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downtowntrader

  1. @Shag007 thanks dude.
  2. mentioned $GLF as being on my watch list earlier. here is my analysis - http://bit.ly/sNVKO
  3. @thestockbandit thx to you too, always a pleasure. good luck tomorrow!
  4. @thestockbandit totally agree on leadership stocks close to setting lower highs. very apparent on weekly charts. case can be made for $RIMM
  5. @thestockbandit yeah, I have $HTZ on my list too. another group that was acting better was education, but friday was ugly for them too.
  6. also re: REITs. I went to the mall today and saw at least 5 kiosks that were closed down. Also two popular store fronts shut down too. $$
  7. i was looking at some bullish setups in the REITs about a month ago & it looks like those setups are failing.stocks like $KIM look lower now
  8. @thestockbandit totally concur. much prefer the gap fill to manage risk, otherwise, it's time to drill down to intraday charts.
  9. $$ @thestockbandit I'm also not too crazy about shorting after what appears to be a gap down open tomorrow, after weak Friday.
  10. $VNO $SPG $FRT are some REITs i'm watching
  11. $GLF $WFT $SLB $FTI $TTI are some oil sector stocks i'm watching on short side
  12. seeing a lot of weakness in oil stocks and REIT's $$
  13. reviewing charts for tomorrow, and it's slim pickings on the long side. $$
  14. RT @alphatrends: http://chart.ly/xn9fzm $$ MARKETS - emotional cycle on weekly $SPY chart
  15. happy 4th everyone, and much appreciation for those that sacrifice in order to defend our freedom.
  16. $XTNT - smallcrap, but looking like it wants to move. in a little at 1.04
  17. wow, what a move on $POT. Nice bullish engulfing candle setting up.
  18. i always have on my desk ;-) RT @StockTickr: Here's best trading calendar around-shows trading holidays, halfdays,etc http://bit.ly/qDT9r $$
  19. While $TICK reading have been weak, I don't see any extreme negative reading either. Seems like a lack of buying rather than urgent selling
  20. $JAH bucking the early morning weakness. taking a long swing here, stop under 18.40