$0 Stock Trades. Zecco.com
YourTradingStock.com  

Charts, Stock Picks, and Technical Analysis from an Online Stock Trading Veteran

May 21, 2007

Just Go Long

Filed under: Stock Picks — Online Stock Trading @ 8:25 am

Just go long. The best way I’ve found to trade this market is by hopping on current momentum. AMZN is breaking out currently, andI’ve taken a position there. NYX is back over it’s 200dma. I’m long and in the green there too. QLD is in the 93’s. Is 100 coming? You can’t fight this tape. Just go long. Pull up the 10 leading gainers on your favorite watch list, and just go long. BIDU, FFH, ICE, AMZN, NYX, CTRP, FMCN, JLL, AAPL are leading on my screen. Just go long.

Just be sure to sell before they pull the chair out.

amzn-trading-052107.jpg

Long over the 5-minute high.

amzn-5-052107.jpg

Leave a Reply