Trading the Markets
Thursday, January 10, 2008
TMO Bounces Off 200 sma
TMO came down to its 200 sma today and bounced off. That was the buy point, I hope you got in. Stop out a percent or two below the 200 sma.
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VAR
Looking for a Top/Range in USO
BIIB Can't Move Higher; Sell
Take Another Quarter Off
Support Holds on BIIB
Looking at BIIB
Broad Markets In Trouble
Cover Rest of STX
TMO's Not Working; Stop Out, Consider Shorting
JSDA Trade Works, Cover Now
Cover MA at 172.35
50 sma Dictates JSDA's movement
Cover HW Close to 10.63
Take Gains in UNG
Start Selling IMA
TMO Bounces Off 200 sma
Cover NMX at 119.27
Cover ALU at 6.67
IMA is Headed Higher
STX Headed to 21 if not Lower
Update on the S&P 500 and Nazz
MA Might Be Headed to its 200 sma
If you haven't noticed already.....
DLM's a Short
SYNA Snaps Back
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