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My passion is trading stocks. I am a student of the markets just like you. Follow me as I learn new things and analyze the markets. http://www.swing-high.com
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  • Post Market Analysis, Thursday October 22: High Base  0 comments
    Oct 22, 2009 04:16 PM | about stocks: MSFT, HON, SLB, SPXU, SPY, UPRO
    The markets looked like they wanted to head lower early in the session, then chopped around flat mid session, and closed out the day with serious strength. SPY closed the gap from last Wednesday but remained in the high base formation on the daily chart.

    I got stopped out of UPRO and lost some money on SPXU intra-day as the trend turned bullish again. Today was frustrating for me, but I am content with my trading performance for the week.

    Look out for earnings from Microsoft (MSFT), Honeywell (HON), and Schlumberger (SLB) tomorrow. Also we have home sales coming out tomorrow morning.

    video

    Thanks for being a part of <a href="swing-high.com";;>Swing-High.com</a>!

    Happy Trading,
    Jason
    Themes: earnings, economic reports, TICK, TRIN, VIX Stocks: MSFT, HON, SLB, SPXU, SPY, UPRO
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  • nice sell off on the major indexes $SPY, $DIA, $IWM, $QQQQ, $XLF. Entered long positions in $FAZ, $EDZ, and $TZA throughout the morning
    Nov 12, 2009
  • put an order in to pick up some $fas at $70.17... will probably hold it for this up leg if there is one
    Nov 04, 2009
  • the vix should have support at 30 now... $TICK, $TRIN, and $VIX all behaving slightly bearish today after a bullish open
    Nov 02, 2009
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