Showing posts with label v. Show all posts
Showing posts with label v. Show all posts
Friday, September 25, 2009
TradingRM prides itself on being team oriented. We all work together to achieve the greater good. Some days some guys' are seeing the market better than others. If you are struggling, you feed off the guy who is killing it. Vice-Versa as well. Today I looked at a chart of MA. It was down $5. This immediately told me that it could be in play. I pulled up V and it also was looking weak.
I immediatlely leaped out of my chair and shouted to the group that MA and V were in play and going down hard. "If you want to make money, you better be in these!!!"
We took no heat in this trade and both stocks sold off hard and fast.
Working together like this is what makes TradingRM different. I couldn't work with a better bunch of traders'. Great job guys!
Thursday, July 30, 2009
Early morning offered a decent set up for a select few short trades. We saw the major indices catch a bid early a.m. MA, V, LVS, MGM, WYNN and several stocks initially seemed strong. But 20 minutes into the trading day we saw the SPX make new highs with the leading stocks on the open not confirming. The Nasdaq was also not confirming highs. Meanwhile several names (AKAM & SYMC) remained weak.
SYMC ended up dripping lower all day and picking up some acceleration lower as SPX sold off in last half hour.
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