Friday, June 1, 2007

unreal

It's unreal how many times my stops act as a magnet price.

unreal

Ir's unreal how many times my stops act as a magnet price.

Strength

Still a lot of strength here.

AAPL

If Apple trades below 119.30 again set buy to cover stop order @ 119.90.

Set buy to cover orders ( profit) at lower than 118.50 levels

Or just take profits when your happy with the trade.

Market

The bulls hit the opening dip with a ferver, lets see what happens. Don't let anything get too far away unless you plan to scale in.

Thursday, May 31, 2007

Review

AAPL, Short, I'll cover this one on most any move over 122.75, the key word is "most" it really depends on how it moves, on its way to 122.75 .

AMZN, Short, don't let this one get too far away on the upside, I'm looking to cover around 67.00

MPEL, good to go higher

PDS, nearly hit my stop today. I may add to this one depending on how it acts going forward.

TRMP, stuck in a holding pattern, its waiting for more news.

AAPL

Apple showing positive momentum, uh oh.

Playing

Playing most of my trades with small positions here, yes shorting is dangerous in this environment. Don't let anything create too much pain for your account.

AAPL

High risk trade short AAPL above $121.00, maybe good for 2 to 4 dollars.

overdue

We are overdue for a big correction, tighten all stops

WHEW!

Whew!

PALM

stop @ 16.20

Wednesday, May 30, 2007

review

PALM is not receiving very positive comments from any articles I have read about there new FOLIO, I'm going to continue to hold but once again will not let this stock get away from me on the downside.

PDS, continue to hold.
AMZN, short, continue to hold
MPEL, continue to hold
TRMP, continue to hold

PALM

PALM @16.40 , I will hold this one for a few days at least.

PDS

Just bought some Precision drilling PDS, It may be reversing off its trendline here, I won't give this one too much downside before exiting. Fairly tight stop.


Who's kiddin who, there is still a heavy bear presence in PDS and a high volume move above 25.90 is a safer play.

X

Short X, looking for a dollar or two. Breakeven stop.


update, they got me on that thin upward pointing tail. Trade over -3 cents

Tuesday, May 29, 2007

Market

I believe from this point forward the markets volatility should start to grow, at least for the short term.

NYX

NYX is pointing lower, if your in 82.50 should be a hard stop, if the market turns higher this is a buy level.

AMZN

If you short Amazon here don't let it get away from you on the upside. It may test 67.

X

If us steel can make it to roughly 110.2 i may start a short position .

TRMP, still holding.
MPEL may be reversing here.