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  • Has Google Lost The Love Of Wall Street? [View instapost]
    Google looking to break $500 again on an up day in the market. Just a psychological and symbolic number but it seems the bleeding may continue for some time. No reason to own this name.
    May 12, 2010. 12:08 PM | Likes Like |Link to Comment
  • Has Google Lost The Love Of Wall Street? [View instapost]
    Even if Charts don't interest you, it is something you should look at. If you are long or short Google doesn't it make sense to look at what other traders/investors in Google are looking at? The stock today is still reacting to those same resistance levels. Shorts are lining up with their orders right at that level
    Apr 29, 2010. 12:13 PM | Likes Like |Link to Comment
  • High Conviction: Starbucks Has Its Buzz Back [View article]
    Bottom line the story has been working and the stock is still in solid technical shape. Today's reversal off the highs on heavier volume is negative and wouldn't buy on a day like this but your downside right now isn't too bad especially if SBUX can consolidate at these levels for a couple more weeks. The last solid entry point we took was on March 8 and +10% in 2 weeks is a nice gain. There will be more high probability entry points to take advantage of the Starbucks story. Worrying too much about all the small details and one will never make a trade.
    Mar 24, 2010. 04:19 PM | Likes Like |Link to Comment
  • MARKET IS ON A LEDGE-Intraday report [View instapost]
    We don't care so much about what the numbers are but will focus more on the reaction to those numbers. If we get terrible numbers and we get a rally after a selloff this speaks volumes about where the market will go next. If we get better than expected numbers and we selloff we need to close out all short term positions
    Feb 24, 2010. 04:53 PM | Likes Like |Link to Comment
  • Stock Chart Setups for Thurs Jan 7 2010-NFLX, AMZN [View instapost]
    ULTA triggered and is up 8% for the day already
    Jan 7, 2010. 10:59 AM | Likes Like |Link to Comment