Posts Tagged ‘STEC’

• Golden Opportunities
  Posted by Leigh Drogen on November 3rd, 2009 at 7:14 pm, Comments: 0

  I’m seeing some extreme indecision in the market, which makes sense at this point.  The dip buyers failed, they did, and they know it.  The shorts never came in, they decided took keep what was left of their dignity and sit this one out.  Unlike the last few dips there are no short sellers this [...]

• Execute Your Play Book
  Posted by Leigh Drogen on October 27th, 2009 at 3:11 pm, Comments: 0

  The past few days have been nothing other than a calamity of errors on my part, not because I’ve lost money, but because I’ve bumbled the opportunity to make a lot of it.  You will hear this next line recited by many traders, and frankly, it’s true.  There are periods of time where I lose [...]

• Go Slow
  Posted by Leigh Drogen on October 21st, 2009 at 9:31 am, Comments: 0

  Tough day yesterday, no other way about it.  We have entered another period of consolidation above the September highs.  The $SPY needs to hold 108, dropping below there would get me thinking in a more neutral state.  I took off the $STEC short Monday, and sold out of my $AU long yesterday, just trying to [...]

• Buy Your Winners: Postmarket Update
  Posted by Leigh Drogen on October 13th, 2009 at 5:55 pm, Comments: 0

  Much like when I stepped onto the ice last night, I came into the office this morning feeling like shit.  I hobbled all the way from the subway and just felt like crawling into a hole.  By the end of the day though the pain in my leg was no longer bothering me and my [...]

• Things Getting Loonie: Morning Take
  Posted by Leigh Drogen on October 9th, 2009 at 9:34 am, Comments: 0

  The $USDCAD got crushed last night, it is now in full breakdown mode.  Close attention needs to be paid to crude $CL_F now, its action over the next week will give us a lot of insight as to how crude is going to trade for the next few months.  Either we will see crude follow [...]

• Brazilians Have More Fun: Postmarket Update
  Posted by Leigh Drogen on October 5th, 2009 at 5:56 pm, Comments: 0

  I wasn’t surprised to see the dollar getting beaten over the head again last night when I turned on the computer.  The play book is pretty damn simple at this point, crush the US Dollar overnight, pump equities pre market, keep foot on materials pedal 9:30-4:00. Gold exploded today in one of the more obvious [...]