Chattin’ Up Winners
The TradersWire Interactive chatroom continues to impress me with the wealth of information that keeps flowing
throughout the trading day. The market is showing signs of wanting to continue
higher as this is being written, but members of the Wire were alerted to a great
short-side trade via the action in the chatroom.
Macrovision
(
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PowerRating) was an idea being kicked around by several in
the room when I saw it had formed a partial Slim Jim which at the time was
really more of a narrow range pullback from the intraday low and had just
started to trigger to the downside.
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Even if this had already moved more than some would like,
patient traders got another chance at catching a good trade.
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If you haven’t had the chance to come on over and see for
yourself how your trading can be enhanced by the chat feature in TradersWire
Interactive, I suggest you come on over and take a look. Every TM
contributor who showed up there today dished out phenomenal insight –
only available if you are there.
Until Friday,
Duke
P.S. I will not be doing a column tomorrow as I will be
attending the funeral of my wife’s aunt. Vaya con dios, Lala. See y’all on
Friday.