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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Thursday, 12 April 2012

Swing Indicator




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3 comments:

  1. Anonymous12 April 2012 at 18:00

    CR, did you get long anything for a swing trade on Tuesday's sell-off???

    I bought ANR, BTU, and WLT as the coal stocks held up particularly well and have been showing really good relative strength in the last 5-6 trading days. The big surge in China's M2 last night (+13.4%) year over year and surge in Yuan loans also have helped this sector today.

    Are you long any of these names?

    ReplyDelete
  2. Chartrambler12 April 2012 at 20:14

    No,holding onto shorts on European indices,trading cocoa,coffee futures and cable.I dont trade US stocks much but did start scaling into HL this week and XEL and TLW in UK

    ReplyDelete
  3. Chartrambler12 April 2012 at 23:03

    BTW dont use my blog to bash people or make derogatory comments.I am not Dan and wont tolerate trolling.

    ReplyDelete

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