Momentum Trader Report: 08/29/10

 Things looked pretty bleak in the market Friday morning, but stocks covered nicely and the NASDAQ moved up to close near a support level

Friday was a very good day for Thursdays trigger, TSL. I decided to hold this one into Friday and glad I did.

I had day traded AWI on Thursday, another trigger. Wishing I […]

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Momentum Trader Report: 08/26/10

The NASDAQ started out OK, but lead the market lower again. It is trading under support.

This is good for my recent QID position, which I’ve decided to hold on to, just in case we dive lower.
Still playing the longs though with 2 triggers today. I took profits in AWI and still holding on to TSI, […]

Momentum Trader Report: 08/25/10

The NASDAQ made a nice bounce today after getting beat down the last few days.

This was bad news for my QID position that I entered yesterday. I knew I would probably take some heat on this trade, but now am beginning to think it is not worth holding. It seems these ultra ETF’s are good […]

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