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 US stock discussion v4, Bulls-Bears HUAT AH!! Pigs get slaughter

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danmooncake
post Feb 28 2012, 12:16 AM

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QUOTE(zamans98 @ Feb 27 2012, 11:59 PM)
Bull came and chase 'em away.

Correct DMC - I'm yet to see a strong 3 digits like we saw in September. Daily jaw-dropping up to 400-500 points! WOWWWWWOWW
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Ok,.. both Dow and SPX crept back into green again.. I'm locking in some of the profits here.
danmooncake
post Feb 28 2012, 10:03 AM

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Impressive move for YOKU today... another 2% bump up.

Going to watch for it closely this week for some possible scalp trades. biggrin.gif

This post has been edited by danmooncake: Feb 28 2012, 10:03 AM
danmooncake
post Feb 29 2012, 08:38 AM

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Dow 13005.12 +23.61 +0.18%
Nasdaq 2986.76 +20.60 +0.69%
S&P500 1372.18 +4.59 +0.34%

Dow finally closes above 13K... wow.. yet another milestone indeed. biggrin.gif

US govt printing machines rulez.. nothing can stop them.












danmooncake
post Feb 29 2012, 09:28 PM

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QUOTE(zamans98 @ Feb 29 2012, 10:51 AM)
YOKU moving, so does SINA.

Good for short trade.
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I'm watching YOKU for shorting opportunity.. smile.gif

danmooncake
post Feb 29 2012, 11:53 PM

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Picked up some YOKU Mar 26 PUTs around 2.15
Going to cash out when near oversold condition for quick daytrade scalp.


Added on March 1, 2012, 12:14 amUpdate: Out of YOKU PUTs for 2.55.. 15c x 1000 = $400 minus commissions..
That's it for tonight quick scalp. tongue.gif

This post has been edited by danmooncake: Mar 1 2012, 12:14 AM
danmooncake
post Mar 1 2012, 06:53 AM

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QUOTE(zamans98 @ Mar 1 2012, 05:04 AM)
woot, daring move. Me no touching yet YOKU Options.

GOLD down biggggggg time, thanks to Uncle Ben.
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Yeah, same goes for FCX..(thank goodness for PUTs). All commodities got hit after Ben hinted possible no more easing or back off his plan to hold lower interest rate of US economy showing signs of moderate growth.

Gotta to see how's things going to be by Friday. Looks like top is pretty much here..


Added on March 1, 2012, 10:39 pmMore shorts in play for YOKU tonight. nod.gif


Added on March 1, 2012, 10:59 pmIn some LVS March calls @ 1.85.. too strong to ignore. nod.gif


Added on March 2, 2012, 2:30 amOut of March LVS calls.. 2.60. (up 44%) laugh.gif.
That's it for this week. No more for me.

This post has been edited by danmooncake: Mar 2 2012, 02:31 AM
danmooncake
post Mar 7 2012, 04:28 AM

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QUOTE(learn2earn8 @ Mar 7 2012, 04:18 AM)
individually, the performance SUX  laugh.gif
but overall, its time to cash out & enjoy the fruits of my labour 758%  icon_rolleyes.gif

if u were bullish & takut kena margin call, playing bolehland futures
if playing options in usa, the call option would giv u return of 128%  nod.gif and within 6 months

http://finance.yahoo.com/q/os?s=EWM&m=2012-04
u will notice now the Options Expiring Friday, April 20, 2012
strike $12, call $2.40, put $0.30

http://forum.lowyat.net/topic/2042861/+1660 Post #1671
at tat time the Options Expiring Friday, April 20, 2012
strike $12, call $1.05, put $0.50

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Nice play on those options leaps. rclxms.gif
Unfortunately, I don't have that kind of time horizon for position trade.

Indeed time to book profits and be cautious here.

But, I watching that 50MA like a hawk.. will add more shorts if Dow or SP500 breaks 50MA.
Going to be a long way drop to 200MA.

This post has been edited by danmooncake: Mar 7 2012, 04:29 AM
danmooncake
post Mar 7 2012, 10:17 PM

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They will be shooting off the 50MA tonight..bulls aren't letting this drop due to better than expected ADP report.

Going to see if it can recover the 20MA first.
danmooncake
post Mar 13 2012, 04:38 AM

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QUOTE(zamans98 @ Mar 13 2012, 01:58 AM)
YOKU buy TUDO

http://www.bloomberg.com/news/2012-03-12/y...-only-deal.html

TUDO 38.40 +23.01 (149.51%)
YOKU  32.15 +7.14 (28.55%)
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Holy molly for TUDO shot off like a rocket.. shakehead.gif

But, YOKU -> Baffling.. acquirer also goes up. hmm.gif

This post has been edited by danmooncake: Mar 13 2012, 04:38 AM
danmooncake
post Mar 13 2012, 11:29 PM

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Time to buy some PUTs.. $VIX too low. biggrin.gif
danmooncake
post Mar 20 2012, 10:27 PM

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The pull back to 10ma is here.. so, time for me to cover and go long on SPY as long 138.90 holds.
danmooncake
post Mar 22 2012, 08:44 PM

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China's contracting PMI data really scared a lot of bulls today.. even DAX and DOW futures got big scare but US job claims data is indicating because US economic activities are getting better. Oil price testing 104-105 support level.

Imo, buying opportunity here but with stop loss level below SPY 139

This post has been edited by danmooncake: Mar 22 2012, 08:45 PM
danmooncake
post Mar 24 2012, 12:01 AM

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Buy algorithm kicks in.. , I suspect end of the month rally by next week.


Added on March 24, 2012, 12:07 am
QUOTE(mynewuser @ Mar 23 2012, 10:05 PM)
How long required to recover? cry.gif
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C has rallied over 70% from the lows of 21 since Oct.
IMO, it has recovered... tho not to the 52 weeks high yet.

But, if you've bought at 47.. why didn't you average down when it was
half the price back it was around 21-25 area? hmm.gif


This post has been edited by danmooncake: Mar 24 2012, 12:07 AM
danmooncake
post Mar 27 2012, 09:22 PM

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Futures green again.. bulls wanna to push this madness into April. Fund managers chasing stocks.
danmooncake
post Mar 29 2012, 09:17 AM

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QUOTE(mynewuser @ Mar 28 2012, 06:46 AM)

Added on March 28, 2012, 10:13 pmbtw when I see my china select fund. can vomit blood. keep drop since 2007. how to average down also don't know.
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Which China Select Fund? If it is the one tracking Shanghai Comp. Index.. sure die lah..
China is slowing...2 years going.. Shanghai Comp index being in Bear Market mode.
Good if we can short but can't short in China.

This post has been edited by danmooncake: Mar 29 2012, 09:21 AM
danmooncake
post Mar 30 2012, 02:19 AM

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QUOTE(mynewuser @ Mar 29 2012, 08:57 PM)
Public china select fund.
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PCSF from Public Bank?
danmooncake
post Mar 30 2012, 11:18 AM

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QUOTE(gark @ Mar 30 2012, 10:10 AM)
You can actually...  via FXP - UltraShort FTSE/Xinhua China25 Proshares ETF..  biggrin.gif
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FXP - is actually 2x inverse of FXI.

A lot of people thought it is China.. but infact it isn't.
Mostly are shares listed at HKSE..

Just like the CIMB25..

FXI.. therefore performance actually follows Hang Seng index.

Again, you can't really short Shanghai Comp. Index directly.
danmooncake
post Apr 7 2012, 07:13 PM

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QUOTE(pinkdevil88 @ Apr 7 2012, 01:18 PM)
You have no numbers to justify and you say BAC will shoot up to $15 for no reason?? Do you know what is the EPS for BAC? I have no problem if you have a different view, but how do you justify this?

What is the problem to be obsessed with a SINGLE COUNTER? If you know this company inside out, you will be better off investing in a single company as you know when to take profit and when there is still potential upside. Unless you have a billion dollar then diversification will work for you.

Warren Buffett made most of his money from just a few companies, in fact a few trades. He is a strong proponent of a concentrate portfolio. Taking one of his quotation "Diversification is protection against ignorance". His right hand man, CHarlie Munger said “Wide diversification, which necessarily includes investment in mediocre businesses, only guarantees ordinary results”

If you are so afraid and want to diversify your portfolio, you might as well invest in an index fund to ensure you get exactly the same return on the index. That will be the same as investing in all the counters! Good diversification strategy?

I will be glad to invest in a company that has a high% of institutional holding, in fact this is one of my investment criteria as it will provide support for the stock price. If the share price is being pushed up due to the fundamental of the stock, strong future earnings and low PE ratio, I do not see a problem. In fact I would be happy seeing the stock price rising.
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PinkDevil - To each its own.. Zamans just offering his view. Nothing personal. Anyway, I'm glad you like AAPL. I'm a long time holder of AAPL too. Make me a lot of dough. Love the company, love the products.. but also like the stock performance but it is just a piece of paper. Z is correct. lots of funds are pumping this.. but they're hedging it with lot of other things.

All it takes is just one bad quarter.. you'll see this delicious Apple will begin to fall, just like any other company. Enjoy the ride while you can.. and don't forget lock in your some of profits. wink.gif

Just a heads up guys, I'm out of all my net long trading position for the next few weeks..

Something is brewing up in the bear camp.... laugh.gif
danmooncake
post Apr 9 2012, 09:39 PM

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Short first.. before going long.. tongue.gif

So, imo. Bears must take control for the next 2 weeks otherwise bulls will rampage again.

I would like to see -800~-1000 pts down!!!! At least to Dow 12000 Yeah!! or -100 pts for SP500 (1275-1280). brows.gif

This post has been edited by danmooncake: Apr 9 2012, 09:39 PM
danmooncake
post Apr 15 2012, 08:00 AM

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I'm holding SHORTs from last week all the way.. this market going to drop like flies!
Yeah! tongue.gif

Like to see AAPL drop back BELOW $500. Yeah, that's my price to load up my lorry!



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