So... I look at earnings schedule last week.....
They are all Wrong, everything I saw scheduled for today and tomorrow is actually next week.
When last week I looked at some companies that had been on the calender for this week and they were actually next week...
The Schedule that I thought had been moved up, was wrong. And it's not that I looked at one wrong calender, I looked at 3 calenders and they are all Still wrong.
Almost every bank reports monday and tuesday of next week.
Monday, January 12, 2009
I'm going to get tagged
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6 comments:
I can't see bank earnings moving this market to a large degree. We'll probably see some chop the next several days before a trend develops.
But so far, the trend developing seems healthy and constructive... despite today's futures. As long as S&P stays above 850 and near the 50dma.
I tend to agree that there's a better than even chance that we drop another 10% form here to test... but will it get all the way to the Nov low.
The question is whether I'm a good enough trader to make money in a choppy market, or should I just keep the hedges in place and hold a large amount of cash.
big full moon...
Just saying..
I know I'm bearish on Oil...
and I hope to post it.. but Rig looks like it bottomed, and should be trying to make a higher low this week...
Cramer and TeraNova say sell it...
Chart looks like a bottom, and I'm happy to have cramer teranova to fade on the trade
If we are going to chop, then just play long position-short position,
but... we will see but next support is 860 level.
I meant 860 (fat fingers).
RIG looks like it's rolling over from a lower high on the daily graph.
The 30-minute looks like maybe a breakout, pullback, go scenario... but it's still showing a lower high pattern to me.
this is how to trade it.. look for some weakness, then you want to get a green candle after that weakness.
Buy it, and stop out below the last red candle.
that is the perfect mamis entry.
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