Friday, January 8, 2010

January 8th, 2010

The market will make a significant move soon. Just watch how GOOG plays out. The market could follow GOOG patterns.
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10 comments:

  1. BASJanuary 8, 2010 at 12:36 PM

    another ascending triangle on SPY?..

    going to break out over 114.20..

    by order of the fed: all shorts must capitulate and give up.


    swoomfl

    ReplyDelete
  2. gcl106January 8, 2010 at 12:47 PM

    AMD, BRCM and GOOG have changed trend to downside.

    ReplyDelete
  3. BASJanuary 8, 2010 at 1:48 PM

    ascending triangle fakeout? it failed?! I don't believe it!

    we're not at 114.50 yet?!?

    platin

    ReplyDelete
  4. gcl106January 8, 2010 at 1:51 PM

    I bought another SPXU at 33.80. I believe the top is in for the market.

    ReplyDelete
  5. BASJanuary 8, 2010 at 2:58 PM

    i have some more at 33.83.

    now avg 34.19

    I won't hold this much over the weekend if it doesn't move today. I'll need to lighten the load.

    pectore

    ReplyDelete
  6. BASJanuary 8, 2010 at 3:40 PM

    busting out!!! nice!


    immesse

    ReplyDelete
  7. BASJanuary 8, 2010 at 3:57 PM

    i'm out half my position for weekend.

    i don't care.

    delid

    ReplyDelete
  8. gcl106January 8, 2010 at 4:03 PM

    Have a great weekend!

    BAS, as long as you don't sell, you can't lose. The market will correct itself. Right now this is irrational buying.

    ReplyDelete
  9. BASJanuary 8, 2010 at 4:05 PM

    position was too big to hold for the weekend.

    i'll sleep a little easier now.

    see ya monday


    vanitini

    ReplyDelete
  10. BASJanuary 8, 2010 at 4:07 PM

    114.62 was resistance 1 on spy

    riblu

    ReplyDelete

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