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BBRY moves well. When it picks a direction it seems to continue instead of darting here and there. I had marked it some time back on weekly for longer term up move. Because of my focus on QQQ/NQ/Nasdaq I tend toward tech stocks so the moves towards the extremes in indexes might give a better...

The rise has been pretty strong this time around during the rise. For me it's a sign to not take this sign of strength lightly and to wait for more confirmation before looking downward. Gringo

Closed out the other half. Was checking the hourly to see what's going on and it wasn't showing much demand. Considering price stalling around potential resistance I decided to run with the profits. The gain was about 65% in a week or two of entry. Gringo

Exited half of the position today.

Hi Jayce, My option money management isn't very sophisticated. Price is the main criteria for me to decide whether to stay in or out. The use of options is discretionary. I do prefer heavier involvement when I go into something. Gringo

BBRY has moved up respectably from the entry. It's consolidating at the moment. The action seems constructive because the price has stayed closer to the upward gains made instead of dropping below the 50% of the upside move. We can see a small hinge on the hourly bar interval. If price breaks...

Hi Tupapa, Yes I keep an eye on the yellow metal. I'll post something if a suitable entry presents itself.

Leverage. Less funds committed.

Style is everything, money is nothing! :)

The price was refusing to go down around support. I have bought Dec calls for BBRY. Gringo

Yes, in the chat if I recall correctly. The example I had given was if you have a watch you don't want to sell but the whole world wants to buy. They'll keep raising their bids in hopes of acquiring it. And it will be you, the seller, who'll be in charge not the buyer. So when the price is...

Don't want to bother you with this but 'more supply than demand' is a better statement. It could as you know be one large seller unloading. For each sell there's a corresponding buy. When sellers are eager to unload buyers become powerful and lower their bids to get cheaper goods. Price as a...

Here's the update chart of the Q's weekly and daily. Price is close to reaching the lower end of the trend channel. We'll get ready to see if longs ever poke their heads out for a dash. Looking at the daily though we can see the speed with which price dropped. Buyers were in charge and there...

I have been eyeing GLD/GDX/SLV closely. When the dust clears I'll post something. Maybe soon to get current thoughts out. Gringo

A climax doesn't always mean rock bottom has been hit. o_O:p Gringo

You are right the price is stretched to the down side and a snap back is not something that would surprise us, however, the main point I see is the lack of demand on the weekly. Even if we have reversal we wouldn't know whether the rally was a technical rally because of oversold conditions or a...

It seems to me those in the article believe that after 75 or 80 there is nothing left to contribute. Age gives a perspective and experience that is not easily replaced. If the brain is out of sorts then this could be understood but personally I would hope that people choose to fight on. It...

The markets are in a limbo as far as I can see. Haven't found anything so far worth putting the funds into. The Q's are in an up trend still and close to their upper channel. Until some sign of weakness is shown I am not interested in going short. Going long around such extended price level to...

Exited these with some profit. Vacation time at hand.

When wall street wrecks the economy, the government needs to step out and let those who are failing fail. Not many of these super big banks would have survived had they not been saved by the government bailing them out many years ago. There's nothing wrong with having greed. What's wrong is to...