Don't wait for STEC and FUQI anymore, they're not moving.

Anyway, did you see S?  The latest news from Sprint basically gave this a boost.
I think S got a break out now. 

C - damn.. it is pretty resilient. Broke above 4.15 even on down days on Dow and S&P.
Now it seems, one must buy if pullback below 4.0.

Closing Update:
Dow 10836.15 -52.68 -0.48%
Nasdaq 2398.76 -16.48 -0.68%
S&P 500 1167.72 -6.45 -0.55%

The smart money took some off the table but the Dow, S&P and Nasdaq still very high.
We need more pull back... 

True... Hee- yaw!  yippee kay yeh ..  LOL! 

Let see what tonight will bring..

Time for breakfast and sign off work.

ERX:34-35. Yes, I'm thinking if it drops to that level, I'll start a position.

C: 4.05~ 4.20.. I'll thinking selling again.

Wash, Rinse, and Repeat until it breaks out of range. 

SHORT FXP.. I already place pre-market order (executed later only)
Today is OPTION expiry, so as usual, I can see SPARKS everywhere. If coupled with BAD DATA news (which is none today)..

Didn;t monitor LVS, from high of $22.49 to $21 closing.

Bought some XPP premarket to hedge up with FXP reversal since we got good numbers from HSI and SSE. 
I don't see China going bull yet.. perhaps more opp. to short. later. Infact, thinking of buying more FXP if we drop below 8.5. 

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Added on March 26, 2010, 8:50 pm

Option Expiration was last Friday. Nothing happening today except for stupid revised govt fudge GDP numbers.

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Added on March 26, 2010, 9:12 pm

Nice, the faster govt unload, the faster it will rise.

You shorted any asian markets?

Sold the rest of my position in C at USD4.28. A few seconds later it tanked. 

Going back down to sub USD4?

Same here.. Sold 4.38 at open with trailing stop. Wash it and rebuy back later.
Easy money while it is volatile.. 

Bought more FXP: 7.80. 

Closing update: 4:11am
Dow 10856.63 -50.79 -0.47%
Nasdaq 2397.96 -12.73 -0.53%
S&P 500 1169.43 -3.84 -0.33%


Wow... nice. I guess that's a good start to give back some. The bulls can't win them all, right? 

The bulls are getting another push up. Initial claims are down.. even if jobs report are bad, it won't see any effect until Monday.

Anyway, I think Dow 11000 can be reached by next week.  Don't short now. Wait. 

-China's tightening
-Looming reminbi revaluation due to US presure

Got more C  again tonight at 4.05.  Once it hit at 4.35 or higher, I'll Q to sell again. 
C seems like easy money now because it just plays around the channel: 3.95 (low) to 4.40 (high), until it breaks out.

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Added on April 2, 2010, 12:07 am

Psst.. F(ord) chart has a bull spinning top now, with a support at $12.21 @ 50MA. It touched intraday low at 12.42 yesterday, hence I decided to nip some yesterday with my auto Q to buy.  I think F can move back up to $14.
It seems like a winner now.  Good luck! 
Also, I've looked at my TCK position which I started again just last week. It has raised over 18%. 
A much better performer than 3x ETF like ERX.   This thing is beautiful. I'll add more if we get another pull back.
Commodities are hot again.

Well,  tonight - the unemployment rate stays about the same for month of March: 9.7% like in Feb.
But, US employers added about 162K jobs (below 190K as expected). US census bureau added 48K jobs.
The private sector added 123K jobs - which is a good thing.

IMO, the jobs growth is very anemic despite massive govt stimulus spending.  Overall, this isn't good for longer term.

It is anything goes on Monday.  I would be watching for China and HongKong and see how they react.

AA ? 

Did stupid thing: chase high ERX at 32.13..

The crazy bulls are beating at the 11000 door. Wanna to crash it open.
It is going to happen..

But, I'm waiting at the sideline.  Not going to chase stocks at the moment. Just let the longs ride.

No, infact TCK got more good news. TNA is just ETF riding on 3 times of small caps. All small caps will rise with the market.
Don't short at this time.

The big boys in control are whispering that they want the market to go higher. 

WTF - everything GREEN. Seems like CASINO. Mine holding still not profitable. Not even hitting JAN 2010 high.

Oil price back to positive..

ERX should dip a little and raise back today..

I think with TCK, everything will be positive as long as metals commodities doesn't tank. The risk is if recovery gets stall or if China decided to stop buying raw materials.  Price target varies differ from one investment firm to another: 45 to 65.  For 2010, I think it can see at least $55 and also talks about reinstating dividends (this doesn't matter to us).

Tonight - Market pausing and pulling back a bit. Oil all time high for 6 months: $86. This is crazy. They want Oil to go $90. I'm not buying it. Time to take some profit if you're riding it from $80.

Wow. How'd you manage to stumble upon that share?
And this share seems vaguely similar to SIRI...
I see. Wish I had a large portfolio to shift around. 
I'd probably be losing more money if I start converting my money.

Epalbee: Who's your broker now and how much do they charge?
Don't just look at the rates, but also its tools (very important) and service (online transfer, etc).