Thursday, January 17, 2008

YES

Yeah it's time to put some money to work in your favorite stocks.

CY

CY at 25.00 are u kidding me?

DRYS

Whoa, got filled on my exit 20 cents below the last trade but sometimes a limit order on a day trade is risky. small winner.

DRYS

DRYS looks interesting for a short term trade.

Wednesday, January 16, 2008

AMD

AMD is trying to form a bottom off the Intel earnings call.

UGLY, bounce?

Its ugly, however we are setting up for a small bounce here while the dow is at 12450

Daytrading

What a massacre in the markets. I have just returned and have not had time to get a good read on the markets but the charts tell the story don't they.
I will not expect the markets to recover much or quickly. This appears to be daytrading time.

Wish I had sold my DISH however it is a very small position so I will continue to hold and look for a chance to scale in and then exit on a bounce. CRDC has held up well. EMC is holding, but I will unload should it continue down or add should it show strength. VNR holding.

Monday, January 7, 2008

spike

I'm inclined to believe the bears will overextend themselves soon and produce some sort of upward spike in the indices. The short side looks crowded but if enough fear is placed in the bull camp nothing will happen.

Friday, January 4, 2008

ACI

Yes I'm kicking myself for covering too soon @ 42.19............................uhggggggggggggggggggg

INTC

Had to buy some Intel INTC @ 22.43

Whoa

Yeah it's wicked, bounces all over the place but i doubt they will run very far. Some stocks are tempting however I will resist. I will be out for a week starting Tuesday. A VACATION.

Covered my Short on ACI, +++++++++++++++, big position
Took small hits in FLML, NTAP.


CRDC, bears are relentless, a bit of selling today also.

If possible

Stay on the sidelines if possible, and if your so inclined watch for some daytrades on the shortside. Wait for better conditions to start building any longer term positions.

Thursday, January 3, 2008

NTAP

NTAP looks interesting here at the 25.00 level, with a tight stop.
STT breaking out.
HUM looking strong.
WFR interesting.
CY interesting.


CRDC the bears are still hard at work on this one.

Wednesday, January 2, 2008

Empty down under

There is nobody under this market looks like better prices will be coming soon.

Caution

Let me say that the charts I'm watching are looking horrible here this morning. Be cautious.

Monday, December 31, 2007

It's here.

Happy New YEAR!

End of year.

I won't be expecting too much from this market today, just keep any positions from turning into big loser's. Maybe a daytrade or two using small positions.

Thursday, December 27, 2007

Not good

In this kind of trading environment it's all about being lucky.

watch out

Whoa!!!!!!!!!!!!!!!!!!!!!!!1 stocks all over the place

MPEL

MPEL off the 12.00 level looks interesting.
EMC got stopped out of 60% of my position breakeven, uhggggggg

Bears

The bears are pressing here.

EMC

EMC getting sold down on very low volume (9400) here in the premarket. With news of a purchase.

Mixed

Looks like another mixed day of trading where the institutional managers continue marking up their big winners even further, this environment is great for momo traders. POT, MOS show no quit then there are stocks with high p/e's GEOY 395, AMZN. and others. Solar stocks ripping.

Good Luck. And keep your stops in place.

Wednesday, December 26, 2007

EMC

I'm getting aggressive in EMC with some fairly tight stops in place.

Mixed

Looks like a tough day of sleighing ahead. Mixed trading with pockets of strength. I will only be looking for short term trades once again.

Monday, December 24, 2007

Move over

Geez the only way I would play this move so far is to sell short an extended stock for a quick daytrade. Good Luck

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.

Friday, December 14, 2007

&^&^&(*%$$#^()*

That's RIGHT!

WU

Were going to try a bit of WU off the 23.75 level, the market isn't offering much so consider this a high risk trade

Thursday, December 13, 2007

Tricky

Yes it will be a tricky environment for traders today. Keep position size down.

I will be here only for the first hour. Good Luck

Wednesday, December 12, 2007

BIIB

It's moving sideways, no bounce so I exited at breakeven.. That's right it should now start to bounce.

Afterhours trade

High risk trade in BIIB, afterhours looking for a bounce. This really can go either way, with all the pressure in the markets right now I will scale in if it opens much lower tomorrow. I will be looking for 2 dollars.

Tuesday, December 11, 2007

Time Frames

Keep trading time frames short for the foreseeable future. Quick Hits.

Review

Lost my AZPN took a 17 cent hit on half and a 40 cent hit on the other half.
Lost my MOT 10 cent gain, took a 14 cent loss on the other half days ago.
My ISRG short was Covered @ 338.95 small gain.

CRDC still holding a full position.
DISH still holding a full position.


Could have been a lot worse.

Pre Fed.

I'm expecting some very volatile action after the Fed release today.

I am leaving, and won't be around for the fireworks. Good Luck

Picked up some AZPN, with a tight stop.

Friday, December 7, 2007

Good Luck

Another mixed day.
Lost 1.05 on a 1/3 sized position in ISRG yesterday. I know how did that happen you ask well Trade Trigger took me out quickly.

Bought AKS 46.45 yesterday , sold it this morning @ 47.28.

Leaving early again today.

Good Luck.

Thursday, December 6, 2007

premarket update

Premarket starting to tank here. Keep stops in place. Looks like a mixed day.

Early premarket view.

Looks to be a continuation of yesterdays rally setting in here premarket. keep your stops fairly tight.

I'm guessing ISRG will run up a bit more, the chart looks strong at least to 340.

Wednesday, December 5, 2007

Review

Nice rally. I had to leave early. However when I returned I noticed my trigger to cover my ISRG was activated and filled, (whew) + $3. on a 2/3rd sized trade.

CRDC , whoa an up day? HURRAY!!!!!!!!!!!!!!!!! now will it last.

I will only be trading for a couple of hours tomorrow.

EARLY look

Keep position size small. We may be in for a small bounce however I'm not very trusting of it.
Early premarket momo in BIDU MA FSLR SOHU , RIMM also but appears to be a bounce.

Tuesday, December 4, 2007

Decisions

Time for serious decisions. No more position trading on this blog as you can see it's just to painful to see what it does to my account balance. Anyways all trades will have a maximum holding period of 7 trading days. It still seems like daytrading and swingtrading profits far out way any other trading strategy that I employ.

Sold short ISRG covered too soon though, typical profit 2+ dollars.

DISH

Missed getting stoped out by a penny yesterday and then today it gaps down right over my stop limit. BIG YIKES.

No rush

No rush to put money to work.
Since I won't be able to trade much during the next 3 days.
Looking for some downside trades here in the early going today however I will be quick to cover.

Monday, December 3, 2007

Review

Well I shorted more FMCN@54.21 then covered the entire position at the Close @ 53.68.
Holding a small position in MOT still.
Close to stopping out of 60% of my DISH.
Holding CRDC.

Watching NYX for a entry around 83.90 depending on the overall market environment.
Watching ACI for an entry a bit lower then where it's at.
MPEL lost some future revenue and may be slow to recover I'll look to get in around 12.20 to 12.50, depending on how it starts to act.
Watching EMC for some strength.
And many others.

Bearish tone

As you've noticed the market has a bearish bent to it today, start looking for stocks you may want at lower prices.

I got short the FMCN @ 55.15
Got long the VNR 16.65.

Dumped half my MOT Friday for a 14 cent loss but removed my stop today (yikes), small position.

Mixed day

Looks like it will be another mixed day of trading.
Watch the momo favorites for some downside.

Friday, November 30, 2007

MOT

Motorola is not showing anything, it was a long shot that isn't working. I have my exits in place.

MOT

High risk trade @ 16.18 small position. Looking for bounce here.

Rally

Sometimes overnight risk works such as for today's market. Don't chase this gap up without a clear area for your stops. The market should put in a nice rally today.

I have to leave very early.
Good Luck.

Thursday, November 29, 2007

Tough market.

If the market has any strength left DISH looks good for some upside.
UNP stopped out breakeven.

CRDC

The bears made a stand on CRDC at 7.70, not a really good sign let's see if the bulls say enough is enough.

UNP

Picked up a half sized position in UNP. I ;ll keep a tight leash on this one.

Early review

Got a couple of dollars daytrading ISRG, looking for a reentry on NYX among others, Patience is required here.

MIXED

I'm expecting a very mixed day of trading, keep timeframes short.

SHLD still going down after that horrible earnings release.

Wednesday, November 28, 2007

NED

Sold NED however I believe it may have more upside.

Keep time frames for trades short.

Looks like the momentum favorites are moving higher in pre market, ie; RIMM, BIDU, AAPL, ISRG and the like.

BIDZ

Sold my BIDZ in premarket @10.29, was just a small bounce play.

Tuesday, November 27, 2007

BIDZ

Bought some BIDZ afterhours, small position @9.19, extremely risky trade.

Today

I would be looking for bounce plays today. Quick flips. I am expecting some very tricky trading again today. Keeping the stops on my recent purchases very tight.

Oil is under some pressure here this morning.

Monday, November 26, 2007

NED

Picked up some NED off an article on RealMoney.com.

DISH

Ok I'm done just made DISH a full sized position.

every

Every trade is a risk here.

DISH

Just added to DISH, medium sized position.

CRDC

yes there are some big bears in Cardica every move up is brought back down almost immediately, not even in size just right back down, but at least the bulls are starting to emerge although meekly.

Bounce?

I'm not very trusting of this market right now. Stick to quick flips. Even if the market starts to rally deploying longer term capital seems extremely risky. Yes were due for some sort of bounce but thats about it.

CRDC, holding
DISH, holding

Friday, November 23, 2007

session

It will be a shorten trading session today. Very quick flips if anything.
The only thing that looks like it has any strength is APPL, DE in this premarket.


GOOD LUCK.

Wednesday, November 21, 2007

Holiday

Looks like we are setting up for more selling today. If anything, protect your positions and limit yourself to quick flips mostly on the short side. Or just take a day off.

Happy Thanksgiving to everyone!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Tuesday, November 20, 2007

out out out

Forced out of everything but CRDC and DISH.

yhoo gone, cbak gone, mpel gone
2 breakeven trades in NYX


painful day

Sharp moves

I'm sure it will be another tricky day or two in the markets.

Stocks in the premarket

FSLR, BIDU, MA, WYNN, CNQR all showing something in the premarket.

Today

Looks like were in for a short term rally into Thanksgiving. I would keep an eye on your pick though. I bought a medium sized position in NYX yesterday @81.19.

Wednesday, November 14, 2007

Market

So much risk in the markets right now. Intra day trading looks to be the only option.
We should be near a tradeable bottom here. Keep position size small. Don't buy any extended stocks.

NTAP is receiving a positive reaction to it's earnings call here in after-market trading.

Thursday, November 8, 2007

Today

Stay patient and wait for better prices. I'm seeing a lot of selling here this morning.

Wednesday, November 7, 2007

Today

Just returned. Whoa big down day. Should have exited more positions at even.
This is shorting weather. Wish I had been here. Will only have a couple hours to trade tomorrow.

Stopped out of half my USU @9.47.
CRDC, there seems to be no bottom.
MPEL, underwater 52 cents.
CBAK, this should test the 5.25 level again soon.
DISH, holding


Good Luck.

Today

Futures down big here in pre-market.
Sold my TWX 18.13 premarket. Breakeven.
Even in MPEL would be 13.52 don't know yet what I will do with this position.

Have to leave early today.

Good Luck

Tuesday, November 6, 2007

MPEL

Good place if so inclined to add more with a tight stop of 2nd half of shares. 12.75ish

Market

The Chinese stocks continue to get whacked.
Lots of very angry Bears here driving the stocks down.

Be Careful.


MPEL too ugly to swing trade,
CBAK, what can I say, never go back after a trade when the market is struggling.
CRDC, no bulls left
USU, I wont let this get too far away before selling
TWX, holding for now, actually a longer term trade.

Monday, November 5, 2007

Good Luck

Nothing today is working for me. Should a bought XFML had a lot of opportunities.



ROUGH.

More more more

bought some TWX @18.03 New CEO on the way
bought some more CRDC 9.52

MPEL

Started a small position in MPEL for a swing trade. Left room to add more.

Bear Tracks

Bear Tracks all over the move above 9.70 on USU.

IGT

IGT looks interesting here, no trade on yet. IGT is one of my 10 long term holdings.

CBAK

CBAK, @5.36, high risk trade

USU

I bought some USU for a quick 1 to 5 day trade. @9.71

Sunday, November 4, 2007