Posts Tagged ‘UGA’

• Momentum Book Update
  Posted by Leigh Drogen on May 15th, 2010 at 10:06 am, Comments: 0

  Wild week eh?  Before we get to the action though, I want to talk briefly about an aspect of money management on the psychological side that few experience.  The momentum strategy I run is at the end of the day a relative return strategy.  I’m not shooting for an absolute return each year of 12-15% regardless of [...]

• 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 [...]

• RIMM Takes the Market For a Ride
  Posted by Leigh Drogen on April 1st, 2010 at 6:48 pm, Comments: 0

  I woke up this morning expecting the futures to be heavily red with a bad report from Research in Motion $RIMM yesterday afternoon and even worse reaction to said report.  The market, just hanging out up here, looked vulnerable to getting smacked hard and all at once.  So instead of the obvious, I woke up [...]

• The Nothing Day
  Posted by Leigh Drogen on November 17th, 2009 at 6:22 pm, Comments: 0

  Today was a nothing day, anything that happened you should pretty much throw out the window and forget, no one was trading.  We are still trapped under the upper trend channel on the $SPY after breaking out of the bull flag put in last week.  Negative divergences are forming on the hourly chart which should [...]

• Rafa 500: Postmarket Update 9/29/09
  Posted by Leigh Drogen on September 29th, 2009 at 5:56 pm, Comments: 0

  Bearish setups in the energy and material sectors are beginning to show.  I’m long $CF, but I’ll look to get short $MOS below 48.15 or $POT below 85.50.  $CCJ also looks like it could could see 22.50 in a hurry if it breaks 25.40.  Equities within the energy sector still look strong, $XLE and $OIH components are a [...]