Hit & Run Candlesticks
Trading For Profit
Simple & Mechanical Trading
6-25-2008
Trade For Profit
Rick Saddler
I am living the dream! 5 years ago my dream was to quit my day job and trade for a living. I felt I was ready, and very close
to replacing my income from my current job. This didn't happen overnight, I've been trading for over 15 years.
My Personal Journey 
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Stock Picks that make you money
 6-24 Picks
ROYL, TGC, FPP, URRE did well

______________________

Hit and Run Candlestick Members, tomorrows stock picks will be in a separate email.

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We Trade For Profit
It's All About The Profits

Don W: flat..all out URRE took 3.71

Rick S. Closed ½ ROYL

Rick P: PDO up 20%

Michael P: Just sold half of URRE for 17% profit

Rick S. Out URRE  +12%




 Great Job, See you in the Trading Room
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Today / Tomorrow in the S&P-500
 
Down
Tuesday in the S&P-500 closing the lowest sense the T-Line breach of the 34ema 15 days ago. Price keeps moving down leading the T-Line and the 34ema. The 60 min chart gleamed when it breached the 13ema but that was short lived as we closed below the 60min 13ema.

6-25-2008
One again there is no justification to be to long in this market until we see a Bullish reversal signal and we start taking out the 60min markers (13 & 34ema's 60min chart).
Wednesday should be interesting with the FOMC meeting, good or bad news it will give the market something to look at.




Good Trading & and always Trade For Profit
Rick
sp 6-25