Author Archive

• Who are these ‘Shorts’?
  TraderAlamo, TraderAlamo | September 28th, 2009 at 1:51 pm

  

  ”Who are these people?” says Jerry Seinfeld. “I know who they are, Jerry!” I reply.

  If the market crashes or goes down heavily from here consider me dead wrong. I’ve no problem being wrong. I’m not an egotistical trader that needs to prove that I’m right. I would prefer to be wrong, but make a boatload of money. If you are shorting here its because you have been fighting this tape every step of the way, or you are trying to compensate for the losses of shorting every day.

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• Through the Looking Glass: Daytrade Charade
  TraderAlamo, TraderAlamo | September 23rd, 2009 at 8:06 am

  

  Today I spent most of the day staring at the FAS 30min chart. Oddly, visions of SKF came pouring into my head. Short the market, is that what you think I’m thinking?

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• Chicago Mercantile Exchange (CME)
  TraderAlamo, TraderAlamo | September 21st, 2009 at 12:20 pm

  

  This name always intrigues me because the potential for sizable gains and large point moves. This is also one of the toughest stocks to daytrade, but as Peter Parker’s, Uncle Ben would say with great power comes great responsibility.

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• Rubber, Rubber Toil & Trouble
  TraderAlamo, TraderAlamo | September 15th, 2009 at 8:27 am

  

  A dark Cave. In the middle, a Caldron boiling. Thunder. Enter the three Witches. 1 WITCH. Thrice the brinded cat hath mew’d. 2 WITCH.

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• The Ways of the White Lotus
  TraderAlamo, TraderAlamo | September 9th, 2009 at 1:56 pm

  

  Trading requires the same flexibility as one of the most legendary Kung Fu villains of all time, the White Lotus. If you continue to listen to all the armchair commentators, you will slowly grind your capital to zero like a wayward parabola.

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• The Bears is Idiotic
  TraderAlamo, TraderAlamo | September 8th, 2009 at 8:12 am

  

  So today, on the return of all the professionals to the market, I offer you an investing mantra that you should take to your grave: “The bears is idiotic!”.

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• Revisiting the Roulette Tables
  TraderAlamo, TraderAlamo | August 26th, 2009 at 11:35 am

  

  Last month I wrote a piece detailing how I try to stay long or short into extreme moves as best as I possibly can using a roulette analogy. In that piece I also stated that the current bull move would continue until we saw Investor’s Intelligence numbers for bulls cross up into the middle 50’s from a percentage basis. Well, my favorite read, Helene Meisler, is noting today that we are currently at 51% for the bulls. Now, I am not saying this is the time here to short, although I would prefer the weakness happen here or early in September as the fuel for a further rally. I do, however, want to be cognizant of the growing sounds of trumpets blaring by many pronouncing the end of the recession and just now embracing equities.

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• Technical Analysis: Secondary Indicator
  TraderAlamo, TraderAlamo | August 25th, 2009 at 8:02 am

  

  With regards to the market, I am always developing a thesis on what I feel will work going forward: technical patterns, price patterns, intraday action.

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• Take Ownership of Your Trading
  TraderAlamo, TraderAlamo | August 21st, 2009 at 7:48 am

  

  Being away from the screens these last few days has been invigorating for me.

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