Thinkorswim issues – 2nd day

This is the second day that Thinkorswim (TOS) is having issues.

Took more than 5minutes before my charts starts responding.

Imagine 2 days in a row, and I can’t see my charts, price quotes and open positions.

How is anyone going to trade this way?

Is this due to an upgrade in the software? Or is this part of the changes since TD Ameritrade acquires it/

Either way, it is not good for traders. I will change that to include investors as well.

Cos’ even if one invests with long term in mind, you will still not be able to see your positions.

If they can’t fix this soon enough, they are going to lose a lot of credibility.

Research In Motion (RIMM) : Still holding my short…

I am still holding my short on RIMM but is tempted to close my position soon.

So far, RIMM has been breaking down from around $48 to about $44 now.

RSI is fast approaching 20 and may be a good time to take some profits off the table.

/ES Review as of August 31, 2010 (Pre-market)

This is a pre-market review of /ES

At this moment, /ES is showing a possible gap down from yesterday’s close on the Daily Chart.

Support is key at 1042. If it breaks this level, we have a confirmation for a bearish play with a target at around 1011.

You can see on the chart Chikou Span is sitting right on the previous Support level formed last Friday.