Sunday, May 10, 2009

GMXR

Friday, May 8, 2009

Update

CELG update...

Saturday, May 2, 2009

Intel chart... 200 dma around the corner



the 200 dma average is the big red line coming down from the top...

Friday, May 1, 2009

Current charts I still like...



Update and chart I am watching






sold MS +20% CX+1% partial X +8% TWB +11% and added to my CELG. CELG is absolutely getting murdered but with a company that is growing at a 20-30% pace with a killer pipeline (VIDAZA and REVLMID). It was downgraded today by Credit Suisse and was down 7%. It is in a horrific downtrend and down under the 50dma but if this rally continues biotechs will perk up sooner or later I feel. I am going to add some puts Monday for downside protection. GMXR is a stock looking up. It broke out once and looking to carry this momentum up. Volume is up huge. Its above the 10/20/50 dma and with the 200dma way up around $30 this stock does not have much resistance. I will look to open a position here on the next down day with natural gas seeming to have found somewhat of a base

Thursday, April 30, 2009

DE chart

]

current holdings
DO X CAT DE CTIC CTIC calls CX CX puts CLF puts PCX CELG BP INTC MS zero cash