Boys....It's DIP TIME AGAIN!

At this level, I'm looking forward to buy at support.

Let see if it can happen, SPX = 1120-1125 area..

Kinda tough looking at how it bounce back from morning open...hmm

Gap down.. lots of support at 1140 area (or Dow 10850) which was last week low.
Going to day trade around this area until its settles.

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Added on September 13, 2011, 1:33 am
Sell the rally.. shorts seem to be wining here!

Need to push it down a little further.



This post has been edited by danmooncake: Sep 13 2011, 07:06 AM

what a reversed trend.

now i'm stuck in between. sigh.. down 3K USD since Raya.

Still at the battle ground here.. SPX 1150~1160 area.

Let see if US will follow Europe market to try to grind itself higher or just stalls.

Dan, I think US will hold...just a hunch. I think they are trying to price-in greece...

It is possible.. but I'm selling any pop if we get it, just to lock in my profits or have my trailing stops take it out.
If it dips, then I'll buy.

Dump 10,000 SVM at $8.5 on Friday...........this is getting intriguing but dont want to take the risk

PHEw* look at the continous dumping and shorting!

Dwon another $1.54 to $6.30........another 20%!
After hours $6.19!

Something is brewing and gatta give..........

Glad i am not holding........in PM miners learn how to not go against the trend......

WOW! That's really ugly for SVM. What's happened? I think something fishy going on..

Waiting for LVS to go up by another $1 is like waiting for it to reach $100/share.

Dan sifu, shall I wait or let it go now? My t/p is $48.90

Really is fishy.....not waitng to find out as a bagholder!
It appears legit........

http://www.wsw.com/webcast/rrshq20/svm/

Howver, we will see.......could still emerge as a STEAL of the year.

I think LVS is doing great! Better steady rise than parabolic move which tends to crash land.
Beautiful chart in the making so far for this 3 months. Above the 50dma and 200dma. bullish cross happened 3 days ago. But, I'm seeing the 48-50 area as resistance spot.

I'm selling some $50 cover calls in this area. I'm still holding a batch of LVS averaging now at $36 (after earnings from cover calls and puts for the past 3 weeks).

IMO, LVS needs more volume and momentum to pierce through the $50-$52 area.
Perhaps next month Q3 earnings will help.

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Added on September 14, 2011, 8:50 pmAs with many Chinese small caps.. it is pretty risky because of probably lack of stricter accounting system.
If they don't add up, sell first, ask questions later.

This post has been edited by danmooncake: Sep 14 2011, 08:50 PM

Hi guys, try going to any copy trader program. It will provide you a steady gain. Going slow and steady for me beats everything.

I have been searching a while and come through this. I am interested in US Stock trading, can Sifu Sifu here share some experience of what online trading facilities as well as local securities company and comparison of their commision etc ... ??

Alamak.. that's odd.. how come old thread suddenly re-surface?

Please see V4.
https://forum.lowyat.net/topic/2027841/+2820

I'll close this topic. refer to version 4.
Thanks Dan!