Tuesday, April 07, 2009

Picking up dimes

Yesterday's chop/chop action was a bit frustrating, but if you followed the VIX/price reversals there were a few dimes and a quarter to be made along the way. These are 1 minute bars shown.
The late day surge that kicked off at 14:45 (not shown) carried through for a nice pop to the PP pivot. . .a bit surprising in lieu of the kickoff of earnings tomorrow, but welcome just the same.
RIMM was the star of the day, while JAVA took in the shorts as talks with IBM fizzled.
Remember the bucket list!!!!
Finally, with earnings season upon us, here's a link to Zack's earnings calendar and surprises. Also check out their Surprise Trader.

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