Allan B Tidbits

Trading stocks is not easy. If it were, then everyone would be doing it. Since I am not able to monitor the market fulltime, my trading style is in a state of flux depending upon the current market conditions. For the past few months, my positions are very short term...3 days max...with very tight stops. I try to make entries/exits at certain moving averages and trendlines. My cardinal rule I try to follow (most of the time) is: Trading what you WANT the market to do, instead of what it IS doing is always dangerous. This blog is here to stimulate thought. Enter positions at your own risk.

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  • ABK 9/3/08

    The trades of this stock will be chronichled on its journey to $40. If you have any questions or suggestions on handling this long term position, please feel free to comment. http://screencast.com/t/5oicgHgcXX
    Posted Sep 04 2008, 01:39 AM by da2rth with | with no comments
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  • WATCH 9/2/08

    RIMM - may bounce to 126, closing gap...could then go back down (gap and crap). will be volatile. AXP - may breakout TOL - preparing to test '08 highs ABK - my best long term play MBI in same sector COIN - ready to run
    Posted Sep 02 2008, 08:36 AM by da2rth with | with no comments
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  • ABK 82808

    I have a modest position for my IRA. Last year at this time, it was in the $60s. The strategy I use will be based on this tenet: sell into strength...buy on weakness. As we near targets, I like selling 1/3 of my position @ 2% trailing stop. This technique...
    Posted Aug 28 2008, 06:47 PM by da2rth with | with no comments
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