Monday, March 01, 2010

Market Talk

The higher up the market goes here the less you should chase price. We've had some good opportunity from our list today and in all cases were able to buy on good bases or on dips to the EMA.

We're back into a benign environment where the main strategy is buying intraday dips/bases on leader stocks near break-out levels.

We're long AAPL swing from Friday and are holding that along with positions in AMZN X ATPG CNX X GOOG which we will all swing on good closes.

Update next morning: We sold what was left of our swings into this gap-up this morning.