Month: December 2007
No Predictions
Making trading profits is not about forcing your opinion on the market, but to listen objectively to the message of the market in order to uncover and exploit low risk, high potential opportunities as they are presented. I do not have a grand theme for 2008, to me a guess as to where the market … Read More
Since Coming Public
four days ago, NetSuite Inc.(NYSE:N) had an excellent run. Now the stock is experiencing a little profit taking and the best level of support for the stock appears to be near 32.75-33.25 which is the location of the 61.8% retracement level of the rally. That level is also where the Volume Weighted Average Price (VWAP) … Read More
Year End Momentum Moves
The last week of the year has traditionally been one of my best trading weeks of the year and it looks like this year will be no exception. There are many participants who will tell you they don’t trade the final week of the year because of low volume, but they are missing the real … Read More
