March 27, 2011

Few people succeed in the market because they have no patience. They have a strong desire to get rich quickly.
I absolutely believe that price movement patterns are being repeated. They are recurring patterns that appear over and over, with slight variations. This is because markets are driven by humans - and human nature never changes.
The big money is made by the sittin' and the waitin' – not the thinking. Wait until all the factors are in your favor before making the trade."


$PPO - Looking Ready

Worth a shot on a break out of this channel or over highs at 62.25.


$UNP looking ready to attack 100.00

UNP - Buy stops set at 99.75/100.00

$WDC Daily vs. Weekly

$CF Breaking out of falling wedge.



Not much to say about CLF. Trading in the middle of this range as of now.

$BRKR - Making new highs

$VLO on the move


A pick by $Flare9X, All time highs are at 38.00. Looking pretty bullish breaking out on Friday.

$SOHU worth keeping an eye on here.

$CNX still looking good

56.50 next buy entry.


Possible double bottom on 30min.

$ARUN into new highs

Why wouldn't $WTW be a High Flyer?

I hadn't seen or looked at WTW until @ZorTrades mentioned it a few minutes ago. Chart looks great. With 75% of American's in the OBESE category, I would imagine all weight/fitness stocks doing well. 67.00 next buy entry on this one.

$OPEN break thru the Century Mark

Would love to see OPEN hold/base above 100 for a move higher. It's been holding above its 10/21d line since breaking out in January 2010.


Bidu breaking higher to new highs on Friday but closing off the highs. Weekly looks great.


LULU looks ready to break this descending trend line.


EL above moving average and breaking above this descending trend line. Volume wasn't too excited but higher than the previous day. 96.00 on heavy volume would be the next buy point.


Looking great as its back above its 50d. A couple of days to flag here under its descending trend line and it should be ready to break out of this channel. Looking to go long on a break out of this channel probably around 129-130.00

$HOC Breakout

Buy stops set at 62.50.