Author Archive
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The Pending Bounce
Posted by downtowntrader on May 18th, 2012 at 12:13 am, Comments: 0I mentioned a couple of nights ago that we had a good shot of bouncing within the week and I’m starting to see more signs [...]
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13 Observations on this market
Posted by downtowntrader on May 15th, 2012 at 12:05 am, Comments: 0I’ve been relatively quiet lately and a lot of that is due to the way the market has been trading. While I would love to [...]
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So Now What?
Posted by downtowntrader on April 13th, 2012 at 12:14 am, Comments: 0I mentioned a couple nights ago that I felt we were close to a strong bounce and so far the markets have given us a [...]
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Oversold on many measures
Posted by downtowntrader on April 10th, 2012 at 11:30 pm, Comments: 0After five down days in a row, its easy to say the market is oversold. Several indicators can be used to gauge how quickly the [...]
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Oil Poised To Move Soon
Posted by downtowntrader on March 13th, 2012 at 12:10 am, Comments: 0Oil may be setting up for an impulse move in the very near future. The commodity has refused to give up much ground recently, despite [...]
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2 Stocks in a Narrow Range to Watch
Posted by downtowntrader on March 8th, 2012 at 10:55 pm, Comments: 0While I think the market may be vulnerable to more consolidation there are plenty of stocks with healthy charts. There have been plenty of breakouts [...]
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Trading Big Winners Seminar
Posted by downtowntrader on March 7th, 2012 at 12:10 am, Comments: 0I had the opportunity to attend Joe Fahmy’s “Trading Big Winners” Seminar this past weekend at the Harvard Club in New York and came away [...]
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Trading Idea of the Week
Posted by downtowntrader on February 6th, 2012 at 12:25 am, Comments: 0With many individual stocks already extended, most of my best additions to my watch list this weekend came from some narrow range scans I ran. [...]
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Drive The Bus!
Posted by downtowntrader on January 31st, 2012 at 10:24 pm, Comments: 0“Drive the Bus” is an analogy that I always refer to when I talk to fellow traders about managing entries and exits. In life and in [...]
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On My Watchlist
Posted by downtowntrader on January 30th, 2012 at 11:51 pm, Comments: 0The S&P500 quietly pulled back towards its 20-day moving average this morning, but buyers quickly stepped in erasing much of the early weakness. While we [...]
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Joey Fundora is a private trader who has been trading for over 8 years. Joey specializes in discretionary swing trading of stocks almost exclusively through the use of technical analysis. (More) -
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