Recent content by expensif

CMC could do well from here with some resistance coming in at 18. http://www.paf.am/?di=69D6

We have had a fantastic run in SP500 (which is higher than Nasdaq). We are very much extended from the moving averages, something that cannot go on forever. Traders should note that we are in for a reaction or to be range bound. There are bullish topics in the air. According to Lipper, funds...

A Wyckoff Point and Figure charts provides us with a nice overview of the resistance we are meeting in the SP500. http://www.paf.am/?di=55I1

AFL having a nice pullback in a strong uptrend. Nothing on the P&F chart that would make us want to avoid trading it. http://www.paf.am/?di=BE6M

PHM is a great option for higher prices ahead http://www.paf.am/?di=S6ST

SP500 has had a great move and we are in for a reaction/pullback. We might stay flat also before trying to break out through the resistance. http://www.paf.am/?di=XMMG

DLTR "dollar tree" actually made me some good money back in the days, but now severely under performing http://www.paf.am/?di=R73B

NVS Breaking double top and long term resistance - two birds with one stone? http://www.paf.am/?di=OJW1

NRG breaking both P&F trendline and resistance http://www.paf.am/?di=7M4B

Here's a real loser - SKUL - the "Skullcandy" earphones kids used to want to have, but now rather die than be seen wearing them. http://www.paf.am/?di=C31L

LEN performs well in the double top patterns, so far really well http://www.paf.am/?di=5B4S

EXPE - very nice looking pattern http://www.paf.am/?di=LF1C

APA - potential short with rally that we can sell if we see negative action http://www.paf.am/?di=9BCZ

DLPH - what can you say? Fantastic profits from the double top break out. Currently overextended so don't enter positions right now, wait for a pullback for better risk/reward. http://www.paf.am/?di=A96P

So, we survived fiscal cliff death for now... We also survived the Mayan end of the world, we survived the holidays. Now it is time to start trading again after few weeks of vacation from the markets. TEX breaks through double top and a previous resistance level. http://www.paf.am/?di=OFLS