My core holdings used to be FAS. I got scared out of the trade after months of being long last month as the FAS hit lows it hasn’t hit in awhile. Also lost alot of money so I had to bail. I will be dabbling here and there by selling naked puts [...]
Continue reading about AAPL and GOOG are now my core holdings
If you follow my blog you may have noticed that I haven’t been posting the last couple of days. That is because I have not been feeling that well. I think I am on the verg of getting the flew. You know where your kind of achy and just feel miserable with [...]
I am back long the Ultra Real Estate ETF (URE). I tend not to trade stocks that I lost money in the past but if I would of held my original position, I would be making money, I was impatient.
I sold my FSLR call spread and called it a victory. [...]
I’ve been saying all along buy on the dips, but yesterdays selling was so intense I was selling everything myself. We haven’t seen selling like this since last September. The NYSE Ticks were pegged below -1000 for a majority of the downdraft. I sold most stocks but failed to sell my biggest [...]
Continue reading about I expected a selloff, but not like this…
Well folks, this is what we are waiting for. The S&P’s seem to be hovering slightly below the 38.2 retracement which is 1017 and sitting on the secondary trend line in this uptrend. I don’t think that it will remain here. I am expecting a close above this level. So I [...]
Continue reading about The market has dipped, therefore I am a buyer
I can never seem to post on Friday’s. I guess it is because of the weekend and even though I do not do much, I have plenty to do. Does that make sense? Well anyway, on Thursday I brought into the AIG hype and brought a Jan 55 Call for $9.90. [...]
I brought a small position in First Solar (FSLR), trying to play for the bounce. If it can get above $129.50, I will buy more. I am out below $119.50.
I added to my Apple (AAPL) position on this mornings drop, but it appears that we are getting an afternoon drop also. If [...]
If you follow my blog you would of been informed, by me of course, that the market would be higher today. The charts were looking exactly like the head and shoulders pattern that was supposed to happen but failed. The existing homes data was outstanding. Options expiration also is playing a role [...]
After China officially going back into a bear market with a 20% decline in the past 2 weeks, you figure our market was due for a huge selloff today. Futures closing at low and market gapping down 79 or so points on the Dow. Then out of now where, the market comes out [...]
It’s been a couple of days since my last post, and for the 1 or 2 of you that read this blog, I am sorry. I’ve been busy trading the ES mini’s and losing money. It’s almost like an addiction. Straight up casino style gambling, although there are times to obviously trade [...]
