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Technical Analysis, Momentum Trading — iBankCoin

BWLD: Sold @ 30.74

by RaginCajun on July 23rd, 2008 at 10:24 am

(BWLD: 16.88 0.00%)

I bought this when oil was beginning to correct, it turned out to be a great trade. I’m still in my other oil correction trades (HA: 4.16 0.00%) & (HOC: 11.01 0.00%).

Note: My (AAPL: 80.49 0.00%) is coming back to life.

13 Responses to “BWLD: Sold @ 30.74”

  1. Matt Says:

    speaking of oil correction. TSO look’s like it will blow clear through 18 in about 5 minutes

  2. scott Says:

    VTNC popped at the open on better than expected earnings, but has settled back…No much on the radar screen today. Looking at THOR and CYTK as potential longs.

  3. Matt Says:

    I’ll see the TSO shorts north of 20.
    Mwaahaha

  4. RaginCajun Says:

    Refiners are heating up.

  5. RaginCajun Says:

    spoke to soon

  6. Matt Says:

    refiners denied!!

  7. CubsRock Says:

    UNG holding strong, liking it more and more here.

  8. RaginCajun Says:

    AAPL looking great.

  9. Matt Says:

    closing of texas refiners killing TSO’s mo.

    Is this a buying opp or the end of the run?

    I say buying opp.

  10. CubsRock Says:

    Matt, I’m waiting for a flush on July 31st which is Q2 earnings.

  11. Matt Says:

    wait a minute… TSO doesn’t even have refineries in TX.
    Must be the downgrade.
    someone sold the heck out of these guys on the breakouts.

  12. Matt Says:

    Sorry for the raw emotion that should be non existent when trading.

    If you find yourself getting too emotional about a trade one direction or another you need to get out.

  13. CubsRock Says:

    Bingo!

    GD taking off!

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