Friday, February 23, 2007

Bought TTI

I bought TTI, an oil equipment firm that is going to report earnings next Wednesday. I doubt I will hold it through earnings even though I believe it will be reporting good values and give good guidance. We'll see and I'll let you know.

The rest of the market is in chop mode and I believe I will take another day off - or at least until this afternoon. Just don't feel like chasing today.


Bullish Jim said...

Hey Marlyn-

I'm trying to add another weapon to my arsenal. I think I identified a nice "gap, return to 4, and bounce" in RRGB from 10:15 to 10:30. Would you mind taking a look at it?

Marlyn Trades said...

Yes - precisely what it is - I like this play because it is more dynamic than the trader x model.

You will find this on every time frame from minutes to months. Extremely robust

Bullish Jim said...

Wonderful. Thanks for the feedback!


Great move