Posts Tagged ‘MJN’

• Weekly Charts That Still Look Good
  Posted by Leigh Drogen on July 19th, 2010 at 10:58 pm, Comments: 0

  I took a look at some of the better weekly charts that still set up well to the long side tonight.  Remember, if the overall market does not cooperate, these setups will not work.  But if the market churns sideways or gets its act together, these are the stocks you really want to be looking [...]

• Momentum Book Update
  Posted by Leigh Drogen on April 25th, 2010 at 10:44 am, Comments: 0

  I’m gonna keep this pretty short and just hit the major points.  I sold a lot of stock on Monday bringing my cash levels to over 60%.  This run has been quite amazing and large momentum moves often end with a bang.  Fundamental news often matches up with technicals at tops and bottoms, both intermediate [...]

• Momentum Book Update
  Posted by Leigh Drogen on April 17th, 2010 at 12:27 pm, Comments: 0

  It’s amazing, the inability of sellers to keep the market down into the close.  One of the main indicators I’ve been watching throughout this rally is the ability for sellers to close the market on the lows, and continue the selling into the next session.  It should be pretty obvious that this hasn’t taken place [...]

• Momentum Book Update
  Posted by Leigh Drogen on March 12th, 2010 at 4:24 pm, Comments: 0

  Dude, where’s my volatility… The market took the express train past the rally highs this week and provided yet another round of excellent swing trading to the long side.  While everyone was buying puts and inverse ETFs to protect profits from an organized pullback, the market marched higher, stopping them out one after another.  Are [...]