Swing trading Mr.Market's latest Top Five Picks

[Runner]

Spike, what ya think of the 24.40 area? I finally see a spike low stick.

[spikefader]

Spike, what ya think of the 24.40 area? I finally see a spike low stick.

Try for 23.90 entry in anticipation of inverted SHS.

[spikefader]

23.70 is the 38% support area from the bigger daily move, so that should give some good support too.

[spikefader]

Thread update:

Channels and latest Top 5: Well, not much happening on the dailies. One could have chased the recent ARLP channel turn up and be smiling.......missed that one. Continuing to watch.

MPX: Current prices are below a 50% retrace and therefore a bargain! 29.79 is the target for the entry yesterday at 25.90.

[Runner]

Good call Spike on MPX

[spikefader]

Good call Spike on MPX

Thnx. Looks like it's ready to rumble again...

[spikefader]

Christmas Top 5

Here are Mr. Market's latest Top 5:

ACRG.OB BSTE CMN CWTR NGPS.

ACRG closed today with a channel turn up. But talk about low volume! Anyway, the play is long at 3.06 at open.

[spikefader]

re http://www.mrmarketishuge.com/forum/...7&postcount=37
Long at 3.06. Chasing the dragon it seems, but that's the play.

[spikefader]

re http://www.mrmarketishuge.com/forum/...7&postcount=37
Long at 3.06. Chasing the dragon it seems, but that's the play.

Channel long day today.

[spikefader]

CMN: The latest of Mr.Market's picks.
Here is the 50% play I am looking for:

[Websman]

I have plenty of time. $33.13 sounds like a good entry to me!

[spikefader]

CWTR 50% entry today.

Long at intraday S2 and 50% retrace on the daily at 28.18.

Get on the bus people. Target is 32.51.

[spikefader]

MCRI 50% entry day.
Taking it long intraday here at 35.30.

[spikefader]

CME 50% long entry today.
Long at 210.60

[spikefader]

NGPS 50% long entry signal occurred late yesterday.

Taking long today on the morning drop at 33.49.

A 15% target from the 50% retrace calculates as actual 25% or 41.92 from this entry.

Lots of these 50% retrace entries lately with the market weakness. This is the time to exploit the weakness. Just do it!