Tuesday, February 5, 2008

Big Bear day



Let's catch up on today's action, as I put the green line for the target and red line as the stop

CIEN, Bearish trade, it made almost half way to my target in one day.








SLAB, Bearish trade also, entered the trade at limit order on MAR 30P for $1.60 and it got filled right after lunch on a little bounce. Then it continued to fall.





couple of Ultra Short Index ETF's

SDS, Ultra Short for SPY


















TWM, Ultra Short for the IWM













I found an interesting blog, I like it because he does not have a bias, the type of trader/technician I like.
the ELLIOTT WAVE lives on

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