Not sure about ING, perhaps related to European issues.

Anyway, market pulls back a bit at open but slowly bouncing back.. hanging around good support area @ SPX 1174-1178.

Look at LVS. I was hoping for more pull back for more buying but didn't even go below 49.50 yet
Perhaps building momentum to burst and stay above $51

Update: 11pm
Darn.. both PMI and Consumer Confidence numbers are good.
We'll see the red sea slowing diminishing..

I was hoping for more good buys.

This post has been edited by danmooncake: Nov 30 2010, 11:02 PM

700@ 8.88 -- hope nice feng-shui no.

its related to bad-debts in PIIGS


fcuk LVS!!, enter URRE... duh, made $150... kaching!

This post has been edited by zamans98: Nov 30 2010, 11:53 PM

Crazy LVS! Not that I'm unhappy but I was really hoping for much better pull back..
Looks like higher highs in the making. Broke above yesterday high already.

49.5 to 51 looking good for range play for now.

I'm looking at the options market for the leverage play while we're in this range.

This post has been edited by danmooncake: Dec 1 2010, 12:20 AM

i opt to play out. LVS at current value reminds me of the same deja-vu when LVS was at 15-17$. Current price does not justify its value.
They made more buck per share back in 2007 at the same price. $50 today does not even value the same with $25 2 years back... ouch.. reality sucks.

---

Added on December 1, 2010, 12:37 amin for COMMODITY play.

URanium and Silver based only.

Look at your own baby DMC - HL.. from $5 to nearing $10.

---

Added on December 1, 2010, 12:41 amhttp://blogs.forbes.com/francinemckenna/

reading during market break... C could be in danger... BUY @ dip.

I hold no C position..

This post has been edited by zamans98: Dec 1 2010, 12:41 AM

This baby (HL) has grown and left the house.

Closing update: Last trading day of the month: November
Dow 11006 -46.47 -0.42%
Nasdaq 2498.23 -26.99 -1.07%
S&P500 1180.55 -7.21 -0.61%

Decided to sell LVS @ 50.65 during 2nd spike tonight.. pocket some money first.

But still holding one last batch of 200 shrs because of sold $55 DEC covered calls.
I don't think it will hit by Dec 17th but holding this just in case. Don't want to be caught with pants down.
But, if we do get there by, I'll be happy to let 'em go @ 55.

I will buy the dip again (LVS) if we get another European scare in the next trading session.
Maybe the media will bring Portugal or Spain this time.

Still continue to play this range (49'ish to near 51) until something else change.

Btw, look at BAC. Being shorted like crazy because of possible wikileak documents.
Really explosive stuff to come out soon.
http://www.rawstory.com/rs/2010/11/flashba...t-bank-america/

This post has been edited by danmooncake: Dec 1 2010, 07:06 AM

lol, WikiLeaks got no powahhhhhh!

BAC fly.

Finally the old dinosaur C moved +7cts to 4.27, from week low of 4.10... but I'm still @ 4.00 LONG, else watch movie.

Oh Great!

Just after I've sold some LVS yesterday, it surged above 51 pre-market tonight.
Can't win 'em all.

Looks like it may break out of range if we closed above 51 tonight.

Gotta to play the short game later.

This post has been edited by danmooncake: Dec 1 2010, 09:25 PM

ING = 9.42. Duh, was my favorite last time.
Busy hunting STX yesterday. got 300 only at 13.30.

Isn't Seagate going private soon?

ING remain as my favourite now.
managed to enter some yesterday.

Sold CSCO Jan 20 calls for 50c.. really slow poke on this bull day but good enough for $186 profit.

Feels like shorting $SPX now..looks like it is running into resistance at 1200.

This post has been edited by danmooncake: Dec 1 2010, 11:13 PM

Offer was turned down. Now still public. +190$ and counting.

No followers of VMW (Vmware) here? Spectacularly performance, but probably done its dash, for now.

I think still got upside.. will most likely retest 52 weeks high again at 89.18.

Looking at my AAPL calls now.. salivating.

Also, thinking about shorting TCK (my fav mining stock) for swing trade.

Would that be based mostly on technical or fundamental analysis?

Tech only.. if this can chew through the supply side at 85, you'll most likely see a pop to 89.
Anyway, are you a trader or investor?

I do like VMWare. They got great technology (for server consolidation) and their business are growing.
Biggest competitor seems to be from Microsoft and Citrix. Perhaps one day Cisco may compete with them, now they're partner.

Closing update for Green Shoot Wednesday
Dow 11255.78 +249.76 +2.27%
Nasdaq 2549.43 +51.20 +2.05%
S&P500 1206.07 +19.47 +1.64%



This post has been edited by danmooncake: Dec 2 2010, 06:29 AM

Uranium Play is nearing over...

now Titanium... .. as in my avatar.

TIE all d way

---

Added on December 2, 2010, 8:33 pm
Alert Name: US, Bullish

Alert Criteria: Stocks (Any US Exchange); Price at least 3.00 and above the 200-day moving average; Volume at least 500,000; Classic Patterns; Bullish; Pattern Duration at least 35 days; Possible Price Move of at least 10%.

Symbol Exchange Name Event Close at Event Target Price Range Opportunity Type
A NYSE Agilent Technologies Inc Continuation Diamond (Bullish) $36.12 $45.00 - $47.00 Long-Term Bullish
ADTN NASDAQ Adtran Inc Continuation Wedge (Bullish) $32.08 $36.50 - $37.50 Intermediate-Term Bullish
AVY NYSE Avery Dennison Corp Continuation Diamond (Bullish) $38.59 $45.75 - $47.25 Long-Term Bullish
BGU NYSE Direxion Daily Large Cap Bull 3X Shares Continuation Diamond (Bullish) $62.69 $88.00 - $94.00 Long-Term Bullish
CLF NYSE Cliffs Natural Resources Inc Continuation Diamond (Bullish) $70.46 $78.50 - $80.50 Intermediate-Term Bullish
ERX NYSE Direxion Daily Energy Bull 3X Shares Continuation Diamond (Bullish) $48.82 $70.00 - $75.00 Long-Term Bullish
FIS NYSE Fidelity National Information Services Inc Continuation Diamond (Bullish) $27.76 $30.20 - $30.90 Long-Term Bullish
IP NYSE International Paper Co Continuation Diamond (Bullish) $25.49 $32.25 - $33.75 Long-Term Bullish
LPX NYSE Louisiana Pacific Corp Bottom Triangle $8.41 $10.60 - $11.10 Intermediate-Term Bullish
LSCC NASDAQ Lattice Semiconductor Corp Bottom Triangle $4.91 $5.80 - $6.00 Intermediate-Term Bullish
REXX NASDAQ Rex Energy Corp Symmetrical Continuation Triangle (Bullish) $12.30 $14.90 - $15.50 Intermediate-Term Bullish
SWK NYSE Stanley Black & Decker Inc Continuation Diamond (Bullish) $60.44 $76.00 - $80.00 Long-Term Bullish
TE NYSE TECO Energy Inc Continuation Diamond (Bullish) $16.94 $20.20 - $20.90 Long-Term Bullish
TLM NYSE Talisman Energy Inc Continuation Diamond (Bullish) $19.53 $24.50 - $25.75 Long-Term Bullish
TROW NASDAQ T Rowe Price Group Inc Continuation Diamond (Bullish) $59.46 $75.00 - $78.00 Long-Term Bullish
TTWO NASDAQ Take Two Interactive Software Inc Continuation Diamond (Bullish) $11.37 $14.50 - $15.30 Long-Term Bullish
TYH NYSE Direxion Daily Technology Bull 3X Shares Continuation Diamond (Bullish) $40.97 $60.00 - $64.00 Long-Term Bullish
UTEK NASDAQ Ultratech Inc Continuation Diamond (Bullish) $19.79 $22.40 - $23.20 Long-Term Bullish
UTX NYSE United Technologies Corp Continuation Diamond (Bullish) $78.26 $89.00 - $92.00 Long-Term Bullish
VMW NYSE VMware Inc Symmetrical Continuation Triangle (Bullish) $83.96 $98.00 - $102.00 Intermediate-Term Bullish
VSEA NASDAQ Varian Semiconductor Equipment Associates Inc Continuation Diamond (Bullish) $32.75 $41.00 - $43.00 Long-Term Bullish

---

Added on December 2, 2010, 8:36 pm
Alert Name: US, Bullish

Alert Criteria: Stocks (Any US Exchange); Price at least 3.00 and above the 200-day moving average; Volume at least 500,000; Classic Patterns; Bullish; Pattern Duration at least 35 days; Possible Price Move of at least 10%.

Symbol Exchange Name Event Close at Event Target Price Range Opportunity Type
A // NYSE Agilent Technologies Inc Continuation Diamond (Bullish) $36.12 $45.00 - $47.00 Long-Term Bullish
ADTN // NASDAQ Adtran Inc Continuation Wedge (Bullish) $32.08 $36.50 - $37.50 Intermediate-Term Bullish
AVY // NYSE Avery Dennison Corp Continuation Diamond (Bullish) $38.59 $45.75 - $47.25 Long-Term Bullish
BGU // NYSE Direxion Daily Large Cap Bull 3X Shares Continuation Diamond (Bullish) $62.69 $88.00 - $94.00 Long-Term Bullish
CLF // NYSE Cliffs Natural Resources Inc Continuation Diamond (Bullish) $70.46 $78.50 - $80.50 Intermediate-Term Bullish
ERX // NYSE Direxion Daily Energy Bull 3X Shares Continuation Diamond (Bullish) $48.82 $70.00 - $75.00 Long-Term Bullish
FIS // NYSE Fidelity National Information Services Inc Continuation Diamond (Bullish) $27.76 $30.20 - $30.90 Long-Term Bullish
IP // NYSE International Paper Co Continuation Diamond (Bullish) $25.49 $32.25 - $33.75 Long-Term Bullish
LPX // NYSE Louisiana Pacific Corp Bottom Triangle $8.41 $10.60 - $11.10 Intermediate-Term Bullish
LSCC // NASDAQ Lattice Semiconductor Corp Bottom Triangle $4.91 $5.80 - $6.00 Intermediate-Term Bullish
REXX // NASDAQ Rex Energy Corp Symmetrical Continuation Triangle (Bullish) $12.30 $14.90 - $15.50 Intermediate-Term Bullish
SWK // NYSE Stanley Black & Decker Inc Continuation Diamond (Bullish) $60.44 $76.00 - $80.00 Long-Term Bullish
TE // NYSE TECO Energy Inc Continuation Diamond (Bullish) $16.94 $20.20 - $20.90 Long-Term Bullish
TLM // NYSE Talisman Energy Inc Continuation Diamond (Bullish) $19.53 $24.50 - $25.75 Long-Term Bullish
TROW // NASDAQ T Rowe Price Group Inc Continuation Diamond (Bullish) $59.46 $75.00 - $78.00 Long-Term Bullish
TTWO // NASDAQ Take Two Interactive Software Inc Continuation Diamond (Bullish) $11.37 $14.50 - $15.30 Long-Term Bullish
TYH // NYSE Direxion Daily Technology Bull 3X Shares Continuation Diamond (Bullish) $40.97 $60.00 - $64.00 Long-Term Bullish
UTEK // NASDAQ Ultratech Inc Continuation Diamond (Bullish) $19.79 $22.40 - $23.20 Long-Term Bullish
UTX // NYSE United Technologies Corp Continuation Diamond (Bullish) $78.26 $89.00 - $92.00 Long-Term Bullish
VMW // NYSE VMware Inc Symmetrical Continuation Triangle (Bullish) $83.96 $98.00 - $102.00 Intermediate-Term Bullish
VSEA // NASDAQ Varian Semiconductor Equipment Associates Inc Continuation Diamond (Bullish) $32.75 $41.00 - $43.00 Long-Term Bullish

This post has been edited by zamans98: Dec 2 2010, 08:36 PM

I probably disagree with this. IMO, there is no long term for this because of highly volatile and daily decay.
The non-leverage energy ETF like XLE better price target for $70-75.

I think Oil will peak around $90 by end of the year and we'll move back down again to $82-$85 again.
Energy services companies will follow.

http://www.zerohedge.com/article/goldman-r...top-trades-2011

Profit taking at last for LVS -2%, moving ahead of other stocks.
But, not enough pull back yet. Still above $50.

Hoping to buy the dip again at around 49.5

Update: 12am
Back in 49.60... close enough... putting a stop around 49.40.

This post has been edited by danmooncake: Dec 3 2010, 12:05 AM