Still waiting for LVS to break 40 before I load her up.
DANG is impressive.

Good idea. If LVS drops to $40 it would be a good buy indeed.
Heck, I may even try to sell 40 puts tomorrow to try get some premium on the way down.

What's cooking with DANG? Huge erection because of the possible e-book project?

yup,fast erection. LOL. Luckily it does not cum.. Hope to see the ejaculation at 7~8$.

LVS is under my radar now. $40 is my entry price, normally that is the price range where MM will support.

im researching new airlines stock (PNCL).

Wow somrething not right after all......europe chiong......us future green green

omg! run for your life!!

Time to SHORT even more..

Hopefully back to thanksgiving support again

damn my short @ 1249 under water liao!

Don't worry. 1249 is the middle, and it will cross it over again because we're still in this trading range 1225~1265.

Closing for Friday Dec 9th
Dow 12184.26 +186.56 +1.55%
Nasdaq 2646.85 +50.47 +1.94%
S&P500 1255.19 +20.84 +1.69%

I didn't make any trades overnight. Enough winnings for the week already after Thursday.



This post has been edited by danmooncake: Dec 10 2011, 05:42 AM

Yeah i hope 1268 wont break if not SPX will test 1290 level.

LVS maintaining the run.
YOKU as well.

DANG ejaculated and cum early pre-opening. Dang it!, i'm Still in red for Dang

One day up

One day down again

Good evening,

Happy Monday, I hope. Anyway, market got two weeks to make the year end run. Will it do it?

Market looks weak or flat at premarket but for some reason, I'm feeling bullish rather than bearish this week.
So, I'm looking forward to buying dips.

Note to danielc156: Watch your 1249! Chance to lock in some profits!

This post has been edited by danmooncake: Dec 12 2011, 10:35 PM

Woohoo currently 1236 level......hoot down somemore

Nice! Don't you love it? Market now is bi-polar.

Just buy dips you win. Just short that rally, you also win.
I think as long it stays within this range (1220-1265), both shorts and long can win.

But don't go shorting around 1220 unless you truly think it will fall through that floor.

Closed 1234

Nicely done!
SPX now at the neckline of prior low of last Thursday (~1232). Let see if this hold.

Update:
Market in low volume decline (SPX 1228 area). So, I'm buying the dips here.
LVS: Long 42 Jan calls, Short 42 Dec puts, LVS trading at 42.35

Closing for Monday Dec 12th
Dow 12021.39 -162.87 -1.34%
Nasdaq 2612.26 -34.59 -1.31%
S&P500 1236.47 -18.72 -1.49%

Last hour, Dow rallied 80 pts from the lows. Seems to be quite a few bargain hunters there.

Holding on to my LVS puts and calls spread.




This post has been edited by danmooncake: Dec 13 2011, 08:28 AM

Found some Interesting article

Quek Leng Chan’s bet on the US airline industry has proven to be a costly gamble after AMR Corp — the parent company of American Airlines and regional carrier American Eagle — filed for bankruptcy protection in late November.

Just three months after Quek bought a 7.3% stake in August, the value of his original US$92 million (RM290 million) stake plunged by as much as 93% — from the US$3.78 share price level to a historic low of US$0.26.

Lost 93% LOL

I will cry out loud

It would be interesting to see if he would sell his stake. Nothing is loss until he sells OR he could
buy more, be a majority stake holder and just own that airline entirely. It will be real odd to see Malaysian
running American Airline versus running their own domestic airline.

Airline is really tough business in USA. Rising cost of fuel, labor and endless regulations to abide by.
Most business people now travel less and use technology more for supplementing face to face meeting.


Update Tuesday evening:

SPX spikes to near 1250, that's short term resistance and bearish divergence.
I've closed out my LVS Dec 42 puts by buying it back at 50% discount.
Re-selling it again at 55c. Hopefully, this will go to 1c by this Friday.

Closing for Tuesday evening
Dow 11954.94 -66.45 -0.55%
Nasdaq 2579.27 -32.99 -1.26%
S&P500 1225.73 -10.74 -0.87%

Darn.. got stopped out from my Dec 42 puts. Gave back that 50% discount today.


This post has been edited by danmooncake: Dec 14 2011, 11:26 AM