30 December 2007

30-12-07 : No Long confirmation signal for me !

Dhillon said long wallstreet. its such a great deal for me coz its his first trade alert.

I cant see any long signal. The most i see is A triangle formation.

Yes, i do see that MA200 now act as good support, and MA20 just cross MA50 up.
Perhaps thats his signal.

13336 is his price to long. 13400 is my price to long. I prefer to see price break out of my down channel, and MACD break above 0 for 15min chart as confirmation.

ok.. long then. :)

Long @ 13400
cut @ 13300 ($100)
Profit @ 13600 ($200)
r:r = 1:2
duration = 5 days

daily chart with MA20,50,200
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15min chart
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30-12-07 : Most Counters' "a bit" bearish.

A bit bearish = 15min MACD below 0.

GOOG, BIDU, AAPL, RIMM, MA, GS, BSC. Dow Jones Index (DJI).
So all my counters' MACD are below 0.

Why "a bit"? and not "very bearish"?

Because most prices are still above their trendline / MA20 supports.

A very uncertain market for me. But Dhillon said LONG Wallstreet !
Means its going to go up next week.

He is a genius.