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  • Daily Momentum Watchlist Review
    Posted by Leigh Drogen on August 9th, 2010 at 8:33 am, Comments: 0

  • Momentum Book Update
    Posted by Leigh Drogen on August 8th, 2010 at 12:32 pm, Comments: 0

    For all intents and purposes, I closed my book on Thursday morning for the remainder of the week in search of more clues.  It was a good call, as Thursday was choppy and Friday morning was ugly.  The dip buyers showed up Friday afternoon as the market hit a very important uptrend line and were [...]

  • The Wrong Names, Or a Sour Market
    Posted by Leigh Drogen on August 6th, 2010 at 9:47 am, Comments: 0

    It seems that the exit of my long positions yesterday, most established about two and a half weeks ago was a prescient move.  Many are not acting well today, the jobs number was bad, the reaction to the jobs number was bad, and as I’m writing this at about 10:30 AM the market is having [...]

  • Because I Can Always Buy Back In
    Posted by Leigh Drogen on August 5th, 2010 at 9:00 am, Comments: 0

    I sold out of everything this morning, for a few reasons. Either I’ve been in the wrong names or just caught a bad tape there, either way my long exposure was not performing the way it should have been.  One after another I’ve seen gains get torn away from me by stocks gapping down overnight [...]

  • Daily Momentum Watchlist Review
    Posted by Leigh Drogen on August 5th, 2010 at 8:28 am, Comments: 0

  • Tough Tape
    Posted by Leigh Drogen on August 4th, 2010 at 9:40 am, Comments: 0

    The last week and a half have been tough, I can readily admit that I’ve been chopped up quite a bit here. Money seems to be rotating out of the leaders and into the beaten down names.  If I had more time I would take a look at the relative performance of the growth and [...]

  • Daily Momentum Watchlist Update
    Posted by Leigh Drogen on August 4th, 2010 at 8:30 am, Comments: 0

  • Daily Momentum Watchlist Review
    Posted by Leigh Drogen on August 3rd, 2010 at 7:38 am, Comments: 0

  • Do Not Fight Commodity Momentum
    Posted by Leigh Drogen on August 2nd, 2010 at 1:19 pm, Comments: 0

    You’ve heard me make such remarks in the past, but I’m going to spell it out for you real clear here.  Do not fight momentum in commodities.  Yes, peel off your long or short exposure as price action gets too far away from major moving averages, but do not fight the trend by taking the [...]

  • Nightly Watchlist Review
    Posted by Leigh Drogen on August 1st, 2010 at 10:25 pm, Comments: 0