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 US stock discussion v2

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zamans98
post Mar 9 2010, 11:20 PM

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WTF - LVS flying to moon. Pre-market was red, -22cts. So I thought hey why not short. Luckily line was bad. Now approaching 20$
danmooncake
post Mar 9 2010, 11:20 PM

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QUOTE(miuk @ Mar 9 2010, 10:58 PM)
Kind of regret turning ON my 'bear' mode so soon. Missed out on STEC now flying up ahead, 'wasted' almost $1.50 per share.

Now also in with short position on LVS, might need to cover it soon if this rally gets extended.
*
We haven't hit the highs of January yet. Don't turn on bear mode so quick and go short..
But, try to sell off some if you already hit the target selling price.

Anyway, I see LVS top: 20.73, shorting it near $20 or higher should be ok.
zamans98
post Mar 9 2010, 11:23 PM

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Okay, bear lover, wait for news this coming THU + FRI


Thu
Mar 11 8:30am USD Trade Balance
8:30am USD Unemployment Claims

Fri
Mar 12 8:30am USD Core Retail Sales m/m
8:30am USD Retail Sales m/m
9:55am USD Prelim UoM Consumer Sentiment

danmooncake
post Mar 9 2010, 11:45 PM

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QUOTE(zamans98 @ Mar 9 2010, 11:23 PM)
Okay, bear lover, wait for news this coming THU + FRI
Thu
Mar 11  8:30am  USD  Trade Balance
                8:30am  USD          Unemployment Claims

Fri
Mar 12  8:30am  USD          Core Retail Sales m/m
        8:30am    USD  Retail Sales m/m
                9:55am  USD          Prelim UoM Consumer Sentiment
*
Those reports could be bullish too..

We need more dire straits stuff - like more uncertainty in Euro zone, China banks suddenly found tons of bad loans rising, US mortgage rates reset - higher than expected foreclosures.. brows.gif


zamans98
post Mar 9 2010, 11:48 PM

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Wow, C is flying, finally after hibernating for 4 months. News on the Treasury's call on the C holdings.

Online rumours that big shark is pushing to 4$
epalbee3
post Mar 9 2010, 11:56 PM

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STEC flying to sky..

HEAT static.. wink.gif

green like RM100 now..

cannot day trade.. so no target price..
miuk
post Mar 10 2010, 12:00 AM

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QUOTE(danmooncake @ Mar 9 2010, 11:20 PM)
We haven't hit the highs of January yet. Don't turn on bear mode so quick and go short..
But, try to sell off some if you already hit the target selling price.

Anyway, I see LVS top: 20.73, shorting it near $20 or higher should be ok.
*
Placing a buy to cover of at least 1/3 outstanding shorts now. Don't want to risk it that much.
If LVS does hit 20, will try one more short.

---------------------------------------------------------------

order cancelled. sharp drop in the dow.

This post has been edited by miuk: Mar 10 2010, 12:10 AM
epalbee3
post Mar 10 2010, 12:09 AM

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Bought another 200 STEC at 13.94.


Added on March 10, 2010, 12:11 amNow holding 300 STEC at 13.87.

Holding 100 HEAT at 12.47.

No target price..

This post has been edited by epalbee3: Mar 10 2010, 12:11 AM
zamans98
post Mar 10 2010, 12:30 AM

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QUOTE(miuk @ Mar 10 2010, 12:00 AM)
Placing a buy to cover of at least 1/3 outstanding shorts now. Don't want to risk it that much.
If LVS does hit 20, will try one more short.

---------------------------------------------------------------

order cancelled. sharp drop in the dow.
*
Since when DOW drop sharply?

Dow
10,571.64 +19.12 (0.18%)
S&P 500
1,140.96 +2.46 (0.22%)
Nasdaq
2,342.32 +10.11 (0.43%)
epalbee3
post Mar 10 2010, 12:33 AM

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QUOTE(epalbee3 @ Mar 10 2010, 12:09 AM)
Bought another 200 STEC at 13.94.


Added on March 10, 2010, 12:11 amNow holding 300 STEC at 13.87.

Holding 100 HEAT at 12.47.

No target price..
*
green like RM200 today.. smile.gif

target green like RM2000.. wink.gif
sulifeisgreat
post Mar 10 2010, 12:35 AM

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QUOTE(miuk @ Mar 10 2010, 12:00 AM)
Placing a buy to cover of at least 1/3 outstanding shorts now. Don't want to risk it that much.
If LVS does hit 20, will try one more short.

---------------------------------------------------------------

order cancelled. sharp drop in the dow.
*
Attached Image

really not rekomen short lvs, if it break out above $20, the next resistance is $30 - buy high, sell higher concept in action again nod.gif
from sep09 to mar10, it had been sideways for so long, any short term trader would have exited alredi
if holding, jus prepare to ride it up, if never ride b4, learn to, its fun! of coz, ensure got ur cut loss level ready in case shit happens
frankly speaking, at the moment dun see anything to stop the roket / breakout trend rolleyes.gif








epalbee3
post Mar 10 2010, 12:40 AM

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Good night and see you all tomorrow morning.. smile.gif

Next week will be better without daylight saving..
danmooncake
post Mar 10 2010, 01:30 AM

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Dow: 10600
S&P: 1145

Still on target..to touch new January high.
Come 'mon bulls.. you can do it. rclxms.gif

Update:3:00am
Executed my CSCO 26 calls. Already up 250% from last month. biggrin.gif

Closing update:
Dow 10564.38 +11.86 +0.11%
Nasdaq 2340.68 +8.47 +0.36%
S&P 500 1140.44 +1.94 +0.17%

The pop to 10600 fizzled away. The bulls are indeed weaken. shakehead.gif
This Market is probably going to continue sell into any rally until we turn south.

Look at C - just blew past my expected resistance level at 3.76.
Hopefully, it can touch $4 before the next down turn.


This post has been edited by danmooncake: Mar 10 2010, 06:39 AM
epalbee3
post Mar 10 2010, 08:01 AM

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STEC down and HEAT up..

The conditions reversed in the mid-night..

Locked a lot in STEC liao.. wink.gif

Have to wait together with those who hold STEC high at 13.87..

train your patience...

http://shortsqueeze.com/?symbol=STEC&submit=Short+Quote%99

There are about 43.81% percent of STEC is being shorted..

"momo" is playing..

htt
post Mar 10 2010, 08:25 AM

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QUOTE(zamans98 @ Mar 9 2010, 11:48 PM)
Wow, C is flying, finally after hibernating for 4 months. News on the Treasury's call on the C holdings.

Online rumours that big shark is pushing to 4$
*
Now almost 4 liao, how about 5? tongue.gif
epalbee3
post Mar 10 2010, 08:32 AM

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QUOTE(epalbee3 @ Mar 10 2010, 08:01 AM)
STEC down and HEAT up..

The conditions reversed in the mid-night..

Locked a lot in STEC liao.. wink.gif

Have to wait together with those who hold STEC high at 13.87..

train your patience...

http://shortsqueeze.com/?symbol=STEC&submit=Short+Quote%99

There are about 43.81% percent of STEC is being shorted..

"momo" is playing..
*
You see.. tonight I will average down STEC, if it drop again..

Seems llike addicted.. wink.gif

SKY 1809
post Mar 10 2010, 08:34 AM

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QUOTE(htt @ Mar 10 2010, 08:25 AM)
Now almost 4 liao, how about 5? tongue.gif
*
From Fear changed to Greed instantly, though fundamentally about the same.


htt
post Mar 10 2010, 08:38 AM

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QUOTE(SKY 1809 @ Mar 10 2010, 08:34 AM)
From Fear changed to Greed instantly, though fundamentally about the same.
*
I still fail to understand why it jump 7% in one day, but I welcome that tongue.gif
sulifeisgreat
post Mar 10 2010, 08:44 AM

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QUOTE(epalbee3 @ Mar 10 2010, 08:01 AM)
STEC down and HEAT up..

The conditions reversed in the mid-night..

Locked a lot in STEC liao.. wink.gif

Have to wait together with those who hold STEC high at 13.87..

train your patience...

http://shortsqueeze.com/?symbol=STEC&submit=Short+Quote%99

There are about 43.81% percent of STEC is being shorted..

"momo" is playing..
*
Attached Image

congrats on ur trade in stec! if I gambled it, $13 enuf liao, look for other candidates
the target of $17 is quite ambitious, it needs to clear $15, but as they say - no pain, no gain
to tackle the emotional side of trading, use practical entry & exit points, no emotions involve, happy day trading!

if not mistaken, the shortsqueeze data since is free, got time lag difference & use as a guidance, as u not using the paid subscription
oso careful as heat may or may not do a double bottom for shakeout, furthermore indexes can pullback anytime when least expect it
ensure have some capital in reserve to buy any dip
SKY 1809
post Mar 10 2010, 08:55 AM

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QUOTE(htt @ Mar 10 2010, 08:38 AM)
I still fail to understand why it jump 7% in one day, but I welcome that tongue.gif
*
What is the your reason for loving this stock so much ?

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