Tuesday, January 18, 2011

Steve

I feel like this is it for Steve at the head of Apple. I wish him all the best and hope he beats his health issues.

Steve

I feel like this is it for Steve at the head of Apple. I wish him all the best and hope he beats his health issues.

Friday, January 14, 2011

early next week

Early next week watch for that 1305 area to be taken. That's when I will be ready to play, patience just patience.

Gold

So Gold is getting a pullback but looks like the pullback will be deeper- Gold long after a pullback is a low risk play and should be profitable quickly. Still looking for the markets to drift higher.

Thursday, January 13, 2011

Game Plan

If we didn't start earnings season I would be setting up shorts here for a pullback but with earnings season at hand I expect us to slowly grind up to a out of range overbought situation. I will be looking at some spots higher to get on board. There is a possibility that this could be the pullback in progress after hitting the 1286 BUT earnings is the outside element here.
1302-1305 area if we get there might be a better short by my analysis.

Wednesday, January 12, 2011

Gold

For the gold bugs- Gold looks like it wants to rest here. I would be taking Gold long on a size able pullback to maybe its 150 MA.

Magic-

Looked where we closed- total MAGIC :)