Tuesday, December 11, 2012

Tuesday Evening - Duct tape can handle it.

Looks good from here.
Duct tape is strong, durable and trusted for mission critical situations.  If it moves and should not then duct tape can probably fix it.  But just the same, I'm glad I don't do business travel anymore.

Tuesday Afternoon

Looks like he's a long investor today.
For no particular reason the market is zooming today.  I really don't think it is because of the outstanding interview work in D.C. this morning.  (I felt bad for Becky ...)  Anyway, if you have a stock that is not going up today you need to ask yourself why it's not and do you really want it.  If you can't give an honest and compelling answer then I have a suggestion.  Dump the pig!!!

Tuesday Morning - A channel trade with a death cross

Gator's Chart of the Day: FIO
Fuison-IO is approaching an interesting point on the chart.  It could be that both the impending death cross and price hitting the lateral support line (white) will occur simultaneously.  I'm still holding a few January calls that I picked up on November 20th for a trade up to the 200 day.  So why didn't I sell them when it hit its head and started back down?  Well I did sell almost all I had but these were just back in a corner and I was focused on other things (like FSLR. lol)

The stock is not at a right here right now point but you may want to set an alert.  I am expecting it to bounce from 21.30 but I won't be adding until I see the bounce.  If it fails I'll cuss and dump the last of those calls.  If it does bounce I'll re-load and look for a move back to the 200 day and maybe higher.