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• Note To Consumer Tech Companies
  Posted by Leigh Drogen on August 24th, 2010 at 5:04 pm, Comments: 0

  Dell threw its hat into the ring of hopeful iPhone killers today with the Aero, and all I can say is, good luck. Well, actually I have a lot more to say. I continue to be perplexed as to why Dell, Research In Motion, Palm, Motorola, and a few others attempt to go up against [...]

• The Home Improvement Trade Is Over
  Posted by Leigh Drogen on August 23rd, 2010 at 2:51 pm, Comments: 0

  Last winter through the spring it was very obvious that the long home improvement short housing trade was on big time.  Consumer spending led the way as people who refused to sell their houses at the bid which was most likely about 5-7% lower decided to fix up their existing houses instead and live in [...]

• Momentum Book Update
  Posted by Leigh Drogen on August 22nd, 2010 at 10:53 pm, Comments: 0

  Another week of this trendless mess of a market.  I’m starting to feel like a broken tape recorder when I say, stay small and hedge if you really want to play in this market.  Our job as trend/momentum traders is to ride the tide as it lifts all boats by buying the right stocks.  Right [...]

• Two Retail Shorts
  Posted by Leigh Drogen on August 22nd, 2010 at 4:34 pm, Comments: 0

• Return of Weekend Reading
  Posted by Leigh Drogen on August 22nd, 2010 at 11:05 am, Comments: 0

  Returning from a not so brief hiatus is Weekend Reading.  This week, a menagerie of articles from the past few months, some are time sensitive, some not as much.  There’s a lot here this week, and they are posted in no particular order, so peruse throughly. Is Facebook going to change display ads the way Google [...]

• Best Bet On The Long Side Here, Materials
  Posted by Leigh Drogen on August 20th, 2010 at 10:23 am, Comments: 0

  I don’t like this market and continue to believe that on the swing/position trading time frames you should be small and hedged with both longs and shorts.  As you know, this isn’t my kind of market and I will never make a killing on the short side.  But, targeted shorts here are warranted.  Between yesterday [...]

• Why I Follow Two Scalpers
  Posted by Leigh Drogen on August 18th, 2010 at 10:10 am, Comments: 0

  We all have our own strategies and trade our own time frames.  Deviating from what you do well is hazardous, and it’s important to keep in mind when the market doesn’t match up with what your specialty is. That being said, even if day trading is not your specialty you should understand, in detail, what [...]

• Daily Momentum Watchlist Review
  Posted by Leigh Drogen on August 18th, 2010 at 7:37 am, Comments: 0

  We continue to trade in a choppy range, and will most likely do so until the fall trading season really kicks in sometime at the end of September.  Keep your positions lite and take profits quickly as stocks get overbought and oversold.  I prefer right now to play long/short with small positions, this is not [...]

• Mea Culpa
  Posted by Leigh Drogen on August 17th, 2010 at 8:49 am, Comments: 0

  I need to take a moment this morning to apologize for some inaccuracies in yesterday’s post titled “For Profit Education Disaster”.  In my haste, and misunderstanding of what I had read, I made a few important blunders in the text.  Notably, the fact that it was not the department of education but the GAO which had said [...]

• Daily Momentum Watchlist Review
  Posted by Leigh Drogen on August 17th, 2010 at 7:41 am, Comments: 0