C long/short spotting - should we have a dedicated thread?

[DSteckler]

If Friday's high had been 5 cents lower, today would have been an island reversal. Nice bounce Friday off the 20-day EMA with followthrough today.

[spikefader]

Stop out for even on MDR (long from 49.35) as the pattern fails. No harm; next!

MDR a previous 'c' long that stopped out even, sets up today with a fresh count. 2% risk at today's pivot.

[spikefader]

MDR door opens:


I'm nibbling down near the pivot. 2% risk. Putting for birdie.

[spikefader]

EPEX didn't return to the pivot, so here's today's play.

[spikefader]

ARP setting up:

[spikefader]

EPEX takes its 2% stop as it heads to test the 'c' low of 30.82 which is under S2 today. If that holds I'll stalk another entry.

[spikefader]

MDR door opens:.....2% risk. Putting for birdie.

MDR:
missed the birdy putt and give up my 2%. Next!

[spikefader]

EPEX taking another shot with 2% risk at these levels near 'c' support. Inverted SHS to support, down near S2 intraday.

[spikefader]

EPEX -2%. Next. Maybe a 'c' short? Anyone see any?

[spikefader]

NG pounce time?

[New-born baby]

Warm in NYC

EPEX -2%. Next. Maybe a 'c' short? Anyone see any?

Spike,
Its cold here in the Midwest, but warm in NYC where the Natural Gas (NG) traders are. So they are selling NG like water. Wouldn't want to take a long on a NG stock until the cold snap reaches NYC.
I am heavily into NG, oil and coal stocks, and my screen was very red all day. I am bullish on energy, just not today, unless I was buying the close.

If you are looking short, F, it seems to me, offers a good play.

[spikefader]

Thnx NB.

Just doin' the 'c' wild thang with EPEX; failure makes in a valid short I suppose

NG I was talkin' about NovaGold, basic materials/gold, not Natural Gas.

Thnx fer 'F' though; I'll look at it. Wanna find some 'c' shorts cuz I've been focussing on the long side of late.

[Runner]

Little over 20% in this little TLAB stop....hehe

[Runner]

Spike, here are a few more stocks that have been beat up pretty good. Some have completed the ABC off monthly chart.
TYC TXN NTRS INTC HD MRK MSFT FITB BSX ORCL SYMC

If ya get a chance let me know what ya think of them. Remember looking off monthly and have yet checked out the weekly.

[spikefader]

Thanks a mil Runner! I'm gonna take a close look at these and stalk 'em all. You rock!