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Archive for: April 2009

April 29, 2009

DIG Breakout 042909

Filed under: Online Stock Trading - 29 Apr 2009

DIG broke out of recent consolidation today, which presented a buying opportunity on first pullback of the 5-minute chart.  It’s got to close above the red, wide range bar before it has a chance at really pushing higher.  Plenty of …

April 28, 2009

Deep Market Thoughts – Bear Hope, TZA, IBM

Filed under: Stock Sector - 28 Apr 2009

Not much to say before the Fed meets tomorrow.  The rate decision and corresponding verbiage will probably produce the usual romper room moves after the announcement.

One hint the winds may be starting to favor the bears today, or bulls searching …

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