Stocks trending room

well am riding MAU stock,...it has just bounced off 200 sma dailly,...oil is still bulish,...and they have aprox 25k-40kbop per day,...not 2 much for 1.8b eur CAP,...but they still look cheap (they got aprox 250 ++Mbop under grown)...sl is mental...aprox 14.88-15.20,...all info is more or less wrong, but wtf. im in, i missed the china train,...so i couldnt missed that one.

I wanted to take a medium-long term bullish view on oil a couple of years ago. Oil futures had been in strong contango for months, so they weren't especially appealing. So I bought shares in oil companies and bought CAD/JPY and sold USD/CAD. They have done much better than i expected. I knew oil was going to go up, we keep using more of the stuff and supply is finite and the trouble in the middle east looked likely to kick off so it seemed a relatively safe bet long term. Certainly need the stomach for a lot of volatility though!

Here is a delta scan from last sp-500 high on 10/11/07. Majors listed from top to bottom with percent up/down. I like using this from swing high to swing low. Does not mean I buy the top group though.. It does show what is moving and or bucking the S&P500

http://img340.imageshack.us/img340/9961/deltaco1.png

Internet looks interesting as it has a nice persistant trend in place with a nice P/B..

http://img100.imageshack.us/img100/7592/internetzk6.png

Here is something I noticed on Monday last week, iirc, we had a bad day on Wall Street the previous Friday and the misery was then echoed Monday morning in the Far Eastern stock exchanges. Can't remember what happened in Europe and London because I was watching the forex markets, but the Euro started losing heavily to the Dollar as soon as the major European banks opened.

What happened next? Money piled into the American stock market to grab the value stocks that had taken a beating. So that is the observation, next time the domino tumbles in Wall Street and ripples on to Asian and Indian markets there may be a healthy opportunity for a Euro-short.

I think I'll add SLV (ETF) to my IRA as going into the future I think Silver has room to run..

SLAM SLAM SLAM....hehehe Yea baby get all bulled up the FED just did a cut... Many getting a huge butt slapping today.... Folks the market is sick and don't listen to a word woolly street has to say they are fools in sheep clothing..

I give up, what does this mean?

BTW I just put $5k on a bank

Primate it was my battle number so if I got zipped they would not give my name but only my battle number over the radio.. The recon thing was my unit in Iraq.. Me was in recon so we worked in small numbers providing intel to commanders on the ground... Crazy yes so I should remove it from me mind..

Funny how a bad day in the market means lost income but a bad day outside the wire is much worse then a bad trade..hehe

I would replace this battle number with my blog thingy but I don't no how.. Me trying to create a blog is a challenge..

Oh me best short last month was C.. closed it today for some nice coinage..

geod looks like a weekly breakout, .. very good R:R ratio...

Well thanks for that, and I'm glad it was never used in that way.

Surely not that difficult, ....anybody?

Primate, I figured how to somewhat do the blog thing.. Now just the basics though and looking at some blogs on the web mine is an embarrassment..lol

List of the majors showing strength from last swing high in the S&P500.

http://img444.imageshack.us/img444/8...tamajorky7.png

Update on Internet.. Price action stalled and drifted sideways but held better then most.. Currently it is trying to drift up and needs more bull power.

http://img145.imageshack.us/img145/2059/internetvr1.png

Tobacco looks pretty good to me as indicated by a nice persistent trend.

http://img444.imageshack.us/img444/9498/tobkh9.png

Here are some of the Sub- Sector groups in comparison to the S&P500 from last swing high.

http://img145.imageshack.us/img145/1233/subsecsk8.png

A few stocks from my data base showing the most persistent trends. Database is composed of over 7000 stocks. A 50 day historic volatility filter is used to bring historic volatility to the top.

http://img248.imageshack.us/img248/3514/trei6.png

SLV looking nice and STP triggers over yesterdays high.

IPT hit STP scale 1/2 move B/E..

If anyone would like I can post my P/B list of possible swing trades. Most are momentum type plays with 50 day volatility over 30

EDU was a P/B stock in trigger mode over yesterdays high..