August 30, 2011
August 20, 2011
August 16, 2011
August 11, 2011
August 8, 2011
August 5, 2011
August 3, 2011
VMW
Finding support today at the 21week moving average. Watching for it to clear the 50dma and back above 100.
WYNN
Taking out the 50dma and finding support along this descending trend line. Nice move off of the LOD on big volume.
MA
Didn't realize MA was reporting. What a squeeze, closing under 300. After taking out this descending trend line it ripped another 20 points.
August 2, 2011
DECK
This trade didn't start out well. I have been watching DECK for a while in this channel waiting for a break out. I originally went long at 91 the night it reported earnings. I had my stop placed at 87.75, under the 50dma. I was stopped out by 30 cents I believe the following morning (Friday). I re-entered at 95 as it cleared its 10dma. I had stops under that 10d and 21dma, each for half the position. I took half the trade off at 101 for +6.00 and this morning I took off another 1/4 at 105 for +10.00. As of now, I am holding 1/4 and waiting for it to base above 100.
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