Greeting Friends,
Last night I entered V Call 65 Aug 09 at 4.1
It's a late night trade (not a late night shopping), so I haven't had a chance to post it.
My trend still bullish for short term.
That's all folks
Have a nice trade
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Tuesday, July 28, 2009
Saturday, July 25, 2009
My Review for next week
Greeting Friends,
My next week review, seems that market will continue to rally.
So if a gap down happen next week (especially on Monday), I'm gonna look for the fade move.
I have a call position on PRU and already take a 50% profit, and I will trail the rest of it.
Anything comes up on Monday, I'll post it asap.
I'm in Surabaya right now...
Have a nice weekend.
My next week review, seems that market will continue to rally.
So if a gap down happen next week (especially on Monday), I'm gonna look for the fade move.
I have a call position on PRU and already take a 50% profit, and I will trail the rest of it.
Anything comes up on Monday, I'll post it asap.
I'm in Surabaya right now...
Have a nice weekend.
Thursday, July 23, 2009
Market Review
Greeting Friends,
Yesterday the markets paused near the 950 SPX resistance area for the second straight session. A small gap down faded and prices spent much of the morning chopping higher but then tapered off in the afternoon. The doji bar could set us up for a move today one way or another and all things being equal I would normally look for a pull-back but another slightly better than expected round of earnings last night could send us higher once again. The longer we can’t break through this level the higher the chances that we fail again.
So I'm gonna look for upside move today.
Have a nice trade
Yesterday the markets paused near the 950 SPX resistance area for the second straight session. A small gap down faded and prices spent much of the morning chopping higher but then tapered off in the afternoon. The doji bar could set us up for a move today one way or another and all things being equal I would normally look for a pull-back but another slightly better than expected round of earnings last night could send us higher once again. The longer we can’t break through this level the higher the chances that we fail again.
So I'm gonna look for upside move today.
Have a nice trade
Monday, July 20, 2009
Market Review
Greeting Friends,
The markets capped off a strong week last week with a doji day on Friday. It was a narrow flat range all day for July’s Options Expiration day but the fact that no gains were given up still has to be bullish in nature. The only problem for the bulls is the 950 area on the SPX which is strong resistance but if we can break through that than we are looking at an extension to the previous 4 month-long rally. My upside targets after 950 are Fibonacci retracement levels on the monthly chart, 38% is 1013 and 50% is 1120 respectively.
I'm gonna watch for PRU Call 37 Aug 09
That's all folks,
Have a nice trade
The markets capped off a strong week last week with a doji day on Friday. It was a narrow flat range all day for July’s Options Expiration day but the fact that no gains were given up still has to be bullish in nature. The only problem for the bulls is the 950 area on the SPX which is strong resistance but if we can break through that than we are looking at an extension to the previous 4 month-long rally. My upside targets after 950 are Fibonacci retracement levels on the monthly chart, 38% is 1013 and 50% is 1120 respectively.
I'm gonna watch for PRU Call 37 Aug 09
That's all folks,
Have a nice trade
Thursday, July 9, 2009
FAZ Trade Again
Greeting Friends,
I already take out some profit (about 35 %) on FAZ Call 4 Aug 09.
I'm looking to enter another FAZ Call 5 Aug 09 (already place an order at 1.05) or SDS Call or FAS Put.
That's my candidates to watch for this week.
That's all folks,
Have a nice trade
I already take out some profit (about 35 %) on FAZ Call 4 Aug 09.
I'm looking to enter another FAZ Call 5 Aug 09 (already place an order at 1.05) or SDS Call or FAS Put.
That's my candidates to watch for this week.
That's all folks,
Have a nice trade
Tuesday, July 7, 2009
My Trade on FAZ
Greeting Friends,
I enter FAZ last night Call 4 Aug 09 at 1.4
No Stops, sell half at double.
I enter FAZ last night Call 4 Aug 09 at 1.4
No Stops, sell half at double.
Monday, July 6, 2009
Potential Trade
Greeting Friends,
I'll watching for FAZ, SRS and SDS Call Options, and for FAZ, I'll be looking for the stocks also.
For today, I was looking for bounce back. And if we do that then I'll be entering for the candidates I mention up there.
For this week, I'll be leaning on bearish mode.
That's all folks, Have a nice trade.
I'll watching for FAZ, SRS and SDS Call Options, and for FAZ, I'll be looking for the stocks also.
For today, I was looking for bounce back. And if we do that then I'll be entering for the candidates I mention up there.
For this week, I'll be leaning on bearish mode.
That's all folks, Have a nice trade.
Thursday, July 2, 2009
Preparing for bearish bias
Greeting Friends,
I'm preparing for bearish bias. There's a big possibilty this month is the crucial month for the market to go back to bearish mode. And it's a quite possibility that BM will go down below the lowest on March 2009.
I'm gonna watch for FAZ Call and SRS Call.
That's all folks. The market will closed on Friday. So I'm not going into any trade tonight unless, market make a reversal from tonight opening to close on positive teritory, then I'm gonna go with FAZ Call or SRS Call.
Have a nice trade and talk to you soon.
I'm preparing for bearish bias. There's a big possibilty this month is the crucial month for the market to go back to bearish mode. And it's a quite possibility that BM will go down below the lowest on March 2009.
I'm gonna watch for FAZ Call and SRS Call.
That's all folks. The market will closed on Friday. So I'm not going into any trade tonight unless, market make a reversal from tonight opening to close on positive teritory, then I'm gonna go with FAZ Call or SRS Call.
Have a nice trade and talk to you soon.
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