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