One of these days...

One of these days, I'm going to figure out how to post my charts along with my babble, and then you'll all be sorry!

Thanks to a M.A.S tutorial, I can at least get the basic HTML links working. Click on that link and you'll see he's posted some pics of himself. (No offense, M.A.S., but is #2 your sister, or what?)

What's up this week? Well, we are getting real close to a lot of retrace goals that will bring us back to Feb 22 levels, and I can't say I'm not keeping a wary eye on that fact. If you can do the fibs from the Feb 22 drop to the March 14th or so bottoms, you'll note we are at the 78.6% retrace line for the DIAmonds, and very close to closing a gap on the Q's that will bring us to that same 78.6% retrace. A power through these lines would be okay, but likely to give us some agita when we get to the full 100% retracement to the old Feb highs. That's why I'm hoping for a little digestion at these levels (sans agita), before we get the mojo working again.

Individually, I'm still hanging on NYX, even though I'm out of most of the position. No one needs to tell me this is a bad trader's decision, and I should have cut bait on the whole thing -- I'm a schliemiel, what can I say? As well, I've still got a bit of MEMY left, and picked up ONT and ENG positions this week to augment my BHP pick up from last week. Anything new, I'll likely add to comments. Have a good week folks, and watch those fibs -- the don't lie!

Badump-cha!

Hold the phone! MAS has furthered my instruction, and let's see if it works with another pick I've been watching... Smith & Wesson Holding Co. (SMHC).

Okay, Okay, I got it up, but haven't figured out how to get it down here where I wanted it... oh well.