Headlines

Month: January 2007

Markets

ROIAK

ROIAK or Radio One Inc., the radio station owner and operator, just made it on my watch list. As usual, I am sticking to fairly cheap instruments. The weekly charts tells me ROIAK may have formed a bottom last August, making it an attractive long. The current weekly trend is up and the impulse signal […]

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Markets

NGAS

I will be watching the progress of NGAS in the coming week. The weekly chart gives a blue impulse signal which is not ideal but permits me to trade long if I so desire. The MACD histogram is up but the EMA still shows a down trend. I think the weekly primary trend is down […]

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Uncategorized

Black Belt Trading, tip #1

I know my posting has been inconsistent but such is life. Some weeks trading and blogging take a lot of my focus and others, well not as much. This time I was brewing something new I meant to start some time ago. A new series of posts categorized ‘Black Belt Trading’. For those who do […]

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Uncategorized

LTD

This morning, Wallstrip covers Limited Brands Inc. (LTD), parent of Victoria’s Secret, Bath & Body Works and Express Stores. We look at the weekly and daily charts and to see where we stand.

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Uncategorized

WIT

Wallstrip looks at WIT and so are we. WIT is an India based IT provider. Founded in 1945, it now has about 53,700 employees and has a slightly over 24B of market cap. WIT has been trending up pretty steadily since the bottom at 3.05 in May of 2003. Trading at a comfortable 16.83, WIT […]

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Tools

Synergy

This post will certainly highlight my ‘tech’ side but I had no choice but to cover this here. This tool has single handedly improved my life, my trading and all my work at the computer in general. Many traders (actually pretty much everyone these days) rely on multiple screens to do their work. Scanning charts, […]

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Tools

Elder-disk

I have recently been testing PCFs I can unfortunately NOT publish on this site. I decided to purchase Elder-disk v 2.0 for TC2005/2007. The software was written by John Bruns and is available for purchase on Elder.com‘s online store.

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Uncategorized

SAM short below 34.28

I do not own SAM nor will I get in at this point but if I was, I would short SAM below yestersday’s low of 34.28. I know I am a day behind Wallstrip here but I guess recovering from the holidays has been harder than I thought. And please watch the Wallstrip Show on […]

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Markets

FAF long above 42.10

Reading charts tonight I fell on FAF which attracted my attention and would consider getting in around 42.10 with a stop around 40.39. The weekly chart shows a potential uptrend with the EMA trending up and the MACD histogram slope is also up (Elder‘s Impulse System). On the daily chart I see the same pattern: […]

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Markets

SVNT, UNTD and trading with the trend

As you may know, I trade few titles and hold for a couple of days only. I usually look to hold 1-5 days. This may be elementary comment to most but as I many a times, I am green. I was never really paying attention to the general market directions. I think was getting getting […]

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