just spinning

Ameritrade server must be down this morning.................uh oh.

stopped

Stopped out of CLNE.


ISRG looks to be a short on any bounce.

stop

Setting a trigger on CLNE.

Tricky

Woo-hoo this market is throwing some rough trading out there right now. Generally when everything turns to *^%# it's time to take a break. I'm seeing things in the charts that you just don't run across very often, i mean rarely do you see things turn around in the charts so strongly so quickly. I could reach a conclusion that we are about to see a big move in the market. However the big reflation trade that ended in march 09 had characteristics that made getting long difficult and getting short painful. I will continue to keep position size down.

CLNE

Holding CLNE only right now. Looking for some shortside plays today and tomorrow.

ADBE

Yikes......... ADBE getting absolutely slammed after releasing poor guidance in the earnings call.

Never hold through earnings even when all looks fair.

choppy with a chance of losses

This is a daytraders market.

short RIMM

shorted a small piece of RIMM this may turn out to be a longer term trade.

longer ADBE

added a bit more ADBE

covered

covered the SPY short as well as the AMZN short, just trying to preserve my account before losses turned serious.

in and out

In CLNE

out of AMZN

just looking so far today

Watching CLNE for an entry let me see whrere it is later in the day if it gives me an entry around 14.50 i'll take it, SYMC has not pulled back to the 14.60 level as I had anticipated. could add to ADBE however it shows no bullish interest yet today.

Waiting for better long setups

Choppy market here today. I've got a couple shorts and one long. IF the market starts to sell off i expect it too be shallow, and only last a couple of days.

MOS is ramping today. SQM still strong.

Which way CLNE?

CLNE is on the radar wait for it's direction to reveal itself and proceed accordingly.

SYMC

sold my SYMC @ 14.98, however i will re-enter on weakness.

long ADBE

Missed my op in ADBE back at 28.00 so anyways in on a small piece @ 32.59

short

short AMZN and SPY

hmmm

Wow there is some type of party going on on Wall Street this morning.

long MRVL

MRVL wouldn't come down to my order @ 15.80 today so I bought it @ 16.01

MRVL

MRVL at around 15.80 looks interesting.

Index bounce possible

Deciding what might bounce well here isn't an easy task, I think i'll check in on the DIA, SPY, DDM and such

stopped

What a pathetic move buying X was, stopped out for good.

HP

the driller is starting to look promising around these levels 37.50

out of amazon

Covered AMZN @ 123.54


I don't know if it's finished moving lower but I'm out for now.

zzzzzzzzzzz

Yeah it's boring out on Planet Stock Market today, maybe a small reflexive bounce on Monday or Tuesday.

SYMC

I've been hearing a lot about SYMC being to big to be acquired, that may be true but not why i bought it today. 1) the stock was already setting up for a move, 2) this is the type of event that will get some short covering, 3) it's good news for the entire sector over the longer time, 4) and this isn't an investment for life it's a trade, however once again this is POSITIVE news for the sector

X

Kicking myself pretty hard right now for putting a longer term hold in my trading account should have taken my little profits near the open in US Steel.

long SYMC

Caught a position in SYMC @ 13.10 anywhere between 12.90 and 13 .10 looks interesting.

SYMC

SYMC is gapping up this morning.

X long

Let me apologize in advance, I bought some X US Steel on the buyout rumor. The story was just too enticing for me to ignore, it most likely is a function of the Potash story yesterday that moved the entire sector.

Bought a small position in CRDC not exactly an investment but I'll set a stop around breakeven over the next few days.


More on my Amazon short later.

CREE bouncing

CREE is in the middle of a very constructive bounce, however the market is very bearish.

NFLX covered

Covered NFLX 128.99..................................+6.98

short NFLX

Short a small piece on NFLX @ 135.95 basing this trade on intraday pattern,,,,looking for a small selloff in the name

Bounce or more

Although we are bouncing I just can't seem to want to participate on the long side with charts blasting primarily bearish patterns if this is the big turn I will miss out on the early gains.

Might want to cover

AMZN time to cover, to avoid larger losses. I think the rally will fail at slightly higher levels but to play it safe.

BIDU

BIDU still looks like it may start to weaken, I'm keeping an eye on this one.

No clear direction

Stocks are really moving independently today trade at your own risk, if you must.

AMZN

added to my AMZN short 126.99. ............. ave cost 126.39

NTRS

Looks like a Rinse and run, NTRS, I may jump in, waiting just a bit longer.

Nat Gas

Nat gas appears to be at some risk to a downside shock.

CREE

CREE broke through it's support may have some more downside.

ADBE

Ok i'll admit it ADBE looks interesting on the long side with a stop around 27.70, just looking at this point though.

not much

I'm not seeing any attractive trade setups this morning.

The market has more potential for a downside move as opposed to an upside move. imo

Today

Re-visit the disappointing day post.

short AMZN

started a small AMZN short here @ 125.29 looking for 3 dollars.

Disappointing day

Today I was setup for what should have been a big dog day, CMFO long, Bidu short, CREE on the bounce. However I am going out like the dog on the back dashboard, my head is bouncing. You know the saying "If trading were easy Everyone would do it, but then they would call it winning not trading.

I see the errors of my ways however it's just too much to type about.

The Rapid Trader will RETURN.

CREE

You might look at CREE with a stop around 57.60 , I'm not pulling the trigger because this market has bounced so strongly that another wave of selling could strike, not only that but the chart is Big time Broken, yet a bounce of a couple dollars could happen.

Stopped out

Stopped out of my BIDU short 83.44.........................................+ 1.54




That was a dramatic bounce. Gave up 3ish dollars looking for an extra dollar.

Big B

Super bounce this morning OUCH!!

weakness continues this morning

CMFO not moving into the open I unloaded @ 5.41 I'll look for another entry into it at a better level around 5 to 5.10. Who's kidding who I am a much better trader of stocks over 30 dollars a share and I know it, so this little 5 .00 stock could sell off so quickly and leave me stuck.


BIDU I'll most likely exit around 79.00

Dive

Tons of technical damage here look for more downside over the next week.

CMFO long

Bought a full position in CMFO @ 5.32 , I found an article about it today and plan to hold this one for a while.

Covered DIA

Covered the DIA short @ 104.60.........................+ $ 1.84

I expect more downside in the DIA I look to re-enter after a bounce.

Downer

Gap lower open today I think we may have more downside. I will be looking for other short sided trades.

Green Monster

Bulls are still in charge.

Which way

We are still in the digestion of he Fed announcement. Better directional trading signals should be more evident as the week goes on.

BIDU

Doubled my BIDU short @86.52, average cost now @ 84.98

This is a high risk move on my part.

DIA

Ok if the DIA give me a breakeven exit I will take it.

FED

Waiting on the fed, we should trade in a tightish range till then.

IMO the fed makes no major announcements, or policy changes. imo

Covered ISRG

Triggered out of ISRG covered @328................... trade +3.61

Bears are hitting

I'm outta here in 45 minutes I'm setting trade triggers trying to capture some small profits. Good Luck

buying frenzy

Now that was a very impressive bounce off the gap lower open. The bulls aren't going to let something like a disappointing jobs number break their mojo. Now it's time to let the market explain to us just how happy the bulls are with the current environment. currently dow down 42.

FSYS

FSYS is approaching the 34.89 level if it moves above it with volume it could continue to move higher.

short ISRG

Small short started in ISRG @ 331.60

No resolution

We are still grinding sideways with no clear direction, the bulls are persistent and the bears aren't pushing much.

BIDU

BIDU has become very worrisome, It's on a mission to move higher without a break looks like it may not come back to fill the gap until it hits the 89ish level. I have a small position BUT even that may have to be covered. This is the problem with shorting the strongest stock in the market.

More Green

ISE numbers release taking us higher.

Keeping on.

I fought the charts and the charts won, so far.

Government job numbers on Friday, this pop is most likely due to a combination of chart setup's and the ADP number.

Fill the gap

Tough market to get a read on, could go up could go down, yeah not very helpful with the info today. Keep position size down. I'm leaning for a small selloff to around dow 10,400 over the next few days.

short DIA

Started a small DIA short @ 106.44

Omg

Omg........... BIDU bulls still very active, no other action right now however if it takes out yesterdays high on large volume it may be prudent to cover.

BIDU short

Short BIDU smallish starter position @ 83.04 looking for a couple dollars.

out of CHK

CHK sold @ 21.61 beakeven trade, earnings tomorrow the markets up big it seemed like as good a time as any to exit.

Everyone is positioning

We've rallied hard to this point watch out for a bear trap. If we keep selling at this point the bulls are done for today. This is the pivotal point today.

SQM

This is another stock I've been watching for months it's already made a nice move but still it's technically strong. Actually this would make a good investment due to it's exposure to the lithium mining. I'm not jumping in here unless I see a good entry.

POT

Potash looks bullish here.

CHK

CHK if you want to play it safe get out now with a 20 cent loss however I will give my position just a bit more time. This stock has not taken off it's prolly best to move on.

XOM exit

Sold XOM I don't want to hold through earnings. Took a small profit.

Almost Never

I realize we've had a nice little rally here and the bears are waiting to slam it. I'm going out on a really thin limb here..............................But Never Short a Dull Market.

GLD

GLD in the 114.75 level looks like a short for small profits, however remember gold likes to gap around, it has a tendency to trap traders with small gaps.

Patience

Well at this point wait for the market to reveal it's next move, if you must trade keep position size small. Quick little whippy moves may keep traders with tight stops out of stock positions.

CHK

If CHK doesn't find some legs here it may see some more downside. Too many Bears. It tagged the underside of it's 50 ema and started selling off not a good sign.

Green

We are into another nice bounce here resistance levels on the DIA and SPY are still in play.


I won't be around to post again til the weekend.

ADBE

ADBE is looking interesting, however in a big selloff it would follow also.

Wed

The futures are showing some more movement to the upside, I think the market moves a bit higher , and then we'll see some profit taking, lets hope it's light so we can consolidate a bit. Resistance on the DIA is about @ 104.00 SPY is 110.00

Possible strategy for today

Playing a weak open for a bounce appears to be a possible daytrade strategy today. Take profits quickly.

Monday am

The market is a bit jumpy here today, it's just trying to remind us that we should keep our timeframes short.


It's earnings season check for releases before jumping into a good looking trade setup.

Covered Apple

Took a small profit on Apple covered @ 243.49 +4.58


Well I didn't want to hold AAPL through earnings.

Sunday's Opinion

My early Sunday take on next week's trading methodology will be a sell the rips type mindset for faster trades and buy the dips for slower more dangerous trades.

Rapid Trader reserves the right to change market strategy at any moment. Depending on market behavior.

AAPL

Will we get a sell the news reaction to Apple's press conference?

Would short any

I am on the lookout for any Chinese real estate stocks, any ideas?

GOOG

Google has moved even lower pre-market then where it moved after-market yesterday.

Gold and silver gapping lower in premarket.

Late day

Late day rally, looks like it helped some individual stock charts look better the DIA and SPY would need a move higher with solid volume to confirm a move higher.

Keep loses small

Sell now and wait for the market to turn or scale in very very slowly. Lots of charts are starting to roll over. The market may have some more downside.

MY Bad

Should have waited for the release of the nat gas #'s, could of got a better entry. MY BAD.


Should of waited for the Dip buyers to do their thing on Tue's entry on AAPL.

XOM I still believe it has upside.

Inventory #'s

Nat gas inventory numbers due at 10:30 eastern time.

AAPL

Apple is still holding it's trendline, if it moves below Tuesday's low look for more downside.

Under Pressure

Energy is under some pressure here at the open, and the market is acting poorly.

I will hold on to CHK a bit longer if it starts moving much lower I may unload it and wait for market conditions to improve.
Holding XOM.
Holding AAPL short.

CHK

Bought a small position in CHK........ due to chart pattern. @21.39

Food for thought

The up in the market feels a little bit leftover. We'll see.

AAPL

Geez i guess i'll run to the store and pick up some duct tape, that should save this trade.

AAPL

Got Short a small piece of APPLE comp @248.07

XOM

Exxon looks interesting on the long side, however if it makes a purchase of another company expect it to pull back a bit.

SLX

Considering SLX for a quick 2.00 drop, I'll see how it reacts at it's first little intraday bounce.

Wait and see

Waiting to see the reaction to earnings, AA this morning and INTC tomorrow should tell us more.

General Outlook

There should be a bit left in this move, however we cannot forget the fact that we are in a downtrending channel. Lower lows and lower highs confirm this. Keep trading time frames shorter and let the market prove itself. "IF" this market has legs there will be plenty of time to get bullish exposure.

CEDC

Well an interesting play that may have some upside would be CEDC, play it with a stop around 21.40.

Covered BIDU

Covered at 66.................. +5.14

Exited for profit, no other reason.

Covered ISRG

Out of ISRG @310.63.................................. +14.14


I locked in profits because I had them, my original buy to cover was at 309.

ISRG short

High risk trade Started a small short here on ISRG.

Short BIDU

I've been waiting to short BIDU and since it gapped lower today I thought I'd try it.

Heir Deadness

The markets not offering much today, it's a bit concerning. I'll keep an eye on my trades.

DDM

So far DDM hasn't given me enough of a price differential to justify adding, I think I'll have to go into next week with my initial position.

XOM

XOM looks good to start a bounce around 59.20, I picked up a starter position @ 59.70

Game plan

Buy the early weakness in the index's this morning and unload into the rally next week. I have a job this morning so this strategy should work well. "hopefully"

NFLX

Was stopped out on the bounce, for just pennies. Yes the $ 4.00 was available on the trade however I set stops.

DDM

Started a small position @ 41.81

DNDN

If DNDN drops a bit below it's 200 ema play it for a bounce. Around 32.90 but wait for it to start it's bounce.

NFLX

Short @ 117.25 .........looking for a 2 to 4 dollar trade.


Added more @ 119.68. Looks like shorting one of the most bullish stocks in the market may be a bad idea. Will be holding this one at least overnight.

Fast Changes at Stock Market High

The market is making the trading as tough as possible with quick turns, gaps, fades. Keep your time frames short take profits when there on your screen. There is too much global news that can send the market reeling. Scale in on pullbacks if your looking for longer term positions.