guess i couldda held these XOM calls another day ,...

2009-07-14T12:40:03.980-07:00

guess i couldda held these XOM calls another day , eh?

XOMGM
1.40 +0.27 (+23.89%)

Morning Doji Star The black candlestick confirms ...

2009-07-13T14:36:37.452-07:00

Morning Doji Star

The black candlestick confirms that the decline remains in force and selling dominates. When the second candlestick gaps down, it provides further evidence of selling pressure. However, the decline ceases or slows significantly after the gap and a small candlestick forms. The small candlestick indicates indecision and a possible reversal of trend. If the small candlestick is a doji, the chances of a reversal increase. The third long white candlestick provides bullish confirmation of the reversal.

Bullish Abandoned Baby

The main difference between the morning doji star and the bullish abandoned baby are the gaps on either side of the doji. The first gap down signals that selling pressure remains strong. However, selling pressure eases and the security closes at or near the open, creating a doji. Following the doji, the gap up and long white candlestick indicate strong buying pressure and the reversal is complete. Further bullish confirmation is not required.

the short-ish list: DZZ 21.77 -0.31 (-1.40%)*down...

2009-07-13T14:21:46.746-07:00

the short-ish list:

DZZ 21.77 -0.31 (-1.40%)*down
KGC 18.21 +0.43 (+2.42%)*up
JEC 38.02 +0.74 (+1.98%)*up

probably could/should have closed these out today as KGC & JEC were down 2.5% each, but they kept me warm during the morning selloff.

hedge on!

Comments on BuyOnTheDip.com ~ Trading Stocks and Options!: Push Sisyphus, PUSH!! ~ Exxon Mobil Corporation (P...

guess i couldda held these XOM calls another day ,...

Morning Doji Star The black candlestick confirms ...

the short-ish list: DZZ 21.77 -0.31 (-1.40%)*down...