My trade for Monday...

[bigbench2007]

Go long QID. It's an ETF that shorts the Nasdaq 100. The Nasdaq is overbought and should have a little pullback for a couple of days.

Also, I subscribed to Gorillatrades and the latest stock that confirmed is
AHS. It has a first target of $30.50 with a $24.75 stop loss and a risk rating of 5 out of 5. Be careful if you play this one. Higher risk stocks from them tend to be very volatile.

Anyhow, good luck trading this week,
Dave

 

[bigbench2007]

Not a bad day for QID. I sold half at $51.15 and will hold the rest until the charts say otherwise. I think there's at least another 1-2 dollar upside left.

What the heck, I'll share the love hehe - Today's Gorillatrades 'potential picks' are:

Western Union (WU) - ABOVE $22.48, with a $24.50 first target, a $27.50 second target, and a $20.50 stop loss. Confirmation Volume Area= 4M Risk Rating= 3 (FWIW - Buffet owns about 10mil shares of this company. Also Morningstar has it rated as a 5 out of 5 stars with a fair value of $32.00...)


First Data (FDC) - ABOVE $25.91, with a $28.50 first target, a $32 second target, and a $23.25 stop loss. Confirmation Volume Area= 4.15M Risk Rating= 4

Good luck to all,
Dave

 

[rsnoble-im-back]

No offense, but I bet your trades for the day after your monday picks still aren't recovered. Too bad gorrilla trades didn't forsee this, i've been getting warnings for weeks.

 

[Creepusmaximus]

I wouldn't buy much long.
Here's a short for you ACF and DELL. I don't see upside in either. Short the retail ETF RTH, lousy time of year for retail and if the market crashes you'll hit it big.

 

[Creepusmaximus]

I wouldn't buy much long.
Here's a short for you ACF and DELL. I don't see upside in either. Short the retail ETF RTH, lousy time of year for retail and if the market crashes you'll hit it big.

I'm hitting big, ACF is going down the toilet.
I'm going after MA, HOG short tomorrow. Have to see how things look.