DJIM Trader Alerts to 2011
Up to the minute alerts of the stocks DJIM traders are closely watching for a trade, a heads up of sorts. This section is mostly for the trader during market hours and those who are familiar with the DJIM trading methodology. In an effort to get information to you quickly, these alerts may only contain a few words, maybe only a symbol of the stock. It is best you keep up to date on the activities in Trader Journal as most plays originate from that page. Please remember Alerts are not a license to buy, watch for volume, market conditions and other indicators
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Given the nature of this week, we are only trading those stocks that can be easily affected(in a positive way) by the holiday trading crowd. The key for us, is to look for stuff that are green and everyone else is trading. There's no contrararian view when it comes to momentum stocks. Stocks like JSDA, GROW, TSL, etc., as long as you go same direction with everyone, you can't go wrong with it. We'll leave the valuation issue till next week.
NCH is around the corner with GSachs initiating with a BUY.
What took you so long GS?
3.80's
CIMT
Now if we just can get Bridgette Jones back to England from smokin butts on dingy's, it'd be really swell..
re:AMAG, we wont hold this through data tonight, the play was just around 60 for us for a break...if it gaps..oh well..we'll play it then.
We've bot TSL mid 46's and will add if it gets to 48's
Watching for interest, old play here
Jon