September 30th 2007
Trading Ideas Update
Time to review the current open trades featured on this blog.
The AMTD trade featured on September 10th is still open, but going nowhere. My stop is still around 17.25. The trade has a slight profit and the trend of the stock is up. For now I’ll leave it open.
The FCX trade is still open, but FCX has gone parabolic and is flashing an avalanche. What’s an avalanche. You can find an explanation at Toni Hansen’s online trading blog. Here’s the
FCX Avalanche.
TNH and CSCO are both moving well.
The AGU trade is moving well too.
The GT trade has setup.
The NILE trade hasn’t setup yet. But the bull flag is still valid.
Ok, we’re up to date. Have a great week!
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