August 18, 2004

10000 on DJIA and 34 QQQ

These are the resistance numbers to watch.
LWAY broke $10 - good to short. I was watching it when it broke and I thought about shorting it, as I recommended here a few days ago, but I didn't pull the trigger.
What did it close around - $9? Damn.

Looking over the "volume advance" pages link under the "links" tab to the left every day will give you a great idea of what is going on in the market. You won't miss a thing if you go over it every day - not a stock will run away without your notice. Plus, you will get a general feel for what is going on in the market as a whole.
It usually only takes me an hour. And then, for the weekends, I go over the sector charts and the top 100 Alpha charts. This makes me feel right on top of the market.
I've also added some useful links to the tab on the left of this page.

For buying, MAD looks like one to watch. As does FRD and COHT. If you trade BB stocks, watch PIOL.OB

For shorting - TRMM

I saw Wall Street tonight - it was okay. I liked it more than I normally would have because of the subject matter.


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