FB's recovery surprised me. Is this part of the stabilization process? Or is it really investors' bottom up fishing? 100x, I'm confused.

Never guess where share price is going. you will be surprised

FB seems to have bottom around $25.52 (June 6, intraday low). Since then,
it's been forming lower highs... higher highs.

So, good spot to trade around here ($25..$32). If you're long, draw a line and put a stop
using the prior day low to manage your risk.

If you want to be long and didn't participate, I would wait till it falls back to the 20dma (currently at 28-29)..

Good luck to all!

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Added on June 19, 2012, 8:59 pmGuys,

My buy alert flashes for AAPL, PCLN and AMZN. Also, watch for breakout for GOOG..
The techs (QQQ) are leading up this market.

FOMC mtg this week.. $SPX target is now 1350.



This post has been edited by danmooncake: Jun 19 2012, 08:59 PM

i not dare to play this one. now the price is kind of at the middle, hard to judge. if it goes below 20 or above 35, then easier.
bank stocks are the most volatile one lately. you didn't play those? long short long short like that.

Fagbook is on amazing mini-bull. At $32 I will short .

LVS moving, darn this stock hardly wanna break below $45

$SPX at 1363.. getting into overbought territory on intraday. Going to ring my cash register here for quick scalp.

If tomorrow Fed didn't give enough drugs to the market, that would be very scary.
So you plan to sell all holdings today?

This post has been edited by yok70: Jun 20 2012, 02:47 AM

Nope.. 1/2.

wise.

Ka-Ching..Sold into the Twist dance...

Grats Grats!

my YOKU, APPLE and DANG hit trailing stop.

SOLD into strength.

SHORTs are in play.. time to ride down with some PUTs.

Looking for $SPX 1320 - 1325 to exit in next few days.

can achieve by today if not tomorrow.

come on ....! lets twist again, like we did last summer...

LOL! I love this song! $SPX ~ 1328... almost there!!! Come 'mon baby.. twist it baby!

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Added on June 22, 2012, 5:13 amKaChing!! 1325.. target reached!! Within the same day!
Didn't expect that.. but thank you Mr.Market Manipulator (aka. Moody)!

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Added on June 22, 2012, 9:19 pmTime to play the dirty banks.. going to try to trade some MS here.
Charts looking attractive!

This post has been edited by danmooncake: Jun 22 2012, 09:19 PM

you want to long banks?
lvs seems price low but RSI raising. good to enter?

I'm like LVS but like it better when it is in this area: 40.xx to 43.xx
Let see where LVS is, if $SPX retrace back to 1305-1315 area.

Yes, I want to trade the banks.. they so bad.. but they're good.
Trading for MS for shits and giggles. Sideway movement.

Market is boring tonite.....

I think there're plenty of trading opportunity.. a bit of a bounce up today on no new news.. but i think
time to lock in some profits and hedge some. Next week, I looking for one more major move downwards into 1305 area.