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An Exercise 2 Help U Improve as a Trader (RIG)

Bella08/11/2010General Comments, Mike Bellafiore's (Bella's) Blogs3 Comments

Today RIG was the easiest of stocks to trade. 55 was the level. RIG dipped below there. And it trended in the most beautiful downtrend. Were you in this trade? I wasn’t. This level was discussed during our AM meeting. Again I wasn’t in this trade. We have discussed this RIG level on our desk for days. Oil was weak. … Read More

The Market as a Handful of Stocks

gman04/13/2010Gilbert Mendez's (Gman's) Blogs10 Comments

The last couple of days I have been baffled by the market being defined by a handful of stocks. If you’re not in them you have no shot in heck of making any money. Honestly, these days I tend to have about 20–30 positions both on the short and long, market stocks, little stocks, and just about a piece on … Read More

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