2007 June 24–thetechnicaltrader.net

thetechnicaltrader.net

"I can't even count the number of sites I've been to, and none of them compare to TheTechnicaTrader.net....It's not even close. Fous really has a unique ability to target high profit stocks." Read and/or write review here.
FeedTheBull - Top Stock and Finance Sites
Wanna Know What Stocks We're Trading??
CLICK HERE TO FIND OUT!!
Small Cap stocks Portfolio Manager
Symbol
L/S
Entry Date
Entry
Last
G\L Today
Total G\L
????
L
2008-05-23
2.81
2.89
2.1%
2.85%
????
L
2008-06-13
3.62
4.55
3.81%
25.69%
????
L
2008-06-27
4.63
4.67
10.54%
0.86%
????
L
2008-06-30
4.69
4.25
5.35%
9.38%
????
S
2008-06-27
7.89
7.06
0.84%
10.52%
????
S
2008-06-27
9
7.89
3.31%
12.33%
Initial Capital = $50000 /10% equity per trade
Total Portfolio Performance:
536.42 %
TTT.net Benchmark Performance
Index
Start Date
Start Value
% change
Current Value
Nasdaq
2006-03-30
2340.82
4.08%
2245.38
DJIA
2006-03-30
11150.7
1.24%
11288.54
S&P500
2006-03-30
1300.25
2.87%
1262.90
TTT.net
2006-03-30
50000
536.42%
318210
S&P 08'
2008-01-01
1467.97
13.97%
1262.90
Last 5 Closed Trades
Symbol
L/S
Entry Date
Exit Date
Bought
Sold
Gain/Loss
TGC
L
2008-06-16
2008-06-25
1.41
2.28
61.7%
SPNG.OB
L
2008-06-05
2008-06-25
0.05
0.05
0%
AEHR
L
2008-06-03
2008-06-25
9.5
9.62
1.26%
CPTC.OB
L
2008-05-23
2008-06-25
1.08
1
7.41%
NNVC.OB
L
2008-06-16
2008-06-24
1.44
1.34
6.94%
All closed Trades
Last: 11288.54 Change: +73.03
The Dow
Daily Stock Picks
Day Trading
Swing Trading
Technical Analysis
Email Stock Alerts
Portfolio Access
Professional Advice
At TheTechnicalTrader.net we not only ride the bulls, we also tame the bears! It doesn't matter whether the markets are going up or down, with our hot stock picks we profit consistently on both sides long and short using Technical Analysis to implement Day Trading and Swing Trading stratedgies!
 
 
Untitled Document
Recent Posts on the Message Boards
[Penny Stock Picking] Re: FEEC by waxweazle July 03, 2008, 03:57:59 AM
[Penny Stock Picking] Re: FEEC by waxweazle July 01, 2008, 04:23:29 AM
[Penny Stock Picking] Re: FEEC by waxweazle June 30, 2008, 04:34:34 AM
June 24th, 2007

Ali G on stocks - “Don’t be high when your buying and sellin stocks!”

Ali G always makes me Laugh. Especially when he somehow gets these very conservative politicians and economists to agree to an interview……. :)

[youtube]http://youtube.com/watch?v=ksGzn5bRFzQ[/youtube]

June 24th, 2007

Bullish Stock charts From Fridays session

MAJOR EXCHANGES:
CY
SIRI
F
SOHU
AKS
DESC
PGIC
TMTA

OTCBB:
CHNG
MLBU
TEXG*
GTRE
NRGX*
SUWN*
WWAT
UVSE
CMNN*

June 24th, 2007

Technical Analysis of the Nasdaq

Looking at a short term 60 day 60 minute intraday chart the Nasdaq has been forming a broadening ascending wedge patter with higher highs and lower lows. Fridays session was very bearish as it clobbered Thursdays possible rebound candle stick and ended up closing below the open of thursday implicating a continued bear move into Monday. Judging by this short term chart i think its very possible that we could see the Nasdaq continue to slide towards the lower boundary of the broadening wedge pattern here around 2545.

nasd30.gif

Taking a step back and looking at the Nasdaq all the way back into 2003 we’ve seen it trading in a very bullish ascending channel pattern which recently had bullish breakout to the upside of the top resistance line of the channel. The question now is will this breach of the channel hold? Its hard to say, the markets been bullish, but how long can this bull run last? I think sooner or later we will see a correction in the markets and i think we need to keep our stops tight and take profits when we have them. Major support levels that we could expect the Nasdaq slide to:

2545
2500
2320-2375
Worst case scenario the Nasdaq slides all the way down to meet the ascending support of this channel around 2140

nasd27.gif

|
Sponsors
The Financial Ad Trader
The Financial Ad Trader
Member Of Candlestick Shop Banner Exchange