Trade setups that produce $1 to $6 moves. Investment ideas and general market trends. Remember the "Market" doesn't care what Santa thinks of you.
Friday, June 1, 2007
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.
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.
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.
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.
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
PDS, continue to hold.
AMZN, short, continue to hold
MPEL, continue to hold
TRMP, continue to hold
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.
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
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.
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.
TRMP, still holding.
MPEL may be reversing here.
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