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    Day Trading Thoughts For Thurs. Mar. 12

    Erik comes here every day like "clock work" and takes time to write a very informative piece for everyone to read and hopefully gain insight...Erik is a stand up guy!
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    Day Trading Thoughts For Wed. Mar. 4

    i meant to say 21 is the 50 day moving average.pardon my grammar.
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    Day Trading Thoughts For Wed. Mar. 4

    keep an eye on JOYG. its trading at 18.40 at the moment and i believe it hits 19..then look for 20(a round number) followed buy the 50 dmd which is 21. 21 should prove to be a magnet..keep in mind that both JOYG and BUCY have a habit of gapping up and then fading..today could be much different...
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    General Electric Corp. (GE) - Is GE Okay?

    GE are definitely clamping down on their finance division. GE Money offers financing for business' who wish to offer finance to their customers(a good thing) but not in this environment. they also have alot of retail store accounts. that said,how bout dumping NBC ? I personally think GE will...
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    all SUPPORT has been breached-

    my grammar is atrocious sometimes lol..i trade much better than i write,thats why i chose trading opposed to teaching English. that said,i will take that as constructive criticism.
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    all SUPPORT has been breached-

    the big support level most traders were focused on wasthe october 2002 low on the dow and s&p.. everone looks at the stock market bemused by the sudden uptrend 3-6 months before the economy and jobs market turn because he all know it signals a new economic recovery. the market is supposed to be...
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    chart says FSLR going to 100 or lower

    working out as well. don't get greed,it opened near 116 and dropped to the 105 area. no excuses if anyone waited around to take profits. FCX trade is looking strong as well.
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    FCX on the long side

    working out perfectly..is at 29.63. sold already though...
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    FCX on the long side

    looking for FCX to hit the 29.40 area today. i like the chart and think FCX goes higher today OR it gaps down a bit with the futures and bounces so either way,its a good trade especially on any opening weakness.
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    chart says FSLR going to 100 or lower

    they issued negative guidence and the stock is down about 17. it will definitely hit 100 area and perhaps break below that TODAY!
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    looking at AVAV today

    looking for a move to the 39-39.25 area. AVAV
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    looking to by GVA today

    the 200 dma on GVA will be a magnet. the 200 dma is about 35 so look for GVA to hit 35 very soon. maybe not today of course but very soon. i think we see at least 32.50 today but my target in the very near term is 35 because of the 200 dma.
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    Day Trading Thoughts For Thurs. Feb. 19

    looking at the GVA chart again;i think that 200 dma at around 35 will be a magnet. perhaps not today but 35 is imminent.
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    Getting your profits

    take your profits as quickly as possible; every week or every 2 weeks. after all,thats how the rest of the world gets paid.
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    Day Trading Thoughts For Thurs. Feb. 19

    Erik, take a look at GVA. looking for it to hit the 32.50 area. nice infrastructure play and ready to make a move. PCLN is good as well but i will buy when it bases and put in a TIGHT STOP. but who knows. GVA is definitely my play and on my watch list. EXPO is as well to a certain extent but...
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    looking to by GVA today

    chart looking good . i think it can break above 32.50 easily with this stimulous bill that will appropriate a good portion to infrastructure spending. MY VERY SHORT TERM TARGET IS 32.50 AREA FOR TODAY... GVA
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    No good reason for the selloff

    its kind of a sell the news type situation. we rallied into the this expecting a stimulous package which we got. now that we have it,what else is there to look forward too? also,the street does'nt seem convinced that this package will be enough...
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    in ASEI at 76.54-- sell at 77.19.

    just broke above 78.50. on fire!
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    in ASEI at 76.54-- sell at 77.19.

    that was quick. of course the damn thing shot to 77.65 already. thats the frustrating part about trading,you need to have an exit strategy or else you will not last long. i am happy with the profit i made,i had and entry and an exit so if it goes up another 10 points,it cannot bother me. if it...
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    in ASEI at 76.54-- sell at 77.19.

    i like it. it probably goes to 77.50 but i am happy with a .65 profit. i have a stop in place.
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