yawn

Only 7 of my stocks are keeping up with QQQQ, in terms of relative volume. If I wanted to watch 7 symbols, I’d trade futures ;-) Though the nasdaq saw some morning selling action, it’s back basically flat now. The dow is sort-of going up, with its TRIN starting to drift down in concert with it. But, the bottom line is, I did not get enough sleep last night, and this is not enough action to keep me awake. I’m too conservative to place bets on the FED aftermath. So, it looks like I’m taking the day off. Not a very exciting way to end the month, but it was a pretty good month for me regardless.

I do like QuoteTracker, I think. I am already addicted to trendline alerts (scottrade only has price alerts), so I can get notified when a stock breaks a trendline. Trendline alerts helped me find one of my scalps yesterday. Very nice.

I am also seeing that the registered version has an API, that would allow me to program it similar to the way that TWS allows. So, finally, I have free access to a program that can get me streaming real-time quotes. WITHOUT changing brokers. And I could have had it all along, if I had known! This means, hopefully in the next couple months, I will be looking at charts of my own custom indicators, and working on ways that I can auto-detect patterns like the box play, etc. I think at this point, the main thing holding my profits back is my ability to find the plays I want to take in time.

I read a short book about the TRIN last night, written by the creator of the TRIN. So, that should be pretty definitive. :-) I didn’t know how people were going about applying the TRIN to multi-day timeframes–I thought it was mainly for us daytraders. So, that was interesting. Most of the intra-day stuff was material I already knew. Still, it was a fast read, and I enjoyed it. I have a couple more things to say about the TRIN, but not until I am more rested. Maybe this weekend I will write something up.

I’ve also started reading another one of the Bulkowski books on chart patterns, and I’m finding it very entertaining so far.