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

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

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

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.

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.

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.

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.

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.

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.

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.

MOT

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