Though didn't get 134.x last week for SPY, but 135.5 was good enough.
Then, market went up because US jobs numbers. Now, let see if it can test and break 140.
If not, we'll go down again... zig zag games. Love this roller coaster ride.

it's trying to touch 1400 today....lets see what happens.

Also, keep an eye out for LVS.. it's going to hit $40 and if it closes above it, likely it can go higher
and back to the regular trading range $40-$44 prior to the earnings bomb.

This post has been edited by danmooncake: Aug 7 2012, 12:50 AM

it did, but failed to maintain the lead. back to 39.xx

Yeah man, the volume is really pathetic too.
Current range: 35.xx - 40.xx

Tonight, MPEL will report. I don't expect they will beat and I've reduced my position to almost half and cost average about 9.25 now. Sold some cover calls today and loaded some puts for downside protection (if horrible news comes in tomorrow).
Wish me luck.

This post has been edited by danmooncake: Aug 7 2012, 10:04 AM

sup guys

what do u think of MANU IPO?

another potential "list to fail" IPO? lol

Fail? Very likely due to Glazer's.
I 'm seeing $10-18$ range for 1st week. Then again, im just ordinary trader not like some big hot-shot trader here.

may i know how to trade in other country market??

I've dumped all my MPEL holdings when suddenly it surged to 11.xx the next day after earnings report.
Now waiting for opps to re-buy, hopefully another chance around 9.50'ish.
Both SPX and Dow looks pretty toppy here. A small pull back seems imminent.

Also, looks like MANU got listed @ NYSE.. the reds will gone RED for sure..

This post has been edited by danmooncake: Aug 11 2012, 09:59 AM

i miss the fb ship,maybe try my luck with MANU this time haha

Hi, Trading options with ichimoku webinar coming week.

Details here: http://forum.lowyat.net/index.php?showtopic=2467410

The melt up continues

Boring

Give me some volatility

Slow day indeed. Range is getting tighter here. Only 25c to 50c scalping.

25 to 50 cent scalping

The index looks topping now

But...but...but...but the melt up just does not stop

Dont dare to short the market

Time to short again

Halo Sky taikor

Long time no see u here

Joining the us market?

Damn boring here in us market

Everyday melt up in overbought territory

Frack!!.. Small range - low volatility, difficult to make money.

I think Uncle Ben armies are playing this market in stealth.
Every time we tank, they went in and bought this market, holding the support.

Maybe got to try to short the out-of-money options here for August.

This post has been edited by danmooncake: Aug 15 2012, 05:25 AM

Been slow 2 days @ NYSE.
Apple keep revving the engine as iPhong5 cuming out.

Fb hellgate open

At least some action here

Took another nice profits at MPEL 11.50.. scalp trade for LVS only @ $41.
Market is very toppy here.

Need to get some shorts very soon.