Friday, March 2, 2012

Weekend Thread


Flash crashes and mini crashes are again a topic of conversation after yesterday's "curious" close. Also, several Algofighter's have recently had platform issues and computer problems.
I'm going to spend the weekend upgrading my equipment.

Friday Afternoon

FIO daily chart
Lots of action but that secondary looms overhead.  I think it's too late now to get in.  We need a pullback.

Friday morning

If shoes, computers or social media is not your bag, there is also makeup. EL has been in a 4 month basing or consolidation pattern since it reported earnings last November. The stock split 2:1 back in January. I have alerts set and if EL crosses the upper line I have put on this chart with some nice volume ...