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Posts Tagged With 'market in correction'

Market in Rally Attempt

Market in Rally Attempt

When I wrote my post on July 7th about stocks rallying on earnings expectations I warned about this rally as it is not confirmed and it may fail. Even though the market made an impressive move and achieved great gains since then, it is still in an overall downtrend. Last couple of days I was Continue reading →

Posted by MartZee June 29, 2010

Market slips into a correction after US consumer confidence data

Stocks dropped more than 2 percent on Tuesday after data showed U.S. consumer confidence fell steeply in June on worries about the labor market. Based on that I am considering the market being in correction. No new buys during this time in my trading account (well, right now I do not have free money anyway).

Posted by MartZee January 26, 2010

RAX activated stop loss order

Rackspace Hosting, Inc (RAX) hit my protective stop loss order and has been sold this morning: 01/26/2010    09:32:02    Sold  37  RAX  @  19.9

Posted by MartZee January 22, 2010

CTL triggered a stop loss order and has been sold

As the market continues into correction, another stock sold out hitting the stop loss order. I sold Centurytel, Inc. (CTL) 01/22/2010    15:27:19    Sold  9  CTL  @  34.1401

TSTC sold on stop loss trigger

Telestone Technologies Corp. (TSTC) triggered stop loss order this morning and has been sold: 01/21/2010    11:33:43    Sold  19  TSTC  @  17.78 Today’s move on the market also counts as another sell off (distribution day) and puts the market under the pressure. That means I am raising cash and waiting for the next move. Will the market slip into correction or is Continue reading →