GLD today retracing to low 130... but still in daily uptrend zig zag fashion.
Maybe good buy point here with a tight stop 127'ish.

Alibaba is going to be IPO soon at NYSE. Another potential opportunity here for those looking for fresh new stocks.

Someone please unplug the music. Then, they will try scramble to find a chair to sit.

This post has been edited by danmooncake: Mar 19 2014, 04:30 AM

If you like GLD, take a look at some of the miners. There are some very interesting ones making the same
bullish moves like GLD this month.

For eg. I like AUY (Yamaha Gold) here. The pullback here to the 200ma and 50ma worth a small risk buy.

Take a look at MGM if you like LVS. Same pattern here but could be better buy.

GLD = 128
AUY = 9.63

Yellen woke up the bears while she tries to sneak into the trading floor..

Me too. The bulls been addicted to low interest rate, low bond yields and high PE for stocks.

Yellen uttered "maybe 6 months"... after bond purchasing end... as possibly raising interest rate.

That's should put a stop to the musical chair the bulls been playing.

Yeah.. Shanghai composite barely hanging on to 1950.. if drop some more, it can go into death spiral.
Not only China but emerging market getting whacked too.

Russian market big time whacked by western nations.. because of sanctions.
Crazy Putin. He's willing to waste billions just to keep Crimea.

To add to the fuel is fear of interest rate hike. Money going back to US.

There will still be a lot of support and buying until they're exhausted.
So far, no exhaustion yet.

Dips are being bought by new funds as we get closer to end of month.

Let see how it goes next week.

Keeping my premium again for TSLA.... 3 weeks in a row.
I like it!!

Wash, Rinse and Repeat for next week.

I like VIPS and QIHU price action and chart pattern better than BIDU.
BIDU looks like YOKU. Under consolidation.

But, if you're long term investor, I think BIDU will do well.

Yes, I have access to tools that allows me compare and find similar stocks that matches certain patterns, sectors, classes.

Be careful with Gold here... last week, after Fed says possible US interest rate rising,
Gold bears came out and eat 'em.

Hold your tight stops with GLD / AUY .

TSLA getting whacked.. but close to 205 support. This better bounces or I'm out.

Yes indeed. Futures were up but they were immediately sold into the rally.

Sp500 1850 may not hold long.

Only AAPL is holding up...

This post has been edited by danmooncake: Mar 25 2014, 01:09 AM

Still hanging on TSLA here with covered calls.

Got to hold that 210 support line.

Now got a break out... get 'em!

AAPL finally being squeezed out in break out formation.

Let see if it can break out from 550 first..and test the next resistance @ 600.
$50 move at a time.. zig zag every month.

Or.. will it get knocked back down from 550 later. The 50ma at 530 is good support here.
Late buyers will come in..