tag:blogger.com,1999:blog-60555351286404392252024-03-19T04:48:04.352-04:00WEEKLY TECHNICAL COMMENTARYIn-depth technical analysis on various financial markets with emphasis on short-term trading and the art of charting.John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.comBlogger630125tag:blogger.com,1999:blog-6055535128640439225.post-44906088248672122152010-07-22T23:46:00.002-04:002010-07-22T23:48:32.226-04:00CHARTS GONE WILD!!!The wait is over. I have my own site at <a href="http://www.ChartsGoneWild.com">www.ChartsGoneWild.com</a>, powered by the Stocktwits Network. Stop by and take a peek.John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com24tag:blogger.com,1999:blog-6055535128640439225.post-4897546845013296932010-05-07T16:49:00.003-04:002010-05-07T16:51:18.766-04:00CORRECTION: I WILL BLOG OVER AT CHARTLY UNTIL MY VENUE IS COMPLETED<span style="font-size:130%;"><span style="font-family: arial;">You will find me here: http://blog.chart.ly/ for 3 weeks or so. After that, I will give an update upon the completion of my site.</span><br /></span>John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com12tag:blogger.com,1999:blog-6055535128640439225.post-54988982352160169292010-05-06T21:58:00.003-04:002010-05-06T21:59:26.712-04:00THE WEEKLYTA BLOG WILL BE OPEN TEMPORARILY UNTIL THE NEW VENUE IS RELEASEDJohn C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com7tag:blogger.com,1999:blog-6055535128640439225.post-8210619802067392742010-04-29T23:44:00.007-04:002010-04-30T02:48:47.337-04:00DOJI PLAYS / GOLD TIME CORRECTION / SWING UPDATE / DELAYED DAY TRADING<span style="font-size:130%;"><span style="font-family: arial;">I expect this horizontal time correction in gold to continue with an upside breakout. I will make secondary entries in GLD, IAG, and GG, as well as other gold names during that time. I will exit the remaining 1/4 swing in WYNN today. So far all swing plays (MGM, LVS, WYNN, IAG , GG, GLD, etc.) have either been booked for a profit or are profitable on paper.</span></span><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S9p8oxaxSaI/AAAAAAAAGyA/PyD_DsHg--k/s1600/GLD.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S9p8oxaxSaI/AAAAAAAAGyA/PyD_DsHg--k/s400/GLD.png" alt="" id="BLOGGER_PHOTO_ID_5465818137669749154" border="0" /></a><br /><span style="font-size:130%;"><span style="font-family: arial;">The market is in a channel, but more specifically, in a broadening reverse symmetrical triangle. This type of consolidation typically lasts for a while. At this point, this pattern is neither bullish nor bearish.</span></span><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S9p8pCp-AFI/AAAAAAAAGyI/TfKvESFdkXs/s1600/SPX.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S9p8pCp-AFI/AAAAAAAAGyI/TfKvESFdkXs/s400/SPX.png" alt="" id="BLOGGER_PHOTO_ID_5465818142296899666" border="0" /></a><br /><span style="font-size:130%;"><span style="font-family: arial;">I have three finals coming up very soon, so I will not be executing rapid-fire scalps for the next 2 weeks (for the most part). Instead, most day trades will last longer than just a few minutes with more aggressive entries and delayed exits to accommodate my lack of time.</span><br /><br /><span style="font-family: arial;">Below are two doji plays. Remember that doji are indecision days. How do you play doji gaps? You either go long or short either 1) upon a gap up above the previous days highs or a gap below the previous days low or 2) upon intra-day breakouts or breakdowns of said highs and lows. Once direction is determined, the prevailing side usually continues the price action in the direction of resolution.</span></span><br /><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S9p8ouPMreI/AAAAAAAAGx4/6GlMzYgpdEc/s1600/BWA.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S9p8ouPMreI/AAAAAAAAGx4/6GlMzYgpdEc/s400/BWA.png" alt="" id="BLOGGER_PHOTO_ID_5465818136815906274" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S9p8oS4wetI/AAAAAAAAGxw/FAKQxeiR-L8/s1600/BIDU.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S9p8oS4wetI/AAAAAAAAGxw/FAKQxeiR-L8/s400/BIDU.png" alt="" id="BLOGGER_PHOTO_ID_5465818129474026194" border="0" /></a>John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com14tag:blogger.com,1999:blog-6055535128640439225.post-20004405748633093062010-04-27T16:36:00.001-04:002010-04-27T16:36:54.458-04:00GOLD UPDATE II<p style="font-family: arial;"><span style="font-size:130%;">The GLD did what I had anticipated and buy stops were triggered in the following today:</span></p> <p style="font-family: arial;"><span style="font-size:130%;">1) GLD - $114.10<br />2) IAG - $16.41<br />3) GG - $40.92</span></p> <p style="font-family: arial;"><span style="font-size:130%;">Here was the first Gold Update written yesterday: <a href="http://ibankcoin.com/chart_addict/2010/04/26/gold-update-i/">http://ibankcoin.com/chart_addict/2010/04/26/gold-update-i/</a></span></p>John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com0tag:blogger.com,1999:blog-6055535128640439225.post-61225630327785052392010-04-26T20:42:00.004-04:002010-04-26T21:05:13.448-04:00GOLD UPDATE<span style="font-size:130%;"><span style="font-family: arial;">I wrote a </span><a style="font-family: arial;" href="http://ibankcoin.com/chart_addict/2010/04/10/longer-term-gold-and-silver/">post on April 10th</a><span style="font-family: arial;"> regarding my interest in gold. I was waiting for the sector to prove to me that it is good shape to make a full exit out of a multi-month base. The criteria I was looking for was one final consolidation. This criteria has been met in the form of a developing symmetrical triangle that is using the 20-day MA for support. In addition, referencing the GLD, I am using $114 as the neckline for an inverse head-and-shoulders.</span><br /><br /><span style="font-family: arial;">The important aspect of this consolidation is the evolution of it. From December 2009 till early February 2010, gold formed a descending triangle. From that point up until this month, gold formed a channel. The entire pattern exhibits both an inverse head-and-shoulders as well as a rounding base. This month is the most important as short-term consolidation was able to maintain the 20-day MA as immediate support. The only concern is that all four MA's do not have positive slopes, still leaving remnants of a channel's characteristics.</span><br /><br /><span style="font-family: arial;">The moment the GLD breaks through $114, I believe it will be time to accumulate gold for a swing, and perhaps, a positional trade. for a target as close to the December 2009 highs as possible. The only risk is one overlooked pattern, which is the ascending channel. As long as the following criteria are met, I will deploy gold positions:</span><br /><br /><span style="font-family: arial;">1) MA slopes are positive on the 20-, 50-, 100-, and 200-day MAs.</span><br /><span style="font-family: arial;">2) The GLD breaks above $114.</span><br /><span style="font-family: arial;">3) The 20-day is not violated as nearest support.</span><br /><br /><span style="font-family: arial;">If this is executed, then gold will have successfully breached the channel and the inverse H-and-S neckline. Keep an eye on this sector and it's components as we approach May.</span></span><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S9Y3Hja2YYI/AAAAAAAAGxg/RZb-DW0WqK0/s1600/GOLD.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S9Y3Hja2YYI/AAAAAAAAGxg/RZb-DW0WqK0/s400/GOLD.png" alt="" id="BLOGGER_PHOTO_ID_5464615800767144322" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S9Y3G735ykI/AAAAAAAAGxY/bLmBOw_Vkxc/s1600/GLD.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S9Y3G735ykI/AAAAAAAAGxY/bLmBOw_Vkxc/s400/GLD.png" alt="" id="BLOGGER_PHOTO_ID_5464615790151584322" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S9Y3GqWLzMI/AAAAAAAAGxQ/6y9MgSTndGw/s1600/AEM.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S9Y3GqWLzMI/AAAAAAAAGxQ/6y9MgSTndGw/s400/AEM.png" alt="" id="BLOGGER_PHOTO_ID_5464615785446755522" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S9Y3F7L76UI/AAAAAAAAGxI/faFRUtPJaAE/s1600/KGC.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S9Y3F7L76UI/AAAAAAAAGxI/faFRUtPJaAE/s400/KGC.png" alt="" id="BLOGGER_PHOTO_ID_5464615772787304770" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S9Y3FbhpjFI/AAAAAAAAGxA/t07r12HOBkU/s1600/IAG.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S9Y3FbhpjFI/AAAAAAAAGxA/t07r12HOBkU/s400/IAG.png" alt="" id="BLOGGER_PHOTO_ID_5464615764288441426" border="0" /></a><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S9Y3NgV6yaI/AAAAAAAAGxo/iOngxru5tHU/s1600/GG.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S9Y3NgV6yaI/AAAAAAAAGxo/iOngxru5tHU/s400/GG.png" alt="" id="BLOGGER_PHOTO_ID_5464615903020370338" border="0" /></a><br /><span style="font-size:130%;"><span style="font-family: arial;">Lastly, I have finals soon so don't expect me to do my usual rapid-fire trading for the next 2 weeks. If I will be trading, then the time frame will be longer than just a few minutes. </span></span>John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com0tag:blogger.com,1999:blog-6055535128640439225.post-46947810866387525402010-04-16T09:03:00.001-04:002010-04-16T09:06:56.479-04:00INTUITIVE TRADING: PART III SLIDESHere: <a href="http://www.scribd.com/doc/30025881">http://www.scribd.com/doc/30025881</a>John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com0tag:blogger.com,1999:blog-6055535128640439225.post-31619314892717255732010-04-11T15:46:00.003-04:002010-04-11T15:49:34.339-04:00INTUITIVE TRADING SLIDES<span style="font-size:130%;"><span style="font-family: arial;">I started a new Intuitive Trading series on my last two Charts Gone Wild shows on Stocktwits TV. Part 3 will be this week. A got a lot of e-mails from people requesting the slides. Here they are folks, enjoy:</span><br /><br /><span style="font-family: arial;" class="status-body"><span class="status-content"><span class="entry-content">Intuitive Trading Part I: Right Brain vs. Left Brain: <a href="http://www.scribd.com/doc/29752005/psy1" class="tweet-url web" rel="nofollow" target="_blank">http://www.scribd.com/doc/29752005/psy1</a> </span></span></span><br /><br /><span style="font-family: arial;" class="status-body"><span class="status-content"><span class="entry-content">Intuitive Trading Part II: Cognitive and Emotional Biases: <a href="http://www.scribd.com/doc/29752039" class="tweet-url web" rel="nofollow" target="_blank">http://www.scribd.com/doc/29752039</a></span></span></span></span>John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com0tag:blogger.com,1999:blog-6055535128640439225.post-57797791759097495632010-04-10T09:59:00.006-04:002010-04-10T10:21:04.836-04:00LONGER-TERM PLAY: GOLD AND SILVER<span style="font-size:130%;"><span style="font-family: arial;">Many folks requested that I post longer-term ideas, or plays that don't last for only a few minutes heh. Well, </span><a style="font-family: arial;" href="http://ibankcoin.com/chart_addict/2010/03/17/longer-term-casinos/">first it was the casinos</a><span style="font-family: arial;">, which still have </span><a style="font-family: arial;" href="http://ibankcoin.com/chart_addict/2010/04/08/casino-update-mgm-wynn-lvs/">more room for upside</a><span style="font-family: arial;">, and now I want to talk about gold and silver.</span><br /><br /><span style="font-family: arial;">Prior to 2010, all of us at iBankCoin made </span><a style="font-family: arial;" href="http://ibankcoin.com/flyblog/2009/12/29/ibc-predictions-for-2010/">predictions for 2010</a><span style="font-family: arial;">. One of my predictions was that "Gold will continue it's correction for the first quarter of 2010 and break the 2009 highs after Q1". Exact words. So far, part one of that prediction is true and part two has yet to be seen. With recent technical developments in both gold and silver, I think we have a play here, finally.</span><br /><br /><span style="font-family: arial;">Gold broke out of a symmetrical triangle at the beginning of this month. It is also testing the channel high as shown in the continuous contract chart. We may need to watch some action between the sym tri's upper resistance and the channel's high. Also, notice that the price action is fully above all four SMA's (20, 50, 100, 200). The GLD tells a similar story. I posted some of the best gold charts I could find.</span><br /><br /><span style="font-family: arial;">Silver also broke out at the beginning of this month above upper multi-month resistance. I did not find as many silver setups, but precious metals, in general, should be a place to focus on.</span><br /><br /><span style="font-family: arial;">I am looking for a test of channel highs and possibly one more pullback before deploying gold and I am looking for some kind of foothold between 18-18.70 in silver before deploying silver positions in my positional account.</span></span><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S8CIR-qNqXI/AAAAAAAAGvc/y4dJCqGXo9w/s1600/GOLDcc.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S8CIR-qNqXI/AAAAAAAAGvc/y4dJCqGXo9w/s400/GOLDcc.png" alt="" id="BLOGGER_PHOTO_ID_5458512590832249202" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S8CIRsNY_aI/AAAAAAAAGvU/PSVnfrTIdbU/s1600/GLD.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S8CIRsNY_aI/AAAAAAAAGvU/PSVnfrTIdbU/s400/GLD.png" alt="" id="BLOGGER_PHOTO_ID_5458512585879518626" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S8CIRcJbQ1I/AAAAAAAAGvM/42cyfwwjN8I/s1600/GOLD.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S8CIRcJbQ1I/AAAAAAAAGvM/42cyfwwjN8I/s400/GOLD.png" alt="" id="BLOGGER_PHOTO_ID_5458512581567923026" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S8CIQiyiuAI/AAAAAAAAGvE/hqedZzufWd0/s1600/AEM.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S8CIQiyiuAI/AAAAAAAAGvE/hqedZzufWd0/s400/AEM.png" alt="" id="BLOGGER_PHOTO_ID_5458512566171121666" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S8CIQRCi8JI/AAAAAAAAGu8/PM3yBNazowg/s1600/NEM.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S8CIQRCi8JI/AAAAAAAAGu8/PM3yBNazowg/s400/NEM.png" alt="" id="BLOGGER_PHOTO_ID_5458512561406406802" border="0" /></a><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S8CIdBbno_I/AAAAAAAAGwE/9xvPa55a-kw/s1600/BVN.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S8CIdBbno_I/AAAAAAAAGwE/9xvPa55a-kw/s400/BVN.png" alt="" id="BLOGGER_PHOTO_ID_5458512780554904562" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S8CIcv6EPBI/AAAAAAAAGv8/BTKe-1MNGnk/s1600/KGC.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S8CIcv6EPBI/AAAAAAAAGv8/BTKe-1MNGnk/s400/KGC.png" alt="" id="BLOGGER_PHOTO_ID_5458512775850769426" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S8CIcaFRlhI/AAAAAAAAGv0/FCoFNm3VR_k/s1600/ANV.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S8CIcaFRlhI/AAAAAAAAGv0/FCoFNm3VR_k/s400/ANV.png" alt="" id="BLOGGER_PHOTO_ID_5458512769992201746" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S8CIcHQXTvI/AAAAAAAAGvs/9ADjFZrS5IY/s1600/IAG.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S8CIcHQXTvI/AAAAAAAAGvs/9ADjFZrS5IY/s400/IAG.png" alt="" id="BLOGGER_PHOTO_ID_5458512764938440434" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S8CIcEQKGTI/AAAAAAAAGvk/jseaG6HS8GM/s1600/AUY.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S8CIcEQKGTI/AAAAAAAAGvk/jseaG6HS8GM/s400/AUY.png" alt="" id="BLOGGER_PHOTO_ID_5458512764132268338" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S8CIxO_txbI/AAAAAAAAGws/BYoihCE76eU/s1600/SILVERcc.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S8CIxO_txbI/AAAAAAAAGws/BYoihCE76eU/s400/SILVERcc.png" alt="" id="BLOGGER_PHOTO_ID_5458513127793345970" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S8CIw6YykxI/AAAAAAAAGwk/2XlfszH0qvs/s1600/SLV.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S8CIw6YykxI/AAAAAAAAGwk/2XlfszH0qvs/s400/SLV.png" alt="" id="BLOGGER_PHOTO_ID_5458513122261373714" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S8CIwgg1UbI/AAAAAAAAGwc/JwOV569d1ig/s1600/PAAS.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S8CIwgg1UbI/AAAAAAAAGwc/JwOV569d1ig/s400/PAAS.png" alt="" id="BLOGGER_PHOTO_ID_5458513115315786162" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S8CIwZW6xeI/AAAAAAAAGwU/muv8ZdO2IgM/s1600/SLW.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S8CIwZW6xeI/AAAAAAAAGwU/muv8ZdO2IgM/s400/SLW.png" alt="" id="BLOGGER_PHOTO_ID_5458513113395152354" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S8CIwK16i5I/AAAAAAAAGwM/ZYqPLe4v75I/s1600/SVM.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S8CIwK16i5I/AAAAAAAAGwM/ZYqPLe4v75I/s400/SVM.png" alt="" id="BLOGGER_PHOTO_ID_5458513109498629010" border="0" /></a>John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com0tag:blogger.com,1999:blog-6055535128640439225.post-79109947496015603822010-04-08T18:07:00.002-04:002010-04-08T18:08:55.071-04:00WRITE A REVIEW<span style="font-size:130%;"><span style="font-family: arial;">Right here on Investimonials.com: http://bit.ly/b2eV7Q<br /><br />If you read my blogs, watch my shows, and follow my tweets (and I helped you out), let me know!<br /></span><br /><span style="font-family: arial;">Thanks!</span></span>John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com0tag:blogger.com,1999:blog-6055535128640439225.post-26847244877872006402010-03-29T23:35:00.002-04:002010-03-29T23:52:00.945-04:00STOCKTWITS TV SHOW SLIDES<span style="font-size:130%;"><span style="font-family: arial;">I am making my Stocktwits TV show slides available to everyone in PDF format for download. </span><br /><br /><span style="font-family: arial;">For my show archives, you can go to this link: </span><a style="font-family: arial;" href="http://www.stocktwits.tv/charts-gone-wild-with-john-lee/">http://www.stocktwits.tv/charts-gone-wild-with-john-lee/<br /></a><br /><span style="font-family: arial;">Here are the slides:</span><br /><br /><span style="font-family: arial;">AIG Trade Review: </span><a style="font-family: arial;" href="http://www.scribd.com/doc/29142022/AIG-Trade">http://www.scribd.com/doc/29142022/AIG-Trade</a><br /><span style="font-family: arial;">Volume Patterns: </span><a style="font-family: arial;" href="http://www.scribd.com/doc/29142294/Volume-Patterns">http://www.scribd.com/doc/29142294/Volume-Patterns</a><br /><span style="font-family: arial;">Common Breakouts: </span><a style="font-family: arial;" href="http://www.scribd.com/doc/29142224/Common-Breakouts">http://www.scribd.com/doc/29142224/Common-Breakouts</a><br /><span style="font-family: arial;">Doji Strategies: </span><a style="font-family: arial;" href="http://www.scribd.com/doc/29142270/Doji-Strategies">http://www.scribd.com/doc/29142270/Doji-Strategies</a></span>John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com1tag:blogger.com,1999:blog-6055535128640439225.post-53497943787630087122010-03-27T22:23:00.005-04:002010-03-27T22:57:38.432-04:00TRADE REVIEW: ABIO<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S67E5FzqLFI/AAAAAAAAGuw/yO0HZ_pa8CQ/s1600/tweets1.jpg"><br /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S67Epc__hzI/AAAAAAAAGuQ/AS_MbhgGUSM/s1600/ABIOintra.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 241px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S67Epc__hzI/AAAAAAAAGuQ/AS_MbhgGUSM/s400/ABIOintra.png" alt="" id="BLOGGER_PHOTO_ID_5453512415230527282" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S67EpC9CDYI/AAAAAAAAGuI/vGZpNAuaO6k/s1600/ABIO.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S67EpC9CDYI/AAAAAAAAGuI/vGZpNAuaO6k/s400/ABIO.png" alt="" id="BLOGGER_PHOTO_ID_5453512408238787970" border="0" /></a><br /><span style="font-size:130%;"><span style="font-family:arial;">For exact trade entries and exits, you can refer to the blog comments or on my twitter (<a href="http://twitter.com/WeeklyTA">@WeeklyTA</a>)</span><span style="font-family:arial;">. It's documented in real-time and I have about 60 traders who saw me trade it in real-time in 2 different live chat rooms.</span><br /><br /><span style="font-family:arial;">I had my 2nd best trading day of 2010 thanks to ABIO. At 8:30AM Friday, ABIO announced that "a patent was issued to them for treating heart failure patients with Bucindolol based on genetic testing" (</span><a style="font-family: arial;" href="http://bit.ly/c08SLF">http://bit.ly/c08SLF</a><span style="font-family:arial;">). Like other plays, I do not care what the news is. I only care about the reaction to the news. This is the principle of momentum short-term traders. That's lesson #1 - don't get too absorb into the news, instead, trade the reaction to the news. We see this rule all the time, but do you really put it into practice or do you let your personal biases get in the way?</span><br /><br /><span style="font-family:arial;">Lesson #2 is actually watching and "stalking" a stock prior to a breakout. It may take forever, and yes it is many times boring, but you gotta pay attention to the setups during the day. Use a 1-minute time frame for momentum stocks so that you're able to capture the first breakout out of a base. That's what I did...I caught ABIO's first breakout at $4.57/58 (after the opening gap). Do not miss the first breakout, or else it'll get more difficult to maintain your emotional stability. Don't let thoughts like "it's already up too much" get into your head. If the setup is great, then take it.</span><br /><br /><span style="font-family:arial;">Immediately after a huge power spike, I immediately look back to the multi-month daily charts to find key support and resistance areas. This helps me identify where I need to buy and sell intra-day.</span><br /><br /><span style="font-family:arial;">We can see a high of $4.50 in November 2009. We can see a high of $4.88 back in July 2009. The next level would be the breakaway gap back in June 2008 with a high of $5.29. After that, the gap started to fill and the target was the filling of the gap between $8-9. Technically, ABIO breached every level, every high, on the way up. I keep these levels in mind because when the stock does break..it's gonna BTFO. I've demonstrated this nearly every single week. Lesson #3 is to pay attention to past major price levels. Don't sit there intra-day wondering where the stock should be because the chart will tell you.</span><br /><br /><span style="font-family:arial;">Intra-day, you have to have focus and discipline when executing the trades. Of course, in hindsight someone could say "why didn't you hold the stock till $9 and just get 100% in one trade?". Well, problem is that when the first breakout happens, no one knows where it'll end up by 4PM. Heck, I don't know, which is why I trade each intra-day 1-minute setup as if it were the last. It's a way to protect yourself from sudden reversals. Why? Stocks that explode to the moon will fall the hardest and many times, without warning. The important thing is to trade comfortably, take profits at appropriate levels, and play the stock till the wheels fall off. This is lesson #4.</span><br /><br /><span style="font-family:arial;">The star that burns the brightest burns out faster than the star that emits a cooler, darker light. Don't forget this.</span><br /><br /><span style="font-family:arial;">Lesson #5 - pay attention to volume. Volume is absolutely mandatory with momentum stocks. No volume = no trade. Notice how each intra-day breakout displayed some sort of sustained multi-bar volume spike? Combine that with a price spike and you got yourself a trade.</span><br /><br /><span style="font-family:arial;">Key characteristics that make this spike "legit" vs. the other spikes in ABIO:</span><br /><br /><span style="font-family:arial;">1) The gap was above all 4 MA's (20,50,100,200) immediately. Not true for the spike in November and July 2009.</span><br /><br /><span style="font-family:arial;">2) Volume was exceptionally greater than any other day in the morning. This signified to me that there was going to be a massive move. This alone does not confirm direction however. It just tells me that it's going to be "one of those days".</span><br /><br /><span style="font-family:arial;">3) The stock was able to breach previous highs with very little problem. Resistance is supposed to knock a stock down, but it didn't. ABIO would flag at, under, or above resistance (pausing) to launch itself again.</span><br /><br /><span style="font-family:arial;">4) Once the gap was filling, the stock could not be stopped. A breakaway gap that fills in only one day is extremely, extremely, extremely RARE. This was an exceptional case.</span><br /><br /><span style="font-family:arial;">Let it all sink in. If you have questions, then let me know.</span><br /><br /><span style="font-family:arial;">Thanks to the folks who @replied me on ABIO. Hope you folks made some cash.</span></span> (<br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S67E5FzqLFI/AAAAAAAAGuw/yO0HZ_pa8CQ/s1600/tweets1.jpg"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 276px; height: 400px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S67E5FzqLFI/AAAAAAAAGuw/yO0HZ_pa8CQ/s400/tweets1.jpg" alt="" id="BLOGGER_PHOTO_ID_5453512683882687570" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S67E4yiA-QI/AAAAAAAAGuo/SFrg-zkUJ7k/s1600/tweets2.jpg"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 278px; height: 400px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S67E4yiA-QI/AAAAAAAAGuo/SFrg-zkUJ7k/s400/tweets2.jpg" alt="" id="BLOGGER_PHOTO_ID_5453512678708410626" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S67E4TmTT-I/AAAAAAAAGug/FvUCDUUoZYA/s1600/tweets3.jpg"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 285px; height: 400px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S67E4TmTT-I/AAAAAAAAGug/FvUCDUUoZYA/s400/tweets3.jpg" alt="" id="BLOGGER_PHOTO_ID_5453512670404890594" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S67E4GnpRAI/AAAAAAAAGuY/0AmtfYbJ160/s1600/tweets4.jpg"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 279px; height: 400px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S67E4GnpRAI/AAAAAAAAGuY/0AmtfYbJ160/s400/tweets4.jpg" alt="" id="BLOGGER_PHOTO_ID_5453512666920862722" border="0" /></a>John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com0tag:blogger.com,1999:blog-6055535128640439225.post-67161961936819444692010-03-26T16:29:00.003-04:002010-03-26T16:36:52.685-04:00CALL FOR TESTIMONIALS / FEEDBACKHey, what's up? Hope everyone had a great week. I know I did. I'm just wondering about my readers, viewers, and followers and wanted to catch up on what you guys are doing. I hope this blog, my shows, articles, tweets, and everything else have greatly contributed to your growth as a trader. To me, it seems like I learn something new every day and that's how it should be.<br /><br />If you made money from my calls, articles, or anything else, LET ME KNOW! I'd love to hear about it. In addition, if there's something you'd like to see on the blog, my show, or twitter, send me your feedback. My eyes and ears are open to you. I'll be free this weekend (no traveling) and would be more than happy to open up some dialogue with each of you. Shoot me an e-mail at <span style="font-weight: bold;">JCLee84 @ hotmail.com</span> (no spaces in e-mail address), or leave a comment below and I'll get back to you as soon as possible.<br /><br />Have a great weekend folks, and yes, I'll do an ABIO trade review this weekend.John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com1tag:blogger.com,1999:blog-6055535128640439225.post-48653443868417665582010-03-24T09:13:00.007-04:002010-03-24T09:19:08.816-04:002-YEAR INTERNATIONAL MARKETS<span style="font-size:130%;"><span style="font-family: arial;">Nearly the rest of the world is in some sort of IT/LT consolidation range, most of them in rectangles, asc channels, or desc channels. However, we are blasting higher. There's obviously a divergence here. Look for any breakouts of breakdowns from consolidations in multiple international markets for clues.</span></span><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6oRJp-4y-I/AAAAAAAAGtw/uxBWgCF9xok/s1600/EWA.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6oRJp-4y-I/AAAAAAAAGtw/uxBWgCF9xok/s400/EWA.png" alt="" id="BLOGGER_PHOTO_ID_5452189156471524322" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6oRJXU292I/AAAAAAAAGto/gY2Z3cYiDBE/s1600/EWO.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6oRJXU292I/AAAAAAAAGto/gY2Z3cYiDBE/s400/EWO.png" alt="" id="BLOGGER_PHOTO_ID_5452189151463405410" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6oRJGe7-bI/AAAAAAAAGtg/OuDAwUPTIOo/s1600/EWK.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6oRJGe7-bI/AAAAAAAAGtg/OuDAwUPTIOo/s400/EWK.png" alt="" id="BLOGGER_PHOTO_ID_5452189146942273970" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6oRI_fk9WI/AAAAAAAAGtY/uzvJYDQLOfA/s1600/EWZ.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6oRI_fk9WI/AAAAAAAAGtY/uzvJYDQLOfA/s400/EWZ.png" alt="" id="BLOGGER_PHOTO_ID_5452189145065911650" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6oRIvAwDoI/AAAAAAAAGtQ/OGUhDxnPcqA/s1600/EWC.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6oRIvAwDoI/AAAAAAAAGtQ/OGUhDxnPcqA/s400/EWC.png" alt="" id="BLOGGER_PHOTO_ID_5452189140641648258" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6oRBBWNP0I/AAAAAAAAGtI/m-clSIJFGU8/s1600/EWQ.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6oRBBWNP0I/AAAAAAAAGtI/m-clSIJFGU8/s400/EWQ.png" alt="" id="BLOGGER_PHOTO_ID_5452189008124526402" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6oRAyAB9nI/AAAAAAAAGtA/tCd8S7uKWIU/s1600/EWG.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6oRAyAB9nI/AAAAAAAAGtA/tCd8S7uKWIU/s400/EWG.png" alt="" id="BLOGGER_PHOTO_ID_5452189004004980338" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6oRAifvVkI/AAAAAAAAGs4/PKWHgfoUbuk/s1600/EWH.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6oRAifvVkI/AAAAAAAAGs4/PKWHgfoUbuk/s400/EWH.png" alt="" id="BLOGGER_PHOTO_ID_5452188999843010114" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6oRAEpmooI/AAAAAAAAGsw/OSD9MTWMjt8/s1600/EWI.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6oRAEpmooI/AAAAAAAAGsw/OSD9MTWMjt8/s400/EWI.png" alt="" id="BLOGGER_PHOTO_ID_5452188991831319170" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6oRABIR-NI/AAAAAAAAGso/1nNVVaumoN8/s1600/EWJ.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6oRABIR-NI/AAAAAAAAGso/1nNVVaumoN8/s400/EWJ.png" alt="" id="BLOGGER_PHOTO_ID_5452188990886246610" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6oQ5eocJSI/AAAAAAAAGsg/D0LJtBbZwrs/s1600/EWM.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6oQ5eocJSI/AAAAAAAAGsg/D0LJtBbZwrs/s400/EWM.png" alt="" id="BLOGGER_PHOTO_ID_5452188878546674978" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6oQ5MiwxJI/AAAAAAAAGsY/j-u7XxNbvOU/s1600/EWW.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6oQ5MiwxJI/AAAAAAAAGsY/j-u7XxNbvOU/s400/EWW.png" alt="" id="BLOGGER_PHOTO_ID_5452188873691022482" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6oQ4q7DYBI/AAAAAAAAGsQ/r1_eij0eF78/s1600/EWN.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6oQ4q7DYBI/AAAAAAAAGsQ/r1_eij0eF78/s400/EWN.png" alt="" id="BLOGGER_PHOTO_ID_5452188864666099730" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6oQ4aheWQI/AAAAAAAAGsI/xWfi-gmElMw/s1600/EWS.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6oQ4aheWQI/AAAAAAAAGsI/xWfi-gmElMw/s400/EWS.png" alt="" id="BLOGGER_PHOTO_ID_5452188860263848194" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6oQ4E3OILI/AAAAAAAAGsA/ZXf0klouIB4/s1600/EWY.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6oQ4E3OILI/AAAAAAAAGsA/ZXf0klouIB4/s400/EWY.png" alt="" id="BLOGGER_PHOTO_ID_5452188854449479858" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6oQwyOAZMI/AAAAAAAAGr4/kNthfTLosMc/s1600/EWP.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6oQwyOAZMI/AAAAAAAAGr4/kNthfTLosMc/s400/EWP.png" alt="" id="BLOGGER_PHOTO_ID_5452188729185690818" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6oQwdH_EKI/AAAAAAAAGrw/aYls9y40TIo/s1600/EWD.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6oQwdH_EKI/AAAAAAAAGrw/aYls9y40TIo/s400/EWD.png" alt="" id="BLOGGER_PHOTO_ID_5452188723523293346" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6oQwDc1dpI/AAAAAAAAGro/lVndhsJuuik/s1600/EWL.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6oQwDc1dpI/AAAAAAAAGro/lVndhsJuuik/s400/EWL.png" alt="" id="BLOGGER_PHOTO_ID_5452188716631422610" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6oQvm2Y9YI/AAAAAAAAGrg/_FRoqKZqav4/s1600/EWT.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6oQvm2Y9YI/AAAAAAAAGrg/_FRoqKZqav4/s400/EWT.png" alt="" id="BLOGGER_PHOTO_ID_5452188708953978242" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6oQvbgtYkI/AAAAAAAAGrY/ryRlYmyn1vo/s1600/EWU.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6oQvbgtYkI/AAAAAAAAGrY/ryRlYmyn1vo/s400/EWU.png" alt="" id="BLOGGER_PHOTO_ID_5452188705910252098" border="0" /></a>John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com0tag:blogger.com,1999:blog-6055535128640439225.post-33602892974987245962010-03-24T08:41:00.002-04:002010-03-24T08:45:12.427-04:00LONGEST TESTIMONIAL I EVER GOT<p style="font-family: arial;"><span style="font-size:130%;">I received my longest (ever) testimonial from a private coaching student I trained in January 2010. I decided to post it, unedited (sorry about the cuss words, but I didn't write them):</span></p><p style="font-family: arial;"><span style="font-size:130%;">-----</span></p><p style="font-family: arial;"><span style="font-size:130%;">(March 20, 2010)<br /></span></p><p style="margin: 0pt; font-family: arial;"><span style="font-size:130%;">When asked to summarize the core of his philosophy, Ralph Waldo Emerson replied, “the infinitude of the private man." If you asked John Lee for his outlook on life, he would probably </span><span style="font-size:130%;">offer a similar sentiment</span><span style="font-size:130%;">. </span><span style="font-size:130%;"> However, where Emerson was</span><span style="font-size:130%;"> known</span><span style="font-size:130%;"> primarily a</span><span style="font-size:130%;">s a</span><span style="font-size:130%;"> thinker, John is a man of action. John is an example of someone that refused to be pigeonholed by society into becoming an institutionalized slave, and instead carved a path for himself through mastery of short term equity trading. For those of us lucky enough to know him, he is a true leader that changes people’s lives.</span></p><p style="margin: 0pt; font-family: arial;"><span style="font-size:130%;"><br /></span></p><p style="margin: 0pt; font-family: arial;"><span style="font-size:130%;">Before signing up for John’s training session, I was a college grad with a fresh job doing financial consulting . In college I had the average mindset of everyone else in the pack, “do as well as possible in school, and try to land the best paying job that will look good on a resume.” </span><span style="font-size:130%;">Both of my parents are self-employed, yet somewhere down the line I </span><span style="font-size:130%;">was</span><span style="font-size:130%;"> brainwashed by <span style="">society</span></span><span style="font-size:130%;"> into thinking there was only one way to secure a future. I wasn’t sure where I really wanted my life to go. Soon after starting work, I quickly realized that being a corporate slave wasn’t for me. My biggest issue is that I am paid for my time. I know I can use my time more productively. As an employee you are rated on your “utilization” but for fucks sake how can you look at yourself in the mirror when you are being “utilized” essentially for someone else’s gain? How about trying to utilize your </span><span style="font-size:130%;">own time </span><span style="font-size:130%;">for your personal gain and development?</span><span style="font-size:130%;"> This thought would eat at me constantly and I needed a way to live on my own terms, within a framework for creating self-made success. </span><span style="font-size:130%;"> John’s teaching is geared toward those with the individualist spirit</span><span style="font-size:130%;"> of Emerson</span><span style="font-size:130%;">, who wish to take control of their lives</span><span style="font-size:130%;">, but have the motivation to make it happen</span><span style="font-size:130%;">.</span><span style="font-size:130%;"> He offers a framework for owning your future.</span></p><p style="margin: 0pt; font-family: arial;"><span style="font-size:130%;"><br /></span></p><p style="margin: 0pt; font-family: arial;"><span style="font-size:130%;">If you follow John’s blog, you know his methods work. The results speak for themselves. </span><span style="font-size:130%;">John has synthesized the knowledge contained within his vast library of financial texts (which he will share with yo</span><span style="font-size:130%;">u if you choose to sign up). His concise teachings are essentially a rundown of the most effective and powerful strategies for maximizing your gains while minimizing exposure</span><span style="font-size:130%;"> (and risk)</span><span style="font-size:130%;">. I</span><span style="font-size:130%;">n my first month of trading and testing the </span><span style="font-size:130%;">waters, I was pretty much break-</span><span style="font-size:130%;">even, which isn’t bad for someone that had never placed a trade in their life beforehand. In my second month, I am up 22% in three weeks. This is not a matter of luck; I work </span><span style="font-size:130%;">a full time job and </span><span style="font-size:130%;">have put in at least 20 hours per week<span style=""> scanning for set ups and studying the methods. John is a terrific teacher and offers continual support, both during and after market hours.<br /></span></span></p><p style="margin: 0pt; font-family: arial;"><span style="font-size:130%;"><br /><span style=""></span></span></p><p style="margin: 0pt; font-family: arial;"><span style="font-size:130%;">The $4<span style="">,</span><span style="">000 </span></span><span style="font-size:130%;">“</span><span style="font-size:130%;">fee</span><span style="font-size:130%;">”</span><span style="font-size:130%;"> for his service is truly a gift if you have the motivation and discipline to stick with it. Would you pay Peyton Manning to teach you how to quarterback? </span><span style="font-size:130%;">Would you pay Larry Bird to teach you to shoot a basketball? This may sound like an exaggeration, but it’s not. Coaching by those </span><span style="font-size:130%;">athletes</span><span style="font-size:130%;"> would also come with a disclaimer reading “does not guarantee results</span><span style="font-size:130%;">,</span><span style="font-size:130%;">”</span><span style="font-size:130%;"> but it sure as hell would increase your chances of success</span><span style="font-size:130%;">.</span><span style="font-size:130%;"> John’s training is just like anything else; </span><span style="font-size:130%;">the more time you commit, the better you will bec</span><span style="font-size:130%;">ome, but how far you go is ultimately up to you.</span><span style="font-size:130%;"> <br /></span></p><p style="margin: 0pt; font-family: arial;"><span style="font-size:130%;"><br /></span></p><p style="margin: 0pt; font-family: arial;"><span style="font-size:130%;">This system requires organization, discipline, and self-analysis more than anything else. </span><span style="font-size:130%;"> If you are </span><span style="font-size:130%;">motivated to self-improve, <span style="">apply for the program</span></span><span style="font-size:130%;">. This has been by far the best decision I have ever made. I am incredibly motivated </span><span style="font-size:130%;">and will not let this opportunity go to waste. </span><span style="font-size:130%;">Two</span><span style="font-size:130%;"> months after training, I feel like my life is at the</span><span style="font-size:130%;"> apex of an ascending triangle, ready to BTFO.</span></p><p style="margin: 0pt; font-family: arial;"><span style="font-size:130%;"><br /></span></p><p style="margin: 0pt; font-family: arial;"><span style="font-size:130%;">-Michael H.</span></p><p style="margin: 0pt; font-family: arial;"><span style="font-size:130%;"><br /></span></p><p style="margin: 0pt; font-family: arial;"><span style="font-size:130%;">-----</span></p><p style="margin: 0pt; font-family: arial;"><span style="font-size:130%;"><br /></span></p><p style="margin: 0pt;"><span style="font-family: 'Times New Roman';"><span style="font-size:100%;"><span style="font-family: arial;font-size:130%;" >That's whats up. Great work!</span><br /></span></span></p>John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com0tag:blogger.com,1999:blog-6055535128640439225.post-72357780404459644732010-03-22T08:41:00.011-04:002010-03-22T08:58:56.189-04:00RANDOM PICS FROM THE PHILLY ZOO<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dpMPTnuuI/AAAAAAAAGrQ/eMj8AFZNDCU/s1600-h/IMG_0635.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dpMPTnuuI/AAAAAAAAGrQ/eMj8AFZNDCU/s400/IMG_0635.JPG" alt="" id="BLOGGER_PHOTO_ID_5451441532943448802" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6dpL4cfRLI/AAAAAAAAGrI/_b_NUQ5_enQ/s1600-h/IMG_0634.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6dpL4cfRLI/AAAAAAAAGrI/_b_NUQ5_enQ/s400/IMG_0634.JPG" alt="" id="BLOGGER_PHOTO_ID_5451441526806627506" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6dpLuQskfI/AAAAAAAAGrA/NmER-3b5_yM/s1600-h/IMG_0633.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 300px; height: 400px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6dpLuQskfI/AAAAAAAAGrA/NmER-3b5_yM/s400/IMG_0633.JPG" alt="" id="BLOGGER_PHOTO_ID_5451441524072813042" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6dpLO-dYgI/AAAAAAAAGq4/bCJVHNmKBTE/s1600-h/IMG_0632.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 300px; height: 400px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6dpLO-dYgI/AAAAAAAAGq4/bCJVHNmKBTE/s400/IMG_0632.JPG" alt="" id="BLOGGER_PHOTO_ID_5451441515674821122" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dpKjXOTHI/AAAAAAAAGqw/TfXHNZOnM-g/s1600-h/IMG_0631.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 300px; height: 400px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dpKjXOTHI/AAAAAAAAGqw/TfXHNZOnM-g/s400/IMG_0631.JPG" alt="" id="BLOGGER_PHOTO_ID_5451441503967530098" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dodg8l5CI/AAAAAAAAGqo/sZaVZZdAizs/s1600-h/IMG_0628.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 300px; height: 400px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dodg8l5CI/AAAAAAAAGqo/sZaVZZdAizs/s400/IMG_0628.JPG" alt="" id="BLOGGER_PHOTO_ID_5451440730224845858" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6dodDn18QI/AAAAAAAAGqg/VkK3BevJ61Q/s1600-h/IMG_0625.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 300px; height: 400px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6dodDn18QI/AAAAAAAAGqg/VkK3BevJ61Q/s400/IMG_0625.JPG" alt="" id="BLOGGER_PHOTO_ID_5451440722353189122" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6docwEWSbI/AAAAAAAAGqY/fCpuQIaNOjQ/s1600-h/IMG_0624.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6docwEWSbI/AAAAAAAAGqY/fCpuQIaNOjQ/s400/IMG_0624.JPG" alt="" id="BLOGGER_PHOTO_ID_5451440717104040370" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6docV1VwvI/AAAAAAAAGqQ/ulIqCW6DBXo/s1600-h/IMG_0623.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6docV1VwvI/AAAAAAAAGqQ/ulIqCW6DBXo/s400/IMG_0623.JPG" alt="" id="BLOGGER_PHOTO_ID_5451440710061769458" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6docAFzKxI/AAAAAAAAGqI/umPrC19fwqU/s1600-h/IMG_0622.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6docAFzKxI/AAAAAAAAGqI/umPrC19fwqU/s400/IMG_0622.JPG" alt="" id="BLOGGER_PHOTO_ID_5451440704225225490" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dn1GG_SSI/AAAAAAAAGqA/dniV9c85XHg/s1600-h/IMG_0620.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 300px; height: 400px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dn1GG_SSI/AAAAAAAAGqA/dniV9c85XHg/s400/IMG_0620.JPG" alt="" id="BLOGGER_PHOTO_ID_5451440035825928482" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6dn05iW45I/AAAAAAAAGp4/hsYwNCFbckU/s1600-h/IMG_0619.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 300px; height: 400px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6dn05iW45I/AAAAAAAAGp4/hsYwNCFbckU/s400/IMG_0619.JPG" alt="" id="BLOGGER_PHOTO_ID_5451440032451060626" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dn0jJRe3I/AAAAAAAAGpw/_3oJqVllIYA/s1600-h/IMG_0618.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 300px; height: 400px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dn0jJRe3I/AAAAAAAAGpw/_3oJqVllIYA/s400/IMG_0618.JPG" alt="" id="BLOGGER_PHOTO_ID_5451440026440268658" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dn0FIAGyI/AAAAAAAAGpo/FoXvu01LPlM/s1600-h/IMG_0617.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 300px; height: 400px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dn0FIAGyI/AAAAAAAAGpo/FoXvu01LPlM/s400/IMG_0617.JPG" alt="" id="BLOGGER_PHOTO_ID_5451440018381871906" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dnz6nlHAI/AAAAAAAAGpg/1g6DxU-MoTk/s1600-h/IMG_0616.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 300px; height: 400px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dnz6nlHAI/AAAAAAAAGpg/1g6DxU-MoTk/s400/IMG_0616.JPG" alt="" id="BLOGGER_PHOTO_ID_5451440015561530370" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6dnfymL08I/AAAAAAAAGpY/2ewrWGoPCKs/s1600-h/IMG_0615.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 300px; height: 400px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6dnfymL08I/AAAAAAAAGpY/2ewrWGoPCKs/s400/IMG_0615.JPG" alt="" id="BLOGGER_PHOTO_ID_5451439669810811842" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dnfs4FB7I/AAAAAAAAGpQ/xzG5FqCfWaA/s1600-h/IMG_0614.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 300px; height: 400px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dnfs4FB7I/AAAAAAAAGpQ/xzG5FqCfWaA/s400/IMG_0614.JPG" alt="" id="BLOGGER_PHOTO_ID_5451439668275251122" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6dnffNEPZI/AAAAAAAAGpI/q0o_VKMq1wU/s1600-h/IMG_0613.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 300px; height: 400px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6dnffNEPZI/AAAAAAAAGpI/q0o_VKMq1wU/s400/IMG_0613.JPG" alt="" id="BLOGGER_PHOTO_ID_5451439664605183378" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dne_NxfKI/AAAAAAAAGpA/q-A5hZO-yM8/s1600-h/IMG_0612.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dne_NxfKI/AAAAAAAAGpA/q-A5hZO-yM8/s400/IMG_0612.JPG" alt="" id="BLOGGER_PHOTO_ID_5451439656018214050" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dneQb2f3I/AAAAAAAAGo4/4mNSPMawmNo/s1600-h/IMG_0611.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 300px; height: 400px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dneQb2f3I/AAAAAAAAGo4/4mNSPMawmNo/s400/IMG_0611.JPG" alt="" id="BLOGGER_PHOTO_ID_5451439643460796274" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dnOjUq21I/AAAAAAAAGow/Shv79t1S_0Q/s1600-h/IMG_0610.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 300px; height: 400px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dnOjUq21I/AAAAAAAAGow/Shv79t1S_0Q/s400/IMG_0610.JPG" alt="" id="BLOGGER_PHOTO_ID_5451439373653039954" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dnOT5DcvI/AAAAAAAAGoo/5XIHhTMJ2TM/s1600-h/IMG_0609.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dnOT5DcvI/AAAAAAAAGoo/5XIHhTMJ2TM/s400/IMG_0609.JPG" alt="" id="BLOGGER_PHOTO_ID_5451439369510679282" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dnN0RVL2I/AAAAAAAAGog/SXD91WEtuwk/s1600-h/IMG_0608.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dnN0RVL2I/AAAAAAAAGog/SXD91WEtuwk/s400/IMG_0608.JPG" alt="" id="BLOGGER_PHOTO_ID_5451439361022570338" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6dnNsPAO9I/AAAAAAAAGoY/0OvZneW8wBI/s1600-h/IMG_0607.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6dnNsPAO9I/AAAAAAAAGoY/0OvZneW8wBI/s400/IMG_0607.JPG" alt="" id="BLOGGER_PHOTO_ID_5451439358865325010" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dnNMJXmbI/AAAAAAAAGoQ/hSXHOhu1EgI/s1600-h/IMG_0606.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 300px; height: 400px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dnNMJXmbI/AAAAAAAAGoQ/hSXHOhu1EgI/s400/IMG_0606.JPG" alt="" id="BLOGGER_PHOTO_ID_5451439350251755954" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6dm5rwkftI/AAAAAAAAGoI/t9Q7R3goxQE/s1600-h/IMG_0605.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 300px; height: 400px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6dm5rwkftI/AAAAAAAAGoI/t9Q7R3goxQE/s400/IMG_0605.JPG" alt="" id="BLOGGER_PHOTO_ID_5451439015140294354" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dm4w6s_BI/AAAAAAAAGoA/Vs9nQ2Kxih8/s1600-h/IMG_0604.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dm4w6s_BI/AAAAAAAAGoA/Vs9nQ2Kxih8/s400/IMG_0604.JPG" alt="" id="BLOGGER_PHOTO_ID_5451438999345101842" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dm4kGpJ1I/AAAAAAAAGn4/i1NUkuWeYPM/s1600-h/IMG_0603.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dm4kGpJ1I/AAAAAAAAGn4/i1NUkuWeYPM/s400/IMG_0603.JPG" alt="" id="BLOGGER_PHOTO_ID_5451438995905521490" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6dm37fzu3I/AAAAAAAAGnw/HSHzT7BNj_I/s1600-h/IMG_0600.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6dm37fzu3I/AAAAAAAAGnw/HSHzT7BNj_I/s400/IMG_0600.JPG" alt="" id="BLOGGER_PHOTO_ID_5451438985005218674" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6dm3q-ghLI/AAAAAAAAGno/fYfOt9ghstE/s1600-h/IMG_0599.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6dm3q-ghLI/AAAAAAAAGno/fYfOt9ghstE/s400/IMG_0599.JPG" alt="" id="BLOGGER_PHOTO_ID_5451438980570580146" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6dmYCGNPxI/AAAAAAAAGng/rDsoiVLlTwE/s1600-h/IMG_0598.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6dmYCGNPxI/AAAAAAAAGng/rDsoiVLlTwE/s400/IMG_0598.JPG" alt="" id="BLOGGER_PHOTO_ID_5451438437021073170" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6dmXvZzuAI/AAAAAAAAGnY/eN6b1C5U2l0/s1600-h/IMG_0597.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6dmXvZzuAI/AAAAAAAAGnY/eN6b1C5U2l0/s400/IMG_0597.JPG" alt="" id="BLOGGER_PHOTO_ID_5451438432003012610" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dmXQpvpPI/AAAAAAAAGnQ/YgDhAsyytrI/s1600-h/IMG_0596.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dmXQpvpPI/AAAAAAAAGnQ/YgDhAsyytrI/s400/IMG_0596.JPG" alt="" id="BLOGGER_PHOTO_ID_5451438423748355314" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dmWxAV6oI/AAAAAAAAGnI/ODtFNZ-uSlA/s1600-h/IMG_0595.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dmWxAV6oI/AAAAAAAAGnI/ODtFNZ-uSlA/s400/IMG_0595.JPG" alt="" id="BLOGGER_PHOTO_ID_5451438415253203586" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6dmWXyEabI/AAAAAAAAGnA/h0ajpXbmChU/s1600-h/IMG_0594.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6dmWXyEabI/AAAAAAAAGnA/h0ajpXbmChU/s400/IMG_0594.JPG" alt="" id="BLOGGER_PHOTO_ID_5451438408482449842" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dmJW3jaPI/AAAAAAAAGm4/rZ3lx3v5s8w/s1600-h/IMG_0593.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dmJW3jaPI/AAAAAAAAGm4/rZ3lx3v5s8w/s400/IMG_0593.JPG" alt="" id="BLOGGER_PHOTO_ID_5451438184898717938" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6dmJLPu30I/AAAAAAAAGmw/YCdLKq1S03M/s1600-h/IMG_0592.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6dmJLPu30I/AAAAAAAAGmw/YCdLKq1S03M/s400/IMG_0592.JPG" alt="" id="BLOGGER_PHOTO_ID_5451438181778906946" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dmIiiZPlI/AAAAAAAAGmo/xXDrMfGh4hM/s1600-h/IMG_0591.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dmIiiZPlI/AAAAAAAAGmo/xXDrMfGh4hM/s400/IMG_0591.JPG" alt="" id="BLOGGER_PHOTO_ID_5451438170851327570" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dmIajKBeI/AAAAAAAAGmg/9y1etBHpOJg/s1600-h/IMG_0590.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dmIajKBeI/AAAAAAAAGmg/9y1etBHpOJg/s400/IMG_0590.JPG" alt="" id="BLOGGER_PHOTO_ID_5451438168707040738" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dmH3_Fx7I/AAAAAAAAGmY/mkDtQzQLI8I/s1600-h/IMG_0589.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dmH3_Fx7I/AAAAAAAAGmY/mkDtQzQLI8I/s400/IMG_0589.JPG" alt="" id="BLOGGER_PHOTO_ID_5451438159428962226" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dl2lE5pqI/AAAAAAAAGmQ/LKDxztpp4yA/s1600-h/IMG_0588.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6dl2lE5pqI/AAAAAAAAGmQ/LKDxztpp4yA/s400/IMG_0588.JPG" alt="" id="BLOGGER_PHOTO_ID_5451437862295283362" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dl2FsQPdI/AAAAAAAAGmI/xycJQN0MozQ/s1600-h/IMG_0587.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6dl2FsQPdI/AAAAAAAAGmI/xycJQN0MozQ/s400/IMG_0587.JPG" alt="" id="BLOGGER_PHOTO_ID_5451437853870407122" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6dl1tU0TZI/AAAAAAAAGmA/70P-c-e4cX4/s1600-h/IMG_0586.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 300px; height: 400px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6dl1tU0TZI/AAAAAAAAGmA/70P-c-e4cX4/s400/IMG_0586.JPG" alt="" id="BLOGGER_PHOTO_ID_5451437847329656210" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6dl1ZEMTqI/AAAAAAAAGl4/enC7uMT5LYg/s1600-h/IMG_0585.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6dl1ZEMTqI/AAAAAAAAGl4/enC7uMT5LYg/s400/IMG_0585.JPG" alt="" id="BLOGGER_PHOTO_ID_5451437841891217058" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6dl1D8yY8I/AAAAAAAAGlw/A5_8paoWFGk/s1600-h/IMG_0584.JPG"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 300px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6dl1D8yY8I/AAAAAAAAGlw/A5_8paoWFGk/s400/IMG_0584.JPG" alt="" id="BLOGGER_PHOTO_ID_5451437836223013826" border="0" /></a>John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com0tag:blogger.com,1999:blog-6055535128640439225.post-25938962037459066952010-03-19T03:52:00.003-04:002010-03-19T04:09:59.593-04:00TRADE REVIEW: SOMX<span style="font-size:130%;"><span style="font-family: arial;">Yesterday was my best trading day for 2010...all thanks to SOMX. I caught the first spike for a good +$5K and the secondary breakout for another +$13K. SOMX could have been played by anyone that was alert and had the intra-day 1-min chart up. The first spike may have been elusive to 99% of people, but the secondary breakout is no excuse because you had every opportunity to buy the stock on the first spike out of it's base, then it's reach to the spike's high, and beyond.</span><br /><br /><span style="font-family: arial;">SOMX got halted prior to 12PM for reasons of news pending. It was also announced that the stock would re-open at 12:05PM. Normally, one does not have the luxury of being able to be ready for the spike. Like NUVA and my various AIG trades, the first 1-min spike bar held up and sustained itself. This first spike automatically broke above 4.80 (Nov 2009) and 4.88 (March 2010), alerting of a full-scale technical breakout. The secondary breakout was marked by a break from the neutral range as well as another breakout above $8.</span><br /><br /><span style="font-family: arial;">This is another example of a trade where you either caught it or you didn't. There is no in-between. If you were fast and on the right side, congrats. If you were slow and/or on the wrong side, there are lessons to be learned from the SOMX trade. Whenever the first spike holds up and immediately breaks through the nearest major resistance, it is a long trade. If it fails to penetrate major resistance, it will fade, for a short entry. Upon breaking out, it is a signal of further momentum, giving opportunities to scale-out of the position.</span><br /><br /><span style="font-family: arial;">Looking back this year, I noticed that I had at least one intra-day spike play once every 1-2 weeks. I do miss some of them, but you only need one of these plays to make your day, week, or month. After a huge win, it is my standard protocol to take it easy the next day (t0day) and play with only 1/2 size positions and cut down on frequency. People say that you shouldn't trade with emotions, but since we're human, emotions are inevitable. After huge wins and losses, always remember to take a break, refresh, and then get back into the game.</span><br /><br /><span style="font-family: arial;">Some charts with levels marked below. As each target is reached, you have to pull back to a longer time frame to find the next target. It is 4AM and I need some rest. Have a good one folks.</span></span><br /><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6Mw1cIP0WI/AAAAAAAAGlQ/DbXT21Kgih4/s1600-h/SOMXst.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6Mw1cIP0WI/AAAAAAAAGlQ/DbXT21Kgih4/s400/SOMXst.png" alt="" id="BLOGGER_PHOTO_ID_5450253668690415970" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6Mw0fe-qeI/AAAAAAAAGlI/KDcMdDqF8Xg/s1600-h/SOMX2month.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6Mw0fe-qeI/AAAAAAAAGlI/KDcMdDqF8Xg/s400/SOMX2month.png" alt="" id="BLOGGER_PHOTO_ID_5450253652411197922" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6Mw0ALDzmI/AAAAAAAAGlA/60pVTwzpvLY/s1600-h/SOMX5month.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6Mw0ALDzmI/AAAAAAAAGlA/60pVTwzpvLY/s400/SOMX5month.png" alt="" id="BLOGGER_PHOTO_ID_5450253644006149730" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6Mwz-8O0nI/AAAAAAAAGk4/va-zf6TXxnc/s1600-h/SOMX3year.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6Mwz-8O0nI/AAAAAAAAGk4/va-zf6TXxnc/s400/SOMX3year.png" alt="" id="BLOGGER_PHOTO_ID_5450253643675521650" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6MwzN7RXgI/AAAAAAAAGkw/DoBug1Q4CsA/s1600-h/SOMXsinceIPO.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6MwzN7RXgI/AAAAAAAAGkw/DoBug1Q4CsA/s400/SOMXsinceIPO.png" alt="" id="BLOGGER_PHOTO_ID_5450253630518156802" border="0" /></a><span style="font-size:130%;"><br /><span style="font-family: arial;">Earlie screenshots from the day and stuf f;:</span></span><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6MxGvUNGoI/AAAAAAAAGlo/JVq52XcEMvE/s1600-h/SOMX.jpg"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 153px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6MxGvUNGoI/AAAAAAAAGlo/JVq52XcEMvE/s400/SOMX.jpg" alt="" id="BLOGGER_PHOTO_ID_5450253965898619522" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6MxGVWjwaI/AAAAAAAAGlg/euHr7_b3fi8/s1600-h/SOMX180min.jpg"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 352px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6MxGVWjwaI/AAAAAAAAGlg/euHr7_b3fi8/s400/SOMX180min.jpg" alt="" id="BLOGGER_PHOTO_ID_5450253958929170850" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6MxGHRi6mI/AAAAAAAAGlY/70PkNjabqB0/s1600-h/SOMX3month.jpg"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 349px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6MxGHRi6mI/AAAAAAAAGlY/70PkNjabqB0/s400/SOMX3month.jpg" alt="" id="BLOGGER_PHOTO_ID_5450253955150047842" border="0" /></a>John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com0tag:blogger.com,1999:blog-6055535128640439225.post-5691981267017536062010-03-17T02:09:00.004-04:002010-03-17T02:14:31.443-04:00LONGER-TERM: CASINOS<span style="font-size:130%;"><span style="font-family: arial;">I will be deploying casino positions in my long-term accounts. Charts on all timeframes are telling me that a longer-term holding is the best way to capture the majority of the upside. Take a look at the 10-month and 3-year charts of MGM, LVS, and WYNN.</span></span><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6BzJVdCrmI/AAAAAAAAGko/87g7l0BJ-wY/s1600-h/MGM.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S6BzJVdCrmI/AAAAAAAAGko/87g7l0BJ-wY/s400/MGM.png" alt="" id="BLOGGER_PHOTO_ID_5449482153333272162" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6BzA82bueI/AAAAAAAAGkg/P24SDOoR_dk/s1600-h/LVS.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6BzA82bueI/AAAAAAAAGkg/P24SDOoR_dk/s400/LVS.png" alt="" id="BLOGGER_PHOTO_ID_5449482009289931234" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6BzAjU8ISI/AAAAAAAAGkY/VglxtkPU2VE/s1600-h/WYNN.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S6BzAjU8ISI/AAAAAAAAGkY/VglxtkPU2VE/s400/WYNN.png" alt="" id="BLOGGER_PHOTO_ID_5449482002438562082" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6By_r7m3pI/AAAAAAAAGkQ/5RDzanAes2Q/s1600-h/MGM2.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6By_r7m3pI/AAAAAAAAGkQ/5RDzanAes2Q/s400/MGM2.png" alt="" id="BLOGGER_PHOTO_ID_5449481987568361106" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6By_d1IewI/AAAAAAAAGkI/K5FthICpNTY/s1600-h/LVS2.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S6By_d1IewI/AAAAAAAAGkI/K5FthICpNTY/s400/LVS2.png" alt="" id="BLOGGER_PHOTO_ID_5449481983783107330" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6By-lw-kWI/AAAAAAAAGkA/O2UHHEq7TDQ/s1600-h/WYNN2.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S6By-lw-kWI/AAAAAAAAGkA/O2UHHEq7TDQ/s400/WYNN2.png" alt="" id="BLOGGER_PHOTO_ID_5449481968733294946" border="0" /></a>John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com1tag:blogger.com,1999:blog-6055535128640439225.post-26440781422141929542010-03-10T01:20:00.005-05:002010-03-10T01:23:57.086-05:00TRADE REVIEW: AIG<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S5c6sFJi9GI/AAAAAAAAGj4/m617i0HPHVQ/s1600-h/AIG.jpg"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 254px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S5c6sFJi9GI/AAAAAAAAGj4/m617i0HPHVQ/s400/AIG.jpg" alt="" id="BLOGGER_PHOTO_ID_5446886803298776162" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S5c6r2fOjKI/AAAAAAAAGjw/ybPcUit1zmc/s1600-h/AIG120min.jpg"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 287px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S5c6r2fOjKI/AAAAAAAAGjw/ybPcUit1zmc/s400/AIG120min.jpg" alt="" id="BLOGGER_PHOTO_ID_5446886799363181730" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S5c6k5F0maI/AAAAAAAAGjo/JfUexPYId5s/s1600-h/AIG1day.jpg"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 289px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S5c6k5F0maI/AAAAAAAAGjo/JfUexPYId5s/s400/AIG1day.jpg" alt="" id="BLOGGER_PHOTO_ID_5446886679802845602" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S5c6kmfRBoI/AAAAAAAAGjg/Ucfy1XhV2mI/s1600-h/AIG2day.jpg"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 287px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S5c6kmfRBoI/AAAAAAAAGjg/Ucfy1XhV2mI/s400/AIG2day.jpg" alt="" id="BLOGGER_PHOTO_ID_5446886674809292418" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S5c6kcD-LsI/AAAAAAAAGjY/-KRxE4T5_o4/s1600-h/AIG2mon.jpg"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 288px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S5c6kcD-LsI/AAAAAAAAGjY/-KRxE4T5_o4/s400/AIG2mon.jpg" alt="" id="BLOGGER_PHOTO_ID_5446886672010456770" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S5c6kKRdIfI/AAAAAAAAGjQ/ogSvdCIGHvU/s1600-h/AIG3mon.jpg"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 286px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S5c6kKRdIfI/AAAAAAAAGjQ/ogSvdCIGHvU/s400/AIG3mon.jpg" alt="" id="BLOGGER_PHOTO_ID_5446886667235172850" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S5c6j3ihQ4I/AAAAAAAAGjI/cLrAPRoXbMo/s1600-h/AIGdaily.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 239px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S5c6j3ihQ4I/AAAAAAAAGjI/cLrAPRoXbMo/s400/AIGdaily.png" alt="" id="BLOGGER_PHOTO_ID_5446886662206473090" border="0" /></a>John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com0tag:blogger.com,1999:blog-6055535128640439225.post-67133409502460667162010-03-09T06:15:00.005-05:002010-03-09T06:24:19.321-05:00NEGATIVE VOLUME DIVERGENCE<span style="font-size:130%;"><span style="font-family: arial;">When price rises, but volume falls, it is called a negative volume divergence and non-confirmation price action. This is bearish. In addition, we should see large bursts of volume accompany periods of declining volume (these are your optimal trading days). Traders should be cautious from this point on.</span></span><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S5Yu-WuHr9I/AAAAAAAAGiA/wy5S1zCj2eU/s1600-h/SPX.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S5Yu-WuHr9I/AAAAAAAAGiA/wy5S1zCj2eU/s400/SPX.png" alt="" id="BLOGGER_PHOTO_ID_5446592448136982482" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S5Yu95lknyI/AAAAAAAAGh4/aGyU1fmFKpo/s1600-h/SPY.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S5Yu95lknyI/AAAAAAAAGh4/aGyU1fmFKpo/s400/SPY.png" alt="" id="BLOGGER_PHOTO_ID_5446592440316501794" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S5Yu94i3KWI/AAAAAAAAGhw/CpZOI-uVCFI/s1600-h/QQQQ.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S5Yu94i3KWI/AAAAAAAAGhw/CpZOI-uVCFI/s400/QQQQ.png" alt="" id="BLOGGER_PHOTO_ID_5446592440036698466" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S5Yu9bk6s1I/AAAAAAAAGho/PrTCAxdewe8/s1600-h/DIA.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S5Yu9bk6s1I/AAAAAAAAGho/PrTCAxdewe8/s400/DIA.png" alt="" id="BLOGGER_PHOTO_ID_5446592432260690770" border="0" /></a><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S5YvXGgjB2I/AAAAAAAAGjA/FHp-6pRxJaY/s1600-h/XLB.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S5YvXGgjB2I/AAAAAAAAGjA/FHp-6pRxJaY/s400/XLB.png" alt="" id="BLOGGER_PHOTO_ID_5446592873281816418" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S5YvWk7sF_I/AAAAAAAAGi4/zVrs5qe2_i8/s1600-h/XLV.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S5YvWk7sF_I/AAAAAAAAGi4/zVrs5qe2_i8/s400/XLV.png" alt="" id="BLOGGER_PHOTO_ID_5446592864268851186" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S5YvWOvZrCI/AAAAAAAAGiw/qDnfdZ5v7RI/s1600-h/XLP.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S5YvWOvZrCI/AAAAAAAAGiw/qDnfdZ5v7RI/s400/XLP.png" alt="" id="BLOGGER_PHOTO_ID_5446592858311732258" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S5YvOrZQ94I/AAAAAAAAGio/7pGBFid-Y_4/s1600-h/XLK.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S5YvOrZQ94I/AAAAAAAAGio/7pGBFid-Y_4/s400/XLK.png" alt="" id="BLOGGER_PHOTO_ID_5446592728564561794" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S5YvOMhDECI/AAAAAAAAGig/a6qb3_3X9uE/s1600-h/XLI.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S5YvOMhDECI/AAAAAAAAGig/a6qb3_3X9uE/s400/XLI.png" alt="" id="BLOGGER_PHOTO_ID_5446592720275705890" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S5YvN-jfDMI/AAAAAAAAGiY/ryEIkaz9lgw/s1600-h/XLU.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S5YvN-jfDMI/AAAAAAAAGiY/ryEIkaz9lgw/s400/XLU.png" alt="" id="BLOGGER_PHOTO_ID_5446592716527832258" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S5YvNYzTkkI/AAAAAAAAGiQ/CjyaydrzxOc/s1600-h/XLF.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S5YvNYzTkkI/AAAAAAAAGiQ/CjyaydrzxOc/s400/XLF.png" alt="" id="BLOGGER_PHOTO_ID_5446592706393641538" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S5YvM6JYtsI/AAAAAAAAGiI/Oe7GfhiWmzI/s1600-h/XLE.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S5YvM6JYtsI/AAAAAAAAGiI/Oe7GfhiWmzI/s400/XLE.png" alt="" id="BLOGGER_PHOTO_ID_5446592698164754114" border="0" /></a>John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com0tag:blogger.com,1999:blog-6055535128640439225.post-39970784612608115532010-03-07T23:42:00.002-05:002010-03-07T23:50:16.558-05:00REGIONAL BANKS<span style="font-size:130%;"><span style="font-family: arial;">If you want long setups, then regional banks are a great way to go. I encourage you to explore other setups within the industry.</span></span><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S5SAsTawE0I/AAAAAAAAGhg/oci1gDEsovU/s1600-h/BUSE.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S5SAsTawE0I/AAAAAAAAGhg/oci1gDEsovU/s400/BUSE.png" alt="" id="BLOGGER_PHOTO_ID_5446119348012847938" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S5SAr13EudI/AAAAAAAAGhY/SYfGLPuYuEI/s1600-h/COLB.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S5SAr13EudI/AAAAAAAAGhY/SYfGLPuYuEI/s400/COLB.png" alt="" id="BLOGGER_PHOTO_ID_5446119340078578130" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S5SAlX2zvTI/AAAAAAAAGhQ/zk70zeetyJE/s1600-h/TCBI.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S5SAlX2zvTI/AAAAAAAAGhQ/zk70zeetyJE/s400/TCBI.png" alt="" id="BLOGGER_PHOTO_ID_5446119228945186098" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S5SAk_2VhII/AAAAAAAAGhI/SL5Z-7Zi3nE/s1600-h/EWBC.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S5SAk_2VhII/AAAAAAAAGhI/SL5Z-7Zi3nE/s400/EWBC.png" alt="" id="BLOGGER_PHOTO_ID_5446119222500754562" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S5SAkR1cKKI/AAAAAAAAGhA/7t2ikM_zVDE/s1600-h/FITB.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S5SAkR1cKKI/AAAAAAAAGhA/7t2ikM_zVDE/s400/FITB.png" alt="" id="BLOGGER_PHOTO_ID_5446119210148964514" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S5SAj3SQCBI/AAAAAAAAGg4/h-nMyTLgZDM/s1600-h/IBOC.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S5SAj3SQCBI/AAAAAAAAGg4/h-nMyTLgZDM/s400/IBOC.png" alt="" id="BLOGGER_PHOTO_ID_5446119203022047250" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S5SAjodXsEI/AAAAAAAAGgw/Q-AvGmCogAA/s1600-h/HBAN.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S5SAjodXsEI/AAAAAAAAGgw/Q-AvGmCogAA/s400/HBAN.png" alt="" id="BLOGGER_PHOTO_ID_5446119199042154562" border="0" /></a>John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com0tag:blogger.com,1999:blog-6055535128640439225.post-21955947436820414042010-03-04T06:21:00.003-05:002010-03-04T06:31:09.864-05:00DOUBLE DOJI<span style="font-size:130%;"><span style="font-family: arial;">Markets formed double doji the past two days. This is setting up for a major move. There is more leaning towards the downside, so I drew out major support on the SPX and COMP. January resistance is most important for the RUT, also drawn out. The DJIA has support at the 50-day MA (10370). There is one big variable, which is this morning's plethora of reports. In the event that we gap down below intraday support, expect continuation. Schedule from </span><a style="font-family: arial;" href="http://www.briefing.com/">Briefing.com</a><span style="font-family: arial;"> is below.</span></span><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S4-Zu3fj2kI/AAAAAAAAGgQ/4N0RIWrmnAw/s1600-h/briefing.jpg"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 78px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S4-Zu3fj2kI/AAAAAAAAGgQ/4N0RIWrmnAw/s400/briefing.jpg" alt="" id="BLOGGER_PHOTO_ID_5444739504963574338" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S4-Zulg57ZI/AAAAAAAAGgI/Q3YvAEFep9E/s1600-h/SPX.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S4-Zulg57ZI/AAAAAAAAGgI/Q3YvAEFep9E/s400/SPX.png" alt="" id="BLOGGER_PHOTO_ID_5444739500137377170" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S4-ZudcSv5I/AAAAAAAAGgA/gaxE5OTkb5I/s1600-h/COMP.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S4-ZudcSv5I/AAAAAAAAGgA/gaxE5OTkb5I/s400/COMP.png" alt="" id="BLOGGER_PHOTO_ID_5444739497970548626" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S4-ZuJrselI/AAAAAAAAGf4/as6TY5SklYE/s1600-h/DJIA.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S4-ZuJrselI/AAAAAAAAGf4/as6TY5SklYE/s400/DJIA.png" alt="" id="BLOGGER_PHOTO_ID_5444739492666440274" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S4-Ztw3Ej8I/AAAAAAAAGfw/tAo5clMkb_8/s1600-h/RUT.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S4-Ztw3Ej8I/AAAAAAAAGfw/tAo5clMkb_8/s400/RUT.png" alt="" id="BLOGGER_PHOTO_ID_5444739486003269570" border="0" /></a><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S4-Z4tz5_cI/AAAAAAAAGgo/lRymlFGNewc/s1600-h/RUT60min.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S4-Z4tz5_cI/AAAAAAAAGgo/lRymlFGNewc/s400/RUT60min.png" alt="" id="BLOGGER_PHOTO_ID_5444739674163248578" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S4-Z4MuD1lI/AAAAAAAAGgg/6Q3bfrniKYE/s1600-h/COMPintra.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S4-Z4MuD1lI/AAAAAAAAGgg/6Q3bfrniKYE/s400/COMPintra.png" alt="" id="BLOGGER_PHOTO_ID_5444739665280357970" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S4-Z4ATmyBI/AAAAAAAAGgY/AJ60DNeYsq0/s1600-h/SPXintra.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 243px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S4-Z4ATmyBI/AAAAAAAAGgY/AJ60DNeYsq0/s400/SPXintra.png" alt="" id="BLOGGER_PHOTO_ID_5444739661948176402" border="0" /></a>John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com0tag:blogger.com,1999:blog-6055535128640439225.post-52782432031310994382010-03-01T23:42:00.007-05:002010-03-02T00:39:19.027-05:00MARKET THOUGHTS (3/2)<span style="font-size:130%;"><span style="font-family: arial;">Do not go around searching for the next NUVA. You'll be wasting so much time. Instead, try to stay focused on your daily trading plan. I hate it when people ask me "How high do you think XYZ is going to go?" or "How do you find the next lottery winner?" Truth is, they just come on rare occasions and you either catch them, or you don't. Constantly expecting that you'll make a killing is comparable to the guy that goes to his local Wawa to buy a lottery ticket everyday. You may win big, but most likely you won't. I want to remind you to remain focused and aligned with your goals with reasonable expectations.</span><br /><br /><span style="font-family: arial;">As for the market, it is still range bound, regardless of today's move. The SPX and DJIA are trading in rising wedges, both above the 50-day MA and also back within intermediate-term consolidation zones. The RUT looks the best with the highest chance of testing the January highs, followed by the COMP, both of which broke out of bull flags.</span></span><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S4yhJ68PtlI/AAAAAAAAGeQ/LsGCJnO17yw/s1600-h/SPX.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S4yhJ68PtlI/AAAAAAAAGeQ/LsGCJnO17yw/s400/SPX.png" alt="" id="BLOGGER_PHOTO_ID_5443903241396926034" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S4yhJh_raSI/AAAAAAAAGeI/ZL9z9QVjzyk/s1600-h/DJI.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S4yhJh_raSI/AAAAAAAAGeI/ZL9z9QVjzyk/s400/DJI.png" alt="" id="BLOGGER_PHOTO_ID_5443903234700437794" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S4yhJdoyq4I/AAAAAAAAGeA/aM_IMkQabuw/s1600-h/RUT.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S4yhJdoyq4I/AAAAAAAAGeA/aM_IMkQabuw/s400/RUT.png" alt="" id="BLOGGER_PHOTO_ID_5443903233530702722" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S4yhJCYrIrI/AAAAAAAAGd4/nvI5hDcGQAE/s1600-h/COMP.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S4yhJCYrIrI/AAAAAAAAGd4/nvI5hDcGQAE/s400/COMP.png" alt="" id="BLOGGER_PHOTO_ID_5443903226215342770" border="0" /></a><br /><br /><span style="font-size:130%;"><span style="font-family: arial;">Most of the sectors are trading in consolidations.</span><br /><br /><span style="font-family: arial;">Channels/wedges - XLV, XLK, XLF</span><br /><span style="font-family: arial;">Triangles - XLB, XLI, XLU, XLE</span><br /><br /><span style="font-family: arial;">The best one that is holding daily highs and flagging is the XLP (staples). The number of consolidations indicate that there is a much, much greater move coming soon. Personally, I'd pay attention to the symmetrical triangles with near apex completions.</span></span><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S4yj_8ExT7I/AAAAAAAAGfQ/cogHCOmRfiI/s1600-h/XLB.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S4yj_8ExT7I/AAAAAAAAGfQ/cogHCOmRfiI/s400/XLB.png" alt="" id="BLOGGER_PHOTO_ID_5443906368437309362" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S4yj_QjKerI/AAAAAAAAGfI/iCs2MCPb9Tg/s1600-h/XLV.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S4yj_QjKerI/AAAAAAAAGfI/iCs2MCPb9Tg/s400/XLV.png" alt="" id="BLOGGER_PHOTO_ID_5443906356753627826" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S4yj_NPCpgI/AAAAAAAAGfA/r_QCEtpdXls/s1600-h/XLK.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S4yj_NPCpgI/AAAAAAAAGfA/r_QCEtpdXls/s400/XLK.png" alt="" id="BLOGGER_PHOTO_ID_5443906355863922178" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S4yj4oCoTpI/AAAAAAAAGe4/wVb12JsKRd0/s1600-h/XLP.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S4yj4oCoTpI/AAAAAAAAGe4/wVb12JsKRd0/s400/XLP.png" alt="" id="BLOGGER_PHOTO_ID_5443906242800537234" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S4yj4eAfu3I/AAAAAAAAGew/D_kJVcM3cMg/s1600-h/XLI.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S4yj4eAfu3I/AAAAAAAAGew/D_kJVcM3cMg/s400/XLI.png" alt="" id="BLOGGER_PHOTO_ID_5443906240107232114" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S4yj4HDAbxI/AAAAAAAAGeo/xoE6BV5Elgw/s1600-h/XLU.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S4yj4HDAbxI/AAAAAAAAGeo/xoE6BV5Elgw/s400/XLU.png" alt="" id="BLOGGER_PHOTO_ID_5443906233943748370" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S4yj3k-BaNI/AAAAAAAAGeg/NcBUK24OsCc/s1600-h/XLF.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S4yj3k-BaNI/AAAAAAAAGeg/NcBUK24OsCc/s400/XLF.png" alt="" id="BLOGGER_PHOTO_ID_5443906224796035282" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S4yj3YVLZqI/AAAAAAAAGeY/TdzuHp6eJOM/s1600-h/XLE.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S4yj3YVLZqI/AAAAAAAAGeY/TdzuHp6eJOM/s400/XLE.png" alt="" id="BLOGGER_PHOTO_ID_5443906221403498146" border="0" /></a><br /><span style="font-size:130%;"><br /><span style="font-family: arial;">It is March, and I'm ready to buy some gold (IT/LT) on a successful break of the channel. There are multiple consolidation patterns, tight MA ranges, and a neutral range to consider - all of them indicating that a consolidation breaking move should be coming soon.</span></span><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S4ykMSQv6KI/AAAAAAAAGfY/7scj-TGmvNU/s1600-h/GLD.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S4ykMSQv6KI/AAAAAAAAGfY/7scj-TGmvNU/s400/GLD.png" alt="" id="BLOGGER_PHOTO_ID_5443906580551559330" border="0" /></a><br /><br /><span style="font-size:130%;"><span style="font-family: arial;">I always found Doug's work very interesting over at </span><a style="font-family: arial;" href="http://dshort.com/">dshort.com</a><span style="font-family: arial;">, especially the "Road to Recovery?" diagram. I believe we will mimic the S&P 500 Oil Crash Recovery and the S&P 500 Tech Crash Recovery. Repeating the 1929 crash is unlikely.</span></span><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_NOVV_qpBVl4/S4ykMn4rBOI/AAAAAAAAGfo/_51Z7E7KNqg/s1600-h/badbears.jpg"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 288px;" src="http://4.bp.blogspot.com/_NOVV_qpBVl4/S4ykMn4rBOI/AAAAAAAAGfo/_51Z7E7KNqg/s400/badbears.jpg" alt="" id="BLOGGER_PHOTO_ID_5443906586356155618" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S4ykMf3DpgI/AAAAAAAAGfg/W8RUNyOhsmM/s1600-h/fromlows.jpg"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 290px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S4ykMf3DpgI/AAAAAAAAGfg/W8RUNyOhsmM/s400/fromlows.jpg" alt="" id="BLOGGER_PHOTO_ID_5443906584201897474" border="0" /></a><br /><br /><span style="font-size:130%;"><span style="font-family: arial;">I am neutral on the general market on all time-frames and continually stress selection of individual equities as the main way to go.</span></span>John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com0tag:blogger.com,1999:blog-6055535128640439225.post-66438962006912070002010-02-26T14:32:00.003-05:002010-02-26T14:36:36.548-05:00EPIC TRADE OF 2010 (so far) = NUVA<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S4givUkfnsI/AAAAAAAAGdw/Mbn3YXmcTno/s1600-h/trade.jpg"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 33px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S4givUkfnsI/AAAAAAAAGdw/Mbn3YXmcTno/s400/trade.jpg" alt="" id="BLOGGER_PHOTO_ID_5442638346048216770" border="0" /></a><br /><span style="font-size:130%;"><span style="font-family:arial;"><br />Order: 13:25:57 (2 sec fill)</span><br /></span><p style="font-family:arial;"><span style="font-size:130%;">Entry 13:25:59 $31.2699</span></p><p style="font-family:arial;"><span style="font-size:130%;">Scale Outs:</span></p><p style="font-family:arial;"><span style="font-size:130%;">1/2: $36.92<br /></span></p><p style="font-family:arial;"><span style="font-size:130%;">1/4: $41.89<br /></span></p><p style="font-family:arial;"><span style="font-size:130%;">1/4: $41.18</span></p><p style="font-family:arial;"><span style="font-size:130%;">Suffice to say, I am done for the day. This is a news driven power spike that I was fortunate to catch. I don't regret getting "only" 1,000 shares because I stick to my rules on position sizing specifically for intra-day spikes. </span></p><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S4gh4Xr3yhI/AAAAAAAAGdo/uEMvbuiwcrA/s1600-h/nuva1min.jpg"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 339px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S4gh4Xr3yhI/AAAAAAAAGdo/uEMvbuiwcrA/s400/nuva1min.jpg" alt="" id="BLOGGER_PHOTO_ID_5442637401991662098" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_NOVV_qpBVl4/S4gh4G4UeWI/AAAAAAAAGdg/AHbTTdNZX2Y/s1600-h/nuva5min.jpg"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 339px;" src="http://3.bp.blogspot.com/_NOVV_qpBVl4/S4gh4G4UeWI/AAAAAAAAGdg/AHbTTdNZX2Y/s400/nuva5min.jpg" alt="" id="BLOGGER_PHOTO_ID_5442637397480470882" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S4gh33kwOtI/AAAAAAAAGdY/L8jZ7W1zsG8/s1600-h/NUVA.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S4gh33kwOtI/AAAAAAAAGdY/L8jZ7W1zsG8/s400/NUVA.png" alt="" id="BLOGGER_PHOTO_ID_5442637393371871954" border="0" /></a><p><br /></p><p style="font-family:arial;"><span style="font-size:130%;">1st Target: $31.68 (high of day prior to spike)</span></p><p style="font-family:arial;"><span style="font-size:130%;">2nd Target: $33.63 (100-day MA, kept spiking higher)</span></p><p style="font-family:arial;"><span style="font-size:130%;">3rd Target: $37.08 (200-day MA, I always cut here)</span></p><p style="font-family:arial;"><span style="font-size:130%;">4th Target: $40.54 (November highs - sell everything at this point)</span></p><p style="font-family:arial;"><span style="font-size:130%;">...<br /></span></p><span style=";font-family:arial;font-size:130%;" >Charts are for "Idiots"? Think again.</span>John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com2tag:blogger.com,1999:blog-6055535128640439225.post-78302837743707569042010-02-25T05:02:00.004-05:002010-02-25T05:12:05.025-05:00BREAKOUT SETUPS<span style="font-size:130%;"><span style="font-family: arial;">I like to scan the 52-week highs list regularly to see if there are some sweet swing setups. I did find a few that 1) broke and closed at or above resistance, 2) all made 52-week highs. It is an obvious sign of strength when stocks are breaking out to new 52-week highs while the market remains in a neutral range. In addition, follow up checks on a stock's sector group is encouraged as you may find those stocks mimicking the same patterns. </span><br /><br /><span style="font-family: arial;">First chart is a 3-mo of the SPX. It is still caught between the 50/100-day MAs.</span></span><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S4ZMPgfi7pI/AAAAAAAAGcg/ALBuIO85VBk/s1600-h/SPX.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S4ZMPgfi7pI/AAAAAAAAGcg/ALBuIO85VBk/s400/SPX.png" alt="" id="BLOGGER_PHOTO_ID_5442121029027819154" border="0" /></a><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S4ZMQM6ZPiI/AAAAAAAAGco/nrtSW5pT-EQ/s1600-h/PMTC.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S4ZMQM6ZPiI/AAAAAAAAGco/nrtSW5pT-EQ/s400/PMTC.png" alt="" id="BLOGGER_PHOTO_ID_5442121040951590434" border="0" /></a><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S4ZMbk9PxrI/AAAAAAAAGdQ/sXdpTxPd60E/s1600-h/TCO.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S4ZMbk9PxrI/AAAAAAAAGdQ/sXdpTxPd60E/s400/TCO.png" alt="" id="BLOGGER_PHOTO_ID_5442121236384564914" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S4ZMbXbwiiI/AAAAAAAAGdI/QWtjTjYca6s/s1600-h/TJX.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S4ZMbXbwiiI/AAAAAAAAGdI/QWtjTjYca6s/s400/TJX.png" alt="" id="BLOGGER_PHOTO_ID_5442121232754444834" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_NOVV_qpBVl4/S4ZMbFfQ2JI/AAAAAAAAGdA/OP4Nbl4plT4/s1600-h/BIG.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://1.bp.blogspot.com/_NOVV_qpBVl4/S4ZMbFfQ2JI/AAAAAAAAGdA/OP4Nbl4plT4/s400/BIG.png" alt="" id="BLOGGER_PHOTO_ID_5442121227937306770" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S4ZMaQAQt6I/AAAAAAAAGc4/meyt5wdy5YU/s1600-h/ASH.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S4ZMaQAQt6I/AAAAAAAAGc4/meyt5wdy5YU/s400/ASH.png" alt="" id="BLOGGER_PHOTO_ID_5442121213580195746" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_NOVV_qpBVl4/S4ZMaIkB8mI/AAAAAAAAGcw/DAv2UvOldP0/s1600-h/AAWW.png"><img style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 327px;" src="http://2.bp.blogspot.com/_NOVV_qpBVl4/S4ZMaIkB8mI/AAAAAAAAGcw/DAv2UvOldP0/s400/AAWW.png" alt="" id="BLOGGER_PHOTO_ID_5442121211582739042" border="0" /></a>John C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.com2