The diary of a market speculator who trades stocks and commodities using technical analysis, chart patterns and trend following methods. I can be contacted at SinghJD1@aol.com

Thursday, June 18, 2009

Trade Update: SPY and DIG

As noted to trade report members yesterday I entered SPY at $91.61 and DIG at $28.33.

The SPY trade is based on anticipation of a morning star candle formation completing. Small loss if stopped out. Potential for big gain.

DIG anticipates oversold bounce on test of moving average.

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