Which one? US? or Malaysia?

US housing bubble already deflated... now re-inflated again to normalcy.
Certain markets still deflated. Housing in US is cheaper than in Malaysia.

Touched 426.40 as support but lowered than yesterday. Initial buying didn't bring this up.
Sold some 450/455 calls just to scalp some points for this weekend.

You can sell the 400 PUTs now for $1.50 and collect it while you wait till April expiration.
If it closes below $400 by April, you get to own it, otherwise you keep the credits.

These two days short term bottom at 425/426 is interesting. Looks like short term support is in.
Upside resistance at 440. Break above, it can zoom to 445.

I think it should hold.. otherwise I'll get stop out when it gets to 450.

This post has been edited by danmooncake: Apr 3 2013, 10:02 PM

Havoc,

Hopefully, you made money last week.

Tonight, NFLX floor finally cracked and riped for shorts! Going in all PUTs in the next leg.

Yup... it feels like it.
Also, war is coming... N.Korea threatens to blow up S.Korea, Japan and US.

This post has been edited by danmooncake: Apr 4 2013, 06:32 AM

Waa... very close to bear market territory for Gold!
Tonight, more downward pressure for commodity.

Didn't short AAPL.. should have hold some yesterday after the fake rally.

All out PUTs for NFLX.. this is a classic. Lots of empty space below later.

It is dangerously close. The index GLD already fell below 150 intraday briefly.
China is dumping commodities.... putting lotsa pressure on miners incl.precious metals.

Market been waiting for excuse to sell off.. and so it begins with the bad job numbers.
Let's ride this down and see how far it can go. Uptrend still actually intact.

Panic sellers go in early trading.. now, tapering off. Bargain hunters coming back in.

Nice dip for LVS and MPEL for gaming stocks. Got some MPEL instead.
NLFX holding above 160.. covered my Puts and locked in gains.

AAPL holding 421'ish low steady. Looking for calls on Monday if this hold.

SP500 could test one more dive to 50ma 1530-1535.. nice spot to buy maybe next week.

Dunno.. Monday we will know.

The last 30 mins really a shock factor..MM took it down all the way to 419.68 to shake the tree..make that a double bottom,
then push it all the way back up 423 to close. Huge volume too.

Market going red on start of earning week.

AAPL holding here... still no confirmation to go either way but leaning towards PUTs for intraday trade at 426.
Closed out all PUTs for NFLX... worked out nicely.

Watching both LVS and MPEL. MPEL is going to buy on the pull back.

Yeah.. if you can't day trade, don't buy and hold yet. Not even safe for position trade (multiple days).
But ok for swing trade using options.

Selling out of money calls or puts spread or just playing naked PUTs for now. Still bearish looking.
It is forming consolidating between 420 and 425.. need strong volume above 426 before can be safe.
Bearline still above 426.50 but coming down to meet up with the price.

You guys so funny... Going to Holland? Though, I heard actual Holland is very nice. Like Paradise.
Lots of 'scenic' and 'beautiful' things to look at.

Very interesting thing about HLF indeed. KPMG resigns itself because of possible conflict on insider trading based on information from HLF.. stock halted pending news. HLF halted itself from trading because of this news.

It's still ICAHN vs. ACKMAN on this thing. Pretty dangerous to trade this one.


As AAPL, it's still trying to find a base here at 420'ish. Doesn't matter if it suing Samsung or not, but earnings estimates are coming down already. Last quarter supposedly to be the biggest and best opportunity for AAPL to reverse its trend but failed to do so. So much for their biggest quarter. This quarter is going to be a dismay one because all the holidays buying already gone and they've lowered down the prices of the iPADs, reduced production of the iPhone5 and preparing iPhone5S for next launch.
How many users are willing to pay up for the likes of the latest version which only has a little improvement?
Competitors already offered better phone features like bigger screen and NFC capability.

For some fun and giggles... I'm playing some out of money calls and puts for AAPL (Iron Condor).
AAPL must close between 415 and 440 by Friday.. then I'll keep my credits.

Waah.... AAPL broke out from the declining ceiling 428, rallied all the way to 435.
Two more days to go.. dangerously close to 440 ceiling here.

US equities on fire! Hot Japanese money coming in.. Gold tanking again.

This post has been edited by danmooncake: Apr 10 2013, 11:58 PM

With tonight surge, I think we can safely say 419/420 is double bottom here.
AAPL will report in 2-3 weeks time. So, it'll probably run up to around 460-470 by then before another big move.

IMO, time to get some here on any pull back and stop at that 420 level.

Be careful when you initiate the buy or sell.. now on the 5m chart, it's pulling back from the highs 435.
Support should be around 430-431 for now. Good luck!

Indicators are on calls side now.. or just short PUTs.

I've moved my condor to 425 to 445 range now. AAPL moving up fast today with all the hot money rolling in. They're saying Japanese dumping Gold and putting into US equities. YEN dropping and USD and market going up.

Can't stay away... getting sucked back in. Arghhh...

That's how about right...in line with the general market. It's is up already 8-9% for quarter and normally that's the full year earnings.
The 2nd to 4th Q - lotsa of people expecting to be slower or at most another 3-5% tops.
As usual, May-to-July will be the expected selling months for rewinding.. let see if this will happen or not since now Japan has jumped into the money printing game and doubling the liquidity.