Professor’s Comments November 12, 2013 Update

Posted by OMS  at November 12th, 2013

I’m having a really nice day with two of the stocks I talked about this morning.

MPC popped 1.5 points after the open, and BIDU is down over 2 points from where I started shorting it at 10:45 this morning on the 5s.

The reason I’m pointing this out to you today is because I will be doing even more of this type of scalping in the weeks ahead.

Again, IF you’re not sure about what I’m doing, please review the Comments I made this morning.

It’s what we do when the market is in a consolidation mode.  And it’s a pretty easy way to get paid :>)

TWID,

h

Not sure of the terminology we use? Check out these articles

The Hockey Stick Pattern
The Creation of Waves and Trends
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