Respect The Support

GualbertoIntraday Levels, One Good TradeLeave a Comment

We talk about the easy money constantly in this blog.  Yesterday offered some great easy money opportunities that you have to be able to capitalize on. The first situation is the 47.50 level in RIMM.  Bella discussed this level the other day in his blog post, and how a great amount of volume went off at that level.  Yesterday RIMM … Read More

Lehman Support

sspencerIntraday Levels, Steven Spencer (Steve's) BlogsLeave a Comment

Just wanted to write a quick note that LEH has been showing support around 7.50 all day.  It spiked down there a few minutes ago and I got hit for 1,000 shares.  I have a stop order below 7.45.  If sellers come down aggressively below 7.40 I will change my bias to the short side again.  Above 8.15 I will … Read More