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themarketkid

  1. The Weekend Update is now up...http://themarketkid.blogspo...
  2. Oct. 15th Post is now up...http://bit.ly/3JRy18
  3. Weekend Update now posted...http://themarketkid.blogspo...
  4. Big sell-off this morning in the market...we have broken 9,200, so I'd watch for a continued move. We might get a bounce at 50 RSI though.
  5. New evening post up tonite...http://tinyurl.com/p3z8ev
  6. The market's struggling this morning big time again. Remember, I'm not short until under 9,200 on the Dow and S&P equivalent.
  7. New update up now....http://tinyurl.com/mkwqy8
  8. GGC has been just crazy of late...it reminds of PDO and MXC of last summer. Eventually it will be a nice short...it just takes some patience
  9. Today is another nice day for the bulls. The S&P has finally eclipsed the 1,000 mark...where to next?
  10. Continue to watch the stocks that I have mentioned of late. For Friday, also add GGC and BC to that list. Wait for negativity to short.
  11. Nice big up day for the overall markets...keep watching the 9k support level for a breakdown. 9,250 is a breakout level now also.
  12. New post up tonite...here's the link: http://tinyurl.com/mkpp9x
  13. By the way, I am a buyer of this market here. Today just might be one of those big 300 point days for the Dow. We'll see...
  14. MEG was a nice short under 4.75 yesterday to close right at 4.25 like I thought. It's now down even more this morning...anyone in?
  15. And here goes the market again this morning. We have now officially broken out to new highs over the 956 mark on the S&P. Up, up, and away.
  16. Look to short MEG under 4.75 and hold to the 4.25ish area now.
  17. The 20-day/50-day MA cross lead us into this rally, and now it is about to cross again. I think this will take us lower.
  18. I'd look to short the market if we close under 945 on the S&P. We are having a tough time breaking 956 right now to go to new highs.
  19. Some individual tickers to watch are: SOMX, MEG, AGEN, and OREX. MEG is really moving higher today on earnings news...wait for no more hype.
  20. Today finally appears to be the day that the overall markets might stall. We'll have to see how we close first, though.