Margo's Swing Journal

Quote from margo_trader:

I've traded around this one for months. It's not the easiest out there. I'll take a small short on a rally up to trendline resistance....$85.00 - $86.00. Before it's over, I'll be surprised if it doesn't fade to the mid 50s.

margo, why is the left portion of this chart circled?

thanx
 
Quote from margo_trader:

I'm going to short this as close to the 200 MA ($26.50 - $27.00) as I can with a 1/2 or so stop.

thats a particularly nice short set-up on MRVL... thanks for posting
 
John Q Public's call on CCU was on the money. For God's sake, humor him more the next time he asks about your legs. We need more calls like that.
 
Chartgurl, are you selling into any of these overextended breakouts. Take a look at SNDK, probably good for a quick trade.
By the way, short skirt trade are on Linda Rascke(sp) site, i think primarily for futures. Margo, do you need photoshop to make gif posts. I have been selling longs into the rally and adding shorts, but i am suprised at the market strength.
 
Quote from tampa:

John Q Public's call on CCU was on the money. For God's sake, humor him more the next time he asks about your legs. We need more calls like that.

I think he got lucky (but not with Margo :p )
 
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