A Rules- based- trader with 15+ years trading experience. A trend-follower that uses proper position sizing and trailing stops at all times. Indicators, not fundamentals in my world. I trade mostly ETF's, and options. Well hedged with Managed Futures and income producing CEF's.
PNSN has had a nice runup see chart below. Technically, a 50/100 day moving average crossover just occured in the begining of febuary. I also like the steady revenues from the clearing operations. The balance sheet has seen some nice improvements also. I'm thinking of taking a position here and setting a loose stop @ 10%
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Are large Institutions buying Penson stock. 0 comments
Technically, a 50/100 day moving average crossover just occured in the begining of febuary.
I also like the steady revenues from the clearing operations.
The balance sheet has seen some nice improvements also.
I'm thinking of taking a position here and setting a loose stop @ 10%
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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StockTalks
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I'll be looking for signals this week.....may deploy some cash. Selling calls in the last quarter worked well.
Jan 2, 2012
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Selling covered calls on my longs into the melt-up.
Oct 22, 2011
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SPY $103 Here we come. Then I'm a buyer, until then taking small day-trades long/short.
Sep 22, 2011
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