Stocklooker

Potential Trades 5/17

by Henry 05.16.2011

I do not buy stocks gapping higher in price at the open, and I do not sell short stocks gapping lower in price at the open. PIP was not bought because it gapped higher at the open on Monday. ACTIVE TRADES Key: Trade date; trade direction; (Symbol: entry price): current price; remarks 5/16/11: Short MTG [...]

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Stocklooker Mon 5/16

by Henry 05.13.2011

MONDAY, MAY 16, 2011 MARKET SUMMARY DJIA (12,595): expecting the price gap to fill at 12760 NASDAQ (2828): basing; strong move coming soon – can go either way SP500 (1337): expecting the 1357 price gap to fill before a large decline US DOLLAR (UUP : 21.69): expect dollar to hit new lows by late summer [...]

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SP500 5/7/11 Short and Long Term Projections

by Henry 05.07.2011

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Stocklooker Sat, 5/7/11

by Henry 05.07.2011

MARKETS 2 Scenarios equally likely in my eyes: the markets dip early week, then a rally back towards recent highs. The second scenario is we see a quick SP500 drop to 1240, an attempted rally back towards highs, then a larger decline by mid summer. See charts. INDUSTRIES Gold/Silver: First low put in last Thursday, [...]

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