Hit & Run Candlesticks
Trading For Profit
Simple & Mechanical Trading
For 7-17-2008
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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Stocks from yesterdays picks
that made you money today.

ABK, MBI, UCHB, FBC,TRLG, SUF, CTB, PPC, ABAT, OPTV, FOE


______________________

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Rick
Rick By Request
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In late July

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Powergirl : EXPE i bought yest




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Today / Tomorrow in the S&P-500
 
Wednesday 7-16-2008 It was a breath of fresh air to see a close over the T-Line and with a BULLISH ENGULF to boot. And the 60min chart closed over the 34ema.

7-17 - T
hursday
The BULLISH ENGULF and the close over the T-Line gives us the possibility of a positive day
on Thursday, we still need to see follow-through with a close over the T-Line and a Swing Low buy signal. That would give us some momentum to carry us the next few days to about 1280.



7-17 Upside target is 1257-1260 and down side target is 1235




Good Trading & and always Trade For Profit
See you all in the Trading Room
Rick

sp 7-17