Friday, August 6, 2010

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.

Thursday, August 5, 2010

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.

Wednesday, August 4, 2010

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.

Tuesday, August 3, 2010

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.

Monday, August 2, 2010

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.