March 27, 2011

Few people succeed in the market because they have no patience. They have a strong desire to get rich quickly.
-J.L.
I absolutely believe that price movement patterns are being repeated. They are recurring patterns that appear over and over, with slight variations. This is because markets are driven by humans - and human nature never changes.
-J.L.
The big money is made by the sittin' and the waitin' – not the thinking. Wait until all the factors are in your favor before making the trade."
-J.L.



$EZPW

$PPO - Looking Ready

Worth a shot on a break out of this channel or over highs at 62.25.

$CAT

$UNP looking ready to attack 100.00

UNP - Buy stops set at 99.75/100.00

$WDC Daily vs. Weekly


$CF Breaking out of falling wedge.

$MCP

$CLF

Not much to say about CLF. Trading in the middle of this range as of now.

$BRKR - Making new highs

$VLO on the move


$IRBT

A pick by $Flare9X, All time highs are at 38.00. Looking pretty bullish breaking out on Friday.

$SOHU worth keeping an eye on here.

$CNX still looking good

56.50 next buy entry.

$SLW

Possible double bottom on 30min.

$ARUN into new highs

Why wouldn't $WTW be a High Flyer?

I hadn't seen or looked at WTW until @ZorTrades mentioned it a few minutes ago. Chart looks great. With 75% of American's in the OBESE category, I would imagine all weight/fitness stocks doing well. 67.00 next buy entry on this one.

$OPEN break thru the Century Mark

Would love to see OPEN hold/base above 100 for a move higher. It's been holding above its 10/21d line since breaking out in January 2010.

$BIDU

Bidu breaking higher to new highs on Friday but closing off the highs. Weekly looks great.

$LULU

LULU looks ready to break this descending trend line.

$EL

EL above moving average and breaking above this descending trend line. Volume wasn't too excited but higher than the previous day. 96.00 on heavy volume would be the next buy point.

$WLT

Looking great as its back above its 50d. A couple of days to flag here under its descending trend line and it should be ready to break out of this channel. Looking to go long on a break out of this channel probably around 129-130.00

$HOC Breakout

Buy stops set at 62.50.