HCPG Blog

An educational blog which supplements subscriber service Chart Patterns are nothing but Footprints of the Greenbacks.

Friday, January 22, 2010

Comparative Thinking

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Today was somewhat dramatic -- we traded our plan by buying our spots which hit near the open, and then sold the rally into the morning boun...

This was the Plan

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As per our blog post we offered our plan free to anyone who emailed us last night. Arrows were the entry point alerts -- some didn't ma...
Thursday, January 21, 2010

Charts

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Here are some charts we like with arrows as entry points. All oversold and heading into support:

Email if you want Recap

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We're writing a two part newsletter and first part is a recap of our positions today plus our strategy going forward. If you want a copy...

Our positions

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We had a list of support spots to buy coming into today -- at first we were going to day-trade them on reversals but noticing how heavy the ...
Wednesday, January 20, 2010

Commodity support love-fest

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Look at these charts representing semis, metals and miners, coal, steel, oil companies, and gold miners. Support thus far has held on all o...

Market Talk

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We'd be shocked if SPY didn't visit the 50 SMA -- 113.2 was the support and it's basing on it right now, usually a sign of furth...
Tuesday, January 19, 2010

Morning Notes

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Decent bounce this morning especially in tech, regional banks, and health care stocks. CAT bounced on the 20 SMA -- going forward this is an...
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