Leigh Drogen
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Website: http://leighdrogen.com
Momentum Watchlist Review: Throw Those Darts
Posted by Leigh Drogen on October 11th, 2010 at 1:48 am, Comments: 0
While walking on the lower east side this evening with my girlfriend, I proceeded to slam the big toe of my right foot into a tree box on the sidewalk (I swear it came out of nowhere). After making quite a scene of her pouring hydrogen peroxide all over my foot in a local Rite
How I Use RSI
Posted by Leigh Drogen on October 9th, 2010 at 11:35 am, Comments: 0
I felt it was pertinent to do a few posts talking about some of the indicators and oscillators I use in my trading strategy. Instead of going into a full blown thesis on the use of oscillators and momentum indicators, we’re going to keep it actionable here and dispense with the philisophical argument over why
Chart.ly TV 9/27/10
Posted by Leigh Drogen on September 28th, 2010 at 8:20 am, Comments: 0
Last night I sat down to speak with John Benedict of J2 Capital Management and Derek Hernquist of Integrative Capital to discuss their firms, their strategies, and how they view momentum. I want to tie this show back in to the “Would You Do Brain Surgery” post from this weekend. We spoke at length about
Momentum Watchlist Review
Posted by Leigh Drogen on September 27th, 2010 at 12:12 am, Comments: 0
The market has had a significant run, and many of the leading names are too extended to buy here, but there are still stocks showing good setups. I believe we will see rotation this week instead of a significant pullback. Look for tech to rest a bit and materials to lead as the dollar is
Don’t Complicate JASO
Posted by Leigh Drogen on September 21st, 2010 at 8:17 am, Comments: 0
For those of us who use a tactical approach to markets, it’s extremely important that our entries to positions are done so with a great risk/reward setup. Part of that is understanding where the major market averages are in terms of uptrend/downtrend, or overbought/oversold. Loading up on momentum names as the market is trending below
SPX Gives Trend Buy Signal
Posted by Leigh Drogen on September 17th, 2010 at 11:41 am, Comments: 0
The $SPX gave a trend buy signal this morning when it broke through and made a new 55 day high. This is the first buy signal since March 11 which was closed with a sell (but not a short) signal on May 4th. See the chart below, the 55 day Donchian Channel is in blue,
Long/Short and Uncorrelated
Posted by Leigh Drogen on August 26th, 2010 at 8:10 pm, Comments: 0
This market is a god damn mine field, you better be wearing one of those bomb squad suits and have the agility of a ballerina if you wish to play. But, for those willing, there are some decent opportunities on both sides here. Over the past few day…
Two Retail Shorts
Posted by Leigh Drogen on August 22nd, 2010 at 5:34 pm, Comments: 0
On Technical Analysis
Posted by Leigh Drogen on June 10th, 2010 at 12:50 am, Comments: 0
I meet a lot of interesting characters these days. Sometimes it’s Hungry Web Entrepreneur, other times Loud Money Manager. I cross paths with Social Media Douchebag quite a bit, and of course being a young man living in New York City, I me…