Sold some longs and added more shorts at 47.. holding here.
Going to cover some if we drop back to low 46. Short term trade for now.

how long the bull market? waiting for the bear market but still not coming.

Need to see a greater -150 to -200 pts on Dow for bears to emerge.

It will come.. nothing goes up forever. Be careful buying at this level,I'm waiting for pull back, join the bull crowd and buy during dip as close to the floor as possible with a stop, then sell the rally to bring in cash flow.
Or wait until the last bull enter.. Then suddenly bears will emerge.

Just wash.. rinse.. and repeat for now.

This post has been edited by danmooncake: Feb 9 2012, 10:33 AM

Tried to short AAPL and it goes higher every day. Almost on most days, everyday is a new record for AAPL.


System bought 100 shares of YOKU at 23.00, forgot to clear it
Now in negative.

BAC is up again. Over its 200 days average. SOMETHING is wrong eh?
8.13 +0.28 (3.57%)

Others TECH Stocks are up
Rambus Inc. 8.24 +0.69 (9.14%)
Spansion Inc. 12.10 +0.66 (5.77%)
Micron 8.16 +0.29 (3.68%)
AMD 7.25 +0.12 (1.68%)
NVIDIA Corporation 16.31 +0.57 (3.62%)
Atmel Corporation -- TANKED after market due to poor result

I got in at $7.42. I am still new in stock market and learning. So you reckon should let go when it hit $10?

What ?

7.43 -0.42 (-5.35%)
Word of advice, avoid NATURAL GAS companies at all cost. Not good profit margin at the moment.
Nat Gas is out of steam for the last 3 years.

See the MOTHER of all NATURAL GAS : United States Natural Gas Fund, LP (Public, NYSEARCA:UNG)

This post has been edited by zamans98: Feb 9 2012, 08:31 PM

Agree with the Natural Gas line of thoughts.. US weather getting warmer, natural gas price will continue to drop.
Oil price will go back up..So, better bet on Oil than on Gas.

Slow melt continues.. but I think the first wave of profit taking and selling will come. The MM will come up with an excuse to sell it down.
Watching this important area: SP 1350-1360-1370 (last year May's high).

It looks like a good investment for long term wise. But I'd most probably exit at $10 if it happens to boost in next few weeks, just my 2cents. They are right gas price is growing slow these quarters lately.

OKAY.
Better swap to tech stocks for a wilder ride.

Good choice.. watch that QQQs.. breakout from 60 last week.
This is going to the moon. Thanks in part to AAPL!!!

Update: LVS breakout buy signal: $52.



This post has been edited by danmooncake: Feb 9 2012, 11:00 PM

LONG LVS?
I'm thinking to short it.

$53 no hit. So sitting back and relax
MPEL tanked a little.

LVS: I think it's going to be dip buying from here.

MPEL: I'm sold some yesterday.. rebought back at low 11.60'is.. going to sell again if it close to 12.

FCX: Same pattern, sold and shorted more at 47.. covered 46.40, long 46.45 (raising stop at 46.15). Band is gettting tight.

Then better choice is the OPTIONS, even a little risky.

MPEL - entry will be 11.
LVS 50

Opps..bad trade.. got kicked out for FCX at 46.15..added back at 46.05..
Putting stop at 45.90.

apple may touch 500 soon, no need next year.

FCX is more and more having the similiar trait like CHina STOCKS - RENN, DANG, SINA, SOHU, YOKU, GUGU??

Good, SHORT 500 all the way. Can't be there will be NO major correction. So far DOG JONES not seeing triple digits down for quite some times, especially like in August to early OCtober 2011
Almost every day down 200-300 points then the next up 50-100 and down 200-300 points.

It could be.. FCX is US company play for China's appetite for copper. Much safer than direct play for Chinese stocks.

you got a point there...
But China stock like baidu is much better than trading options...

apple already close to 500 right now. Looks like it will be reached today or tomorrow!

Good time to short for me. Reminds me of the time Epal breaching of 390-405.