Tuesday, January 25, 2011
Start of the emotional rally?
Looks like the market just started its recovery. It feels like an emotional rally after 5 days of heavy bleeding. I am expecting immediate resistance at 4200 levels.
Every position in my portfolio started to recover today as well. AGI is the only one acting retarded in this strong market. Annoying little bugger. Sell on rally. Formed another doji today. Possibly gathering enough strength to challenge 12 again.
APC is got bid up again today with 10M shares. Although it has closed unchanged(doji) today, with this market you'll never know so I'll be selling on rally and take some money off the basura table.
MEG is showed a strong recovery today. Too bad I didn't have the balls to catch some falling knives yesterday. It could go up to 2.40 and 2.60 at most in the short term.
JGS started its reversal today. Will buy on higher trough formation.
Bought SMC at the closing and looking to range trade. Will continue to hold if it breaks 180.
Every position in my portfolio started to recover today as well. AGI is the only one acting retarded in this strong market. Annoying little bugger. Sell on rally. Formed another doji today. Possibly gathering enough strength to challenge 12 again.
APC is got bid up again today with 10M shares. Although it has closed unchanged(doji) today, with this market you'll never know so I'll be selling on rally and take some money off the basura table.
MEG is showed a strong recovery today. Too bad I didn't have the balls to catch some falling knives yesterday. It could go up to 2.40 and 2.60 at most in the short term.
JGS started its reversal today. Will buy on higher trough formation.
Bought SMC at the closing and looking to range trade. Will continue to hold if it breaks 180.