SDS (BOUNCE Pattern: BUY & SELL)

That was one quick $100 loss. I was so sure with this trade, but the stock quickly reversed. If you are cocksure, better watch out. =)

SPY & SDS Observations 10.24.07

 In order for the market to go higher, SDS needs to fail on the support here. I’ve raised my stop loss for SRDX because stock is moving up without much volume.

SPY & SDS Observations 10.22.07

SPY & SDS Observations 10.16.07

The Kirk Report mentioned the cup with handle formation, and I want market to go sideways here. Usually November and December are good months for stocks. If market can consolidate here, I have few stocks I want to add on and buy.