“What a year!” I shouted out loud. In a nutshell, below is my trading summary for 2012: Swing trade: YTD gain +24% Position trade :YTD drawdown -15% Net YTD gain for 2012 = 9% I can still remember very clearly… Read More ›
Month: December 2012
There is nothing more positive than a Bullish Engulfment bar to close the year!
Look at the beauty below: You can’t argue with that bad-ass bullish engulfment bar; as a result, I’m 84% invested with 16% cash waiting to catch the 2013 January effect ride. Bon Voyage, everyone!
Did you see that beautiful dragonfly?
That’s the dragonfly doji candlestick chart pattern I’m referring to in the SPY daily chart. See the SPY daily chart below: Here is the description of the Dragonfly Doji chart pattern: Dragonfly Doji The Dragonfly Doji is a significant bullish… Read More ›
After falling down, RIMM picked itself up and run again
That’s the spirit! Go! Go! I must say I’m impressed with RIMM running again today to the tune of 11.4% increase in price action. Fortunately, I jumped back in during the morning spike. After price action took out the Monday… Read More ›
Could not be more wrong!
Yesterday, I deduced our stock market would go up. BAM! Wrong! And that is the way it is. Without the benefit of crystal ball, we are all subjected to the whim of the market mood and sentiment. With fiscal… Read More ›
My take: we are going up!
Am I the only one seeing this? Take a look at the SPY daily chart below: While the day is not over yet, but the up bar today is telling me that the market wants to go back… Read More ›
Profit-taking day
I sold my NOK position today to lock in profit. Although I tried to daytrade afterward to see if I could capture the upward momentum if it continued. I was stopped out and the daily chart was reflecting a doji… Read More ›
