Monday, December 13, 2010

Watchers for the 12-14-10 trading session


New Supernovae scan return. Closed well off of the highs. Nice volume on the rise spurt before it went sideways into the close. Might not be done yet, but prepare to fade the usual confirmed weakness cues or heavy selling pressure or panics.


Keeps making new highs on lower volume, but that might change soon for this over extending issue. Fade on confirmed weakness cues or massive sell dumps. Keep flat otherwise.


Up over 340% beginning Friday, this cheap beast is on watch for a fade entry on morning panic or traditional confirmed weakness cues. Not quite clear why it is up so much so fast, but I am flat on more greening.


See my comments from last time, they mostly still apply. If 1.50 holds, this could inch a bit more up. Probably when the rug is pulled it could get ugly fast, so be aware. Cautiously optimistic long on early greening.


A similar story to TNGS here, except that clear, blatant promotion exists on this one. Might have a bit more upside left on a 2 test. The ride up can be longed. That level would also be a great profit taking dump point, so a fail there is a short entry.


Looking to fade this on a 7 test and fail. Not into a long on anything over that. A gapper of late, another one would help us with the test to set up a potential short. Not so eager to short unless we get that test, but in theory our usual confirmed weakness cues or panic selling will suffice.


Some promotion behind this one, but it closed lower than it opened and fell back under 3 for the close. Possible long if it powers above 3 again and hold with volume. Short on failed 3 test or any panic dumping. I assume once this dumps, it is going to be a beauty for the shorts.

Review my blog at Investimonials:

Follow me now on Twitter:

Watch my instructional trading videos on YouTube:

Subscribe to Big T by e-mail:

Subscribe to Big T in a news reader:

The blog has a terms of service. Be sure to read it at:

No comments: