Slope Of Hope with Tim Knight
Diamond Pattern in Intraday S&P 500
Mar 21, 2013 9:22:28 AM
Another Good Example of the Value of Stops
As most of you know, I tend to have a large number of small short positions - as of this morning, 70, but as of now, 69 - and it is the elimination of one of those by way of a stop-loss order I want to mention herein. Things were sailing along smoothly this morning, when all of a sudden, I saw a very, very large loss on one of my positions. It appeared from out of the clear blue sky, and my first thought was that I must have been short some stock which was being taken over, and...
Miners in the Coming Months
It's good to see precious metals get up off the mat. Miners in particular are showing strength. I think this could continue for a while longer, but over the coming months, just to be crystal clear, I think they are in for what we in the technical analysis community call ButtHurt.
Active trader and technical analyst.
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