Evening folks! Market choppy today. This was the least amount of trades in a day I've made in 2 years. MHR, HDY only 2 buys I had today just couldn't find anything that would go. There were a lot of good looking charts but i got the feeling that some of the better ones on a day like this would pop a couple percent then fade so I stayed away till I know the heat will come in. I did sell off some MOTR on the gap up for 30% gain my avg under .9 and TAT for 8% gain. So booked a few profits but no huge moves today. I suspect we might have more days like today this week. You probably wont get many big moves in the dow jones type stocks tis is the season for terds. Keep an eye on former runners, low floaters, pr plays, and tax loss selling poppers. That's where all the action will be.
team i got a great video up on my favorite setup The bottom bounce . On our members site I have over 100 videos on setups, strategies, and specific trades we have made. Its by far the easiest way to learn trading as I tend to play the same 4-5 setups day after day for years. Once you learn the mechanics of them its muscle memory you can trade without having to think or analyze to much.
[screencast url="http://screencast.com/t/JVTVGpcZh" width="" height=""]
[screencast url="http://screencast.com/t/MpqgCUuW" width="" height=""]
[screencast url="http://screencast.com/t/Ww1ZvDZSq6Bv" width="" height=""]
