FCX --- hmm. Will look into it. Thanks.

may i know which securities u guys use to trade US stocks in m'sia?

http://forum.lowyat.net/topic/1476526

Its all there. Ain't going to repeat.

A bit of profit taking here using Greece as excuse again.
But, I think this slow melt up continues..

Watching FCX, and LVS ( ...) and also $SPX (1325-1330 support or buy point).

FCX = plot using the 60m chart, Flag formation but watch that 50 ema line
(stop loss=45).


This post has been edited by danmooncake: Feb 6 2012, 11:23 PM

me keeping a close watch on YOKU. What a run today.
It been wild for the last 7 trading days.

LVS sold at low point TS HIT the brake... duh!

Now ZERO position with cash.

Looking forward with FCX and MGM..

No one buying apple? It just started selling "officially" in China last month. Isn't that a huge upside potential? Or you think it's not gonna be that fast?

Nah, I skipped Apple for almost 1 year now.
better options out there.

You can even look at NOKIA (NOK) or RIMM (Still a fund manager favorite)

http://www.cnanalyst.com/2012/02/top-10-mo...eb-05-2012.html

3.73 +0.74 (24.65%
2nd straight day rising.. DUH, why I forgot this one.

NOKIA?! I thought it's a dead horse already? Cannot see any business opportunity for it yet. It's heading to a dead corner.

I've been eyeing Apple for a year now. Watching it goes higher and higher and still hesitate to buy since worry the heat may cool down from peak. However, the heat is still there now. And again, I'm still hesitate.

I'm eyeing Nokia's options, not the mother share. There is still HOPE for NOKIA.

Haha. Then why not buy the OPTIONS, the cheapest entry to it?

Buy 1 lot enough ma.
So what's your take on APPLE in JAN 2013? 500$? 475$?
It was just $5.00 last 2 months
500 call options

Check the spoiler

Holding some mother share of AAPL. Not holding any options after breakout of 425.
I'm looking for some opportunity to buy some puts later. Not now.

This slow melt is continuing. SP500 wants to break out from 1350.. so gotta to watch for it.
Riding FCX, looking for opportunity to re-enter LVS. Might want to scalp some MPEL as well.

Looking at energy sector as well.. Brent going up, WTI going down. Spread is widening.
Something big about to happen.

This post has been edited by danmooncake: Feb 7 2012, 10:29 PM

Melting pot FCX YOKU

SINA doing great yesterday, an early sign for FagBook craze!

If Nokia finally agree to sell Android phone, then I will start putting it back to my watch list.

It's a tough fight for Apple with Android phones now. About the same market share with Samsung alone (22-23%) for now, as Android's users are still increasing. Apple is no longer a "premium" brand to "show face" since it is consider affordable and on par with other brands now. However, if the China fever works out fine, I think even $600 is not a problem by JAN 2013.

What do you guys think about XCO?

Stocked up some of it last week, looking pretty positive, now still at the low point of 52w, pretty good stock for long term imho.

I bought some Kodak too before it got into Pink Sheet

LOL...kodak...really bad luck there

Yeah, I am hoping XCO can go up to $12-$15.

I wanted to buy Logitech too last week but not enough money

why not enough money eh?
you can get financing from the broker lor.

MBtrading.com > auto limit x2 of my cash.
of course you pay the interest monthly..

But looking at the trend of gas's price right now, looks like won't getting so much higher any soon.. but their earning conference call is this 24th feb, hopefully can shoot until 10 within this month, I got it with 6.91, you?

---

Added on February 8, 2012, 8:46 pmdoes all the online broker website charge cheaper? I'm with OSK right now

This post has been edited by tzyy: Feb 8 2012, 08:46 PM

With the recent FCX price movement in small price range, I've been holding two trading account accounts: Long and Short.
Long below $45.50.. Short above $46.50. Working out well so far.

Also, with the recent FCX dividend boost news, I'm going to change my strategy to start accumulating mother shares of FCX for options trading. Looks much better than US treasury indeed. Selling out cover calls or shorting puts - bias is currently sideway to upside.

General market is melting up with low volume. Testing 1350 here..Puts are getting cheaper. Volatility is low. $Vix is low.
SP500 floor is around 1320-1325 now. I think big boys in control want to take this up to SP 1360-1375 area before hitting it with a sledge hammer. Let see how it goes..

This post has been edited by danmooncake: Feb 8 2012, 09:54 PM

almost more than 6 month no access to my sogotrade. still can access?

no idea bout SOGO. Normally idle period for USA online broker is 12 months continuous no trading.

FCX popping...