Showing posts with label $TPX. Show all posts
Showing posts with label $TPX. Show all posts

Wednesday, July 27, 2011

Note to Self on Buying Strong Stocks $TPX , $QCOR

For the hundred millionth time man, buy strong stocks on pullbacks...not when they are making new highs. That way your stop-loss can be much smaller AND you will be in the stock as it makes new highs. I made money in $QCOR and lost in $TPX. Could have made so much more just by following that simple plan. Concentrate man!!! Bad Boy!

Monday, April 11, 2011

$TPX Will $58.00 be re-tested?

$TPX opened and traded above the 58.00 level I had indicated as important earlier. http://jpotrading.blogspot.com/2011/04/tpx-5800-pivot.html . It quickly re-established the downtrend from Friday.
-Will be looking at how the narrow range it traded through most of the day (55.70/56.18) is resolved. Considering the general market was weak in the afternoon and $TPX established the low relatively early, I am leaning for a re-test of 58.00 .

$TPX 58.00 Pivot.