No game for me tonight.. just staying sidelines and watch.
But, I do hope for more bears... let them do the carnage till mid next week so I can pick up some ikan bilis at the next floor.

Got da mini groupers!!!!

Darn.. mike.. you're still in SUNE?

I shoulda kept this but took profit too early in April.
I need it to come back down below 27.

Ya.. no choice - mini grouper also must sapu now.
Thurs or Friday evening, I think we're going to get some news from OPEC.
You know these guys, if they announce same or higher level of production because they want to keep
market share, crude oil price will tank, which could also affect the oil services sector.

This post has been edited by danmooncake: Jun 3 2015, 09:44 AM

Oh well... if AAPL goes up another 20%.. I still won't sell it.
It's going to long term hold for me.

I tried to sell the calls last time, ends up mis-calculated and they took it away because it closed higher during expiration.
Had to buy it back a few bucks higher the following week. Darn..

This post has been edited by danmooncake: Jun 3 2015, 10:32 AM

I just wish they would at least up the dividends.... ceo T.Cook.. too cheap.

This post has been edited by danmooncake: Jun 3 2015, 10:38 AM

I added a few and my comments in blue in there.

This post has been edited by danmooncake: Jun 3 2015, 09:45 PM

The casinos/gaming are fighting back.. but I think there is floor at this level. LVS seems to be bouncing back too.
But, overall, they're still range bound.. almost 1 year.

Here's the thing... I think I mentioned this before. Crude Oil and Oil services stock doesn't go in tandem.
ERX/ERY is the 3x leverage of XLE. So, you need to watch XLE. XLE is the Energy/Oil services sector (not Crude price).
The Energy/Oil services sector (the actual companies that do the drilling,processing and distribution) -
they may or may not follow crude price or sometimes, they're (or usually) late to follow.
Therefore, if Crude price goes up.. then it will give you some time to buy and own the oil companies now because earnings
are reported much later.

Didn't trade much at all this week - since have travel back to Msia mid week to see family members.
But, took advantage of the awesome rate 1 USD = 3.75, 1 SGD=2.75... to get more cheap Ringgit.

Waah... my nasi lemak is cheaper (after conversion of course!)

This post has been edited by danmooncake: Jun 7 2015, 08:52 AM

General market also bleeding since last week.. but I think it's another chance to load up again.
We're down to 3%-5% pull back now. The funds are getting ready to buy again.

No grouper dinner this weekend. Only Nasi Lemak tapau...

Did anyone find their grouper this week?
All I see these two days are tiny little tadpoles only.

Perhaps, need to go the other way.

Tonight, Auntie Yellen will appear with her group report after FOMC meeting.

Rates hikes in 3 months? Yes or no?

This post has been edited by danmooncake: Jun 17 2015, 12:44 PM

Got the grouper... not big but it is one. Right out of the gate, XLE pops to 78... and I flushed it.
Took two days (from 76) from that little fingerlings to turn into a fish.

Good enough for now.

I think it is range bound now.. somewhere near the 78 level is my sell, below 77 is the buy spot.

The Greeks will be punished kau kau if they exit Euro.
What will they do? Go back to drachma? Who wants to take drachma from them?
Going to end up like Zimbabwe currency.

I'm wanted to get back in but didn't hit my price at 75.75 (too low).
Probably Monday. Let see how the Greece fiasco will work out.

Anyone playing China? Bears raid has begun.... Friday prices fell below the last raid on May 29th.
I think aunty/uncle investors are getting their butts kicked there.

Tonight got lots of grouper meals right at open.. so better get the rods and net ready to fish them out.
I think it may not last.