Search results

No sarcasm at all. I think what you had to say in your blog makes a lot of sense and is definitely not something I have thought about before. Like I said in my blog, I'm not an economist, just an equities trader. Really just wanted to see how others think a big crude rally will affect the U.S...

Good stuff morganist. So do both Brent and WTI crude trade only in U.S. dollars?

Just posted my thoughts on my blog, I'd love to hear what others think as well. http://www.independenttraderken.com/2011/02/what-effect-would-strong-oil-rally-have.html

Although their daily charts look bullish, these two leading sectors are approaching significant resistance levels on their weekly charts. Just posted charts/analysis of these on my blog: http://tinyurl.com/24tj4ub

LVS has gone parabolic and could see a big drop this week as little support exists below. Just posted my look ahead at this week in my blog if you are interested: http://independent-trader-ken.blogspot.com/

67 is looking good for a possible breakdown short. I just posted my look at the week ahead on my blog if you are interested: http://independent-trader-ken.blogspot.com/

GOOG is forming a beautiful flat base after a monster earnings gap. Posted some other charts to watch today on my blog if you are interested: http://independent-trader-ken.blogspot.com

A beautiful spot on the daily has formed at 66. http://independent-trader-ken.blogspot.com

Happy Halloween everyone! I like FCX through 94 for a short. Lots of ducks lined up ina row on the daily. Also posted some more daily spots for the week ahead on my blog if you are interested: http://independent-trader-ken.blogspot.com/

After a breaking out over the 69 level Tuesdays, this stock has tested that level each of the past 2 days. I'll be looking to short it through that number today. Hourly chart is attached. I posted a few other spots I'm watching today on my blog...

and hopefully it doesn't gap over!

SLB is setting up nice on the daily for a breakout over 70. http://independent-trader-ken.blogspot.com

Yep, held support today. I didn't get a short setup today, but will watch it again tomorrow in case it sets up at today's low.

Basing near low of the day now. Watching for breakdown to short. http://independent-trader-ken.blogspot.com/

Eight, I definitely like the sports analogy. You see it all the time, even watching professional athletes. The best athletes definitely have a mental edge. They can make a mistake, realize it, learn from it, and then continue performing without the fear of making another mistake. I do believe...

JOYG has form a rounded top on the daily. Will be watching the 68 level for a short. http://independent-trader-ken.blogspot.com/

I'm on vacation for a few more days, but just posted the below on my blog. I feel like it would also be a good fit for this forum. http://independent-trader-ken.blogspot.com/ THE REVENGE TRADE The goal of a day trader is to take money out of the markets on a consistent basis. It would...

The high from the 13th and 18th make the top, and the low from the 14th and 15th and this morning make the base. Also corresponded with a little uptrend line. http://independent-trader-ken.blogspot.com/

Still watching NEM and a few other gold stocks for shorts today. Gold futures are weak this morning and currently trading just above yesterday's low. Some more comments about this sector in my most recent blog post: http://independent-trader-ken.blogspot.com/

I actually just took a little more than half off at 59.65. The 6-month daily shows 60 as next resis, so as long as it doesn't come back too much now I'll try and hold rest to there.