Two more days.... to go for me.
Come MM, keep TSLA under $260.

Got some BAC after the BUY alert fired off.. breaking out here.
Coming out from bear wedge.

The financials only beginning start to run.. let see if it can take SP500 higher or not.
The bulls can't run without the financial sector participating.

The jobs numbers are good... full steam ahead for bulls.

Darn, you're right..,FCX (copper miner) dips back to support level. Looks like a good spot here.

But didn't seem to affect other Chinese solar stocks. Perhaps one less competitor.


Looks like the market didn't want my TSLA at 260. So, I'll get to keep it, I'm going to try it again for next week.
Love these options...

FXI?

I think at the bottom (33.46) of the cup/saucer should hold. But, put a stop slightly below it to manage your risk.

FXI is being compressed..(squeezed formation) just need more volume for it to jump over that
resistance line at 36. That 50ma line crossed below 200ma two weeks (that's bearish) but price action
is slowly ticking up. Buyers are accumulating here.

Interested in playing XPP (2x the bull speed of FXI)?

Sold 250 calls for this week. Let see if I can continue to keep the shares.

FXI got smacked down again today because of China..

But, low risk buy here if you keep a tight stop.

Retracing a bit.... are we ready to wake the bears?

More weakness for TLSA tonight.. darn NJ state banning direct sales.

I got my tight stop at 220... hopefully, it will hold till end of this week.

FXI at the last support level... 33.50.

I'm playing XPP.. trying to sell the 43 put. No takers yet.

I've not look at Bursa's CIMBC25 for quite a while. Have to compare with the US's iShares FXI or MCHI?
Do they look about the same? I don't expect 100% match due to different expense ratio but wondering if they're about the same over longer period.

They finally took my XPP 43 put tonight...
Going to see if they will give it to me within 2 weeks...

This post has been edited by danmooncake: Mar 13 2014, 11:55 PM

Bears are awake!!!

TSLA 230.. exactly this week. Got my premium but the retraction of 15 pts doesn't make me feel good.

Still holding but if it drops below 220, I'm out. From 260 to 230, 30 pts decline within 2 weeks, eventho my
cost average is lower, the premium gain wasn't good enough to compensate for the 30 pts.

Darn.. hopefully, it will stay here (higher than 220) otherwise I'll have to lock my profit.

As in GLD (Gold)?

Bullish. On its way to 140.

Gap up... sell into it.
Gap down... buy into it.

I have a feeling market may puke big in the coming days... be careful here.

This post has been edited by danmooncake: Mar 18 2014, 02:41 AM

You know... I've been thinking about "allright, good night" words uttered by that pilot.

Feeling same errieness .. about the stock market here.