Oh man.. FB is indeed very strong. This is a must buy if it dips.

That gap area would be nice spot.. but I'm probably going to wait a longer here.

Sold FB weeklies 35 PUTs for 40c per contract. Willing to take 500 shrs at 35 by Friday if it happens,
otherwise I keep my $200.

Wow... lots of buyers for FB indeed.
I'll get some if it can come back down later.


Anyway, AAPL got to my price target: 455. I'm cashing out.. ka ching!

Going to JB for dinner and shopping this weekend!

Not sure about abalone.. tired of that already.
Gimme claypot fish head curry and tiger prawns anytime!

It's may be difficult to pick and buy when everything is already made its run at this level.
Even the revised GDP numbers are giving the bulls to stay long here, nothing much on bargain.

Maybe FOMC minutes may give us the chance with another taper caper fear later.

This post has been edited by danmooncake: Jul 31 2013, 08:47 PM

Sure.. but it needs score another 50mln in iPhone sales first for next quarter.

The consumers want: cheaper iPhones for developing market and Phabet (bigger screen).
Come 'mon AAPL, what are you waiting for?

Less bad is good for them.

Anyway, I'm in cash tonight and waiting. Probably no more trade till next week.
Like see the VIX moves up a little so that I can play the short side.

Initial claims down.. seems to be supporting ADP numbers. Futures up big.
Wait for big job numbers tomorrow.

Oh man.. yes indeed.

Going to keep my $200 tonight.

SP500 = 1705..

Feels like volcano going to blow here...

This post has been edited by danmooncake: Aug 2 2013, 02:18 AM

DELL finally got the buyout deal. C.Icahn wins!
http://finance.yahoo.com/news/dell-buyout-...-105304600.html
13.75 plus spec. divi 13c


Anyway, jobs numbers tonight to expect to beat:
185k or higher for non-farm payrolls, UE: 7.5% or lower

Let see how it goes.. in about 30mins.

Nonfarm:162k (less than expected), July UE:7.4% (vs 7.5% June), Participation Rate:63.4% (same)
Private sector: 161k
May and June payroll revised downward 26k

July UE number is the lowest so far.

Futures staying flat...

JASO dip BUY alert: 8.75, stop: 8.55

Yup.. 460 above my sell price. I'll wait and see for this one.
Better be safe than sorry later.

The market won't let you get there.. the machines will front run by dumping @ $799.

Best way to is open a direct trading account (online) from the US brokerages: MBtrading, TDA, Option Express, Scott Trade, etc...

I like TDA (Best tool), Mbtrading (cheapest commissions), Scott trade Options..

No sure about how the local brokerages like HLeB, m2u and Jupiter works now for trading US stocks.. but in the past (you can search from v1.. v4), there were people who reported that they face issues like expensive fees (kena twice, one local+one foreign), slow execution and limited trading (can't short, no margin) capability.

Options required you to have $25k margin or higher. Most local platforms don't have good exchanges that can interface directly with CBOE Exchange for the speed. Better use Option Express or some other US brokerages for direct access. Even options also have different access level. Diff level must have different margin account because options are highly risky.

Also, in a today fast market, one must not use local broker that depends on human remisier to do any US stock trading.. this is bad choice.

It takes time to setup US account. Don't wait till last minute and expect to send application and expect acct to be setup immediately for trading.
Start early, plan the process, and you can save a lot money (especially remitting funds via snail mail).
Never be in hurry to trade.. the market is always here. Good luck!

This post has been edited by danmooncake: Aug 5 2013, 09:40 AM

Sold the 450 Puts. Hoping to keep the credit by Friday.

I would not chase. That's why I sell PUTs. If I don't get it, that's ok, I keep the credits.

Yup.. when there is a sudden storm.. everything its in way will come down.
Better be safe than sorry later.