Friday, December 21, 2007

Merry Christmas

I had a difficult week my timing was off, however no damage to the account LRCX (-1.40) was my big loser, Today I shorted some RIMM but changed my trigger after my initial settings and stopped out for a dime + (hehehe) the trade would have worked without the last minute fine tuning, , hesitated on the CELG bounce so I didnt buy, and then went and did some final Christmas shopping. Got stopped out of CY breakeven a couple days ago, Caught some of the ORCL move afterhours a couple days ago, caught a tiny move in FLML today, still holding EMC, WU, CRDC, DISH. The action was strong and most of it should hold through the morning of the 26th, I will re-evaluate at that time. Merry Christmas.

WU

Huge volume to start the day in WU.

watch

Watch GENZ,
SGP recieved an upgrade

Early

I'm in the camp that believes we will see a rally of some size today. However it looks to me like its the same old momentum favorites taking the early lead premarket.

WU
EMC
long with stops


Watching, T, KNDL it may be late, CELG, SGR among others

Thursday, December 20, 2007

Mixed trading

Thinning volume on the major indicies will make for sharp moves on select stocks. Looks like we will see a positive move after the open but will it hold. Most likely another mixed day. Keep your stops on and Good Luck

Wednesday, December 19, 2007

Who knows for sure

The market as of late has been giving very quick time frames to take very small profits, more sellers then buyers. Well let's see what happens here

Whoa

Good Luck, too skitzie to trade.

LRCX

That LRCX trade , WHAT A DISASTER, it went through the 43.43 level like a knife through butter. all out.

Stock review

LRCX doesn't look very good for a bounce
CY should have taken my dollar out of it.
WU showing something
CRDC biding time

MIXED

I think today will be mixed.

Tuesday, December 18, 2007

Some moves

Added a small slice of CRDC @8.90
Added some WU @ 22.58
Started a position in CY, no technical evaluation was used just bought it @ 34.69

Da Bulls

The bulls seem uninterested here this morning let's see how the Bears capitalize on that.

early review

GS up only 2.50 in premarket off the good numbers, BBY up slightly off good numbers premarket.

I would say just continue to stay out of the market until conditions improve. Daytrades only.

Monday, December 17, 2007

Review

What a miserable day. Yes I had ISRG short off the 319 level but covered it rather then lose money. Need I say more, NO but I will, held LRCX and when I returned it was still going down. Held WU from Friday., and added yet another tiny piece of CRDC @ 9.22. It looks as though the market may continue lower. Oh yeah lost 60% of my DISH today. Good Luck.

Bounce?

We are set up for a bounce here but the likelihood it will go very far are slim.

High risk

High risk trade LRCX @ 44.80

It's best to stand aside here very skittish market.