3SOF

i have been sitting in "urban outfitters" in madison watching the market bounce .
LDK  in at 32. hold over night for a bounce
CSIQ  in 32.97 hold over night . hoping these will gap up in the morning. they are due for a bounce .
chart to follow
max

HI,
correction on LDK entry 32.09 . both CSIQ  and LDK  and a lot of other stocks rallied at the usuall time today but i was out so i missed it . anyway saw LDK  bounce off the top of the W and knew it was  a goer ( as we say in australia) CSIQ  the same . hoping for some follow through in the a.m. won't be falling in love with these stocks though as the daily chart is fairly damaged for a bull move but we will see what the day brings
stop for LDK  below 31.30 . CSIQ stop around 32.

hi,
possible rally today in the sp500 to around the 1290's ?

hi,
out of CSIQ . 34.29
still holding LDK  looking for 35.00 ( a little hopefull . this might be the end of the rally before the bears return)
maxi
add on: putting a stop at 32. on LDK . market feels done .

hi ,
just as i suspected this morning , market felt done and was done , i let my profit go on LDK  for no reason other than laziness . lock in profits , always .
max

spwr 65.78

sold 66.10  .32cent profit
kept failing at the 66.39 high of yesterday
take another look later
max

SPWR broke out and hit my target . oh well couldn't get a feel for it today.
but rule number one , make money everyday.
max

hi,
missed some good trades today . got in and out of spwr and made a point but my trading was very erratic so nothing pretty to report chartwise. missed a good set up on csiq and i was there at the beginning of it but i turned it down.
lost a little confidence today so when i feel not as mentally tough i end up making mistakes so i am on the sidelines at the moment .
set up of CSIQ

hi,
rough day for me as the market was seasawing around . all i needed to do was to stick to SWPR  and all would have been well . i traded in and out of it and still made money but i was untrusting of the market today and let some good profits go . when that happens i usually step back and watch . ( i also traded the lunch time dead zone which was a mistake ) but i still made money. that is key for me . make money in the market everyday . that is a daytraders job .  keep it simple .
nice chart of SPWR . 
wake up brand new and ready to go in the morning
maxi

hi,
no trades yet today . chop chop city
stay on the sidelines and protect capital
max

hi,
i realize this is after the fact but there was a lovely entry on SPWR  on friday which i have noticed is a great place to enter stocks before a run higher . it often occurs around this time you see on the chart, 1pm to 130pm and coincides with a previous day's either low or support .
in this case it was support . other aspects of the chart were lining up as well . the MACD  crossover , the volume spike as buyers come in to support the stock . and the crossover of the day's pivot at 65.60, all make this a low risk trade . a tight stop could be in place here or a broader stop giving it more room to wiggle but either way this is the sort of set up that offers good possibilties . with the market already tired of dropping for a couple of days shorts cover and buyers nibble a little , daytraders go from short to long as the opportunity arises. as a day trader it pays to stick around the screen al day laying in wait for these trades . it is the sort of thing that you see, and instinctively jump on .
i had already called it quits for the day so missed this one but the beauty of the market is that it is not the last time this will occur . it will happen everyday that some good opportunity shows itself. all we have to do is be ready to dive in .
enjoy a lovely chart,
max

jrcc 49.20
breakout
current 50.39

spwr 72.15
had a limit for for 71.80 just missed it at 71.83

sold jrcc 50. 34
spwr filled 71.80