Archive for the ‘Short Term Plays’ Category

Some options: January 27th, 2009

Tuesday, January 27th, 2009

I have re-entered the options game. Here are a few I have bought so far today: 1) Caterpiller February 35 calls 2) Visa February 45 calls

Thoughts for the morning so far: January 26th, 2009

Monday, January 26th, 2009

I am still bullish. Is he mad?!?! The S&P continues to sit in no man's land, but technicals do point to some sort of rally. Stochastics are in huge oversold territory and the MACD has rolled over. A cross of the K over the D line should trigger something in the ...

I am still bullish: January 22nd, 2009

Thursday, January 22nd, 2009

My thoughts for the evening Well folks I am still very very very very........................very very very short term bullish. As opposed to most people, I put my money where my mouth is. We had some enlightening news coming out of Google this afternoon with some earnings that cheered the street. One thing ...

Three plays I will make before the close: January 16th, 2009

Friday, January 16th, 2009

Here are three plays I will most likely make before the close 1) Apple (AAPL): As you guys remember, I said if Apple did not break '08 lows, I would turn so bullish on Apple that it would knock your socks off. We had a hammer candle formation yesterday and the ...

I’m feeling short term bullish: January 14th, 2009

Wednesday, January 14th, 2009

I am very tired so I will make this quick. I am feeling short term bullish. One thing that has caught my attention is the strength of the Yen. Either equity markets have alot more to fall, or the dollar is in for a pullback. Based on the chart of the S&P, ...

Long Apple: December 26th, 2008

Friday, December 26th, 2008

I am long Apple (AAPL) as a hedge. I have heavy short interest right now in my trading account.

S&P Resistance: December 26th, 2008

Friday, December 26th, 2008

We are seeing some overhead 50% fibonacci resistance. Take a look at the march E-mini Futures contracts. We have the 50% fib value of 872 and future topped out at 871.7, so I will take that .25 point error. Keep in mind that .25 is also the smallest increment per trade....so... Also ...

Two to watch for Friday: December 24th, 2008

Wednesday, December 24th, 2008

Alright, really though....my last post until atleast sunday evening. These are plays for my viewers as well as for me to catalogue and remind myself on Friday morning. Owens Illinios (OI): Short Hot Topic (HOTT): Short Prologis (PLD): Short I am watching Mad Money with Jim Cramer right now and I must say. I ...

One last post before Christmas: December 23rd, 2008

Tuesday, December 23rd, 2008

Jesus Mc-Christ, making posts for your guys is like a crack addition. Maybe just one more... Here is a chart of the Dow futures, specifically the March E-mini futures contracts. On a 15 minute candle chart, we have a few things to note. First are the 50, 200 and 500 day ...

ESI: December 23rd, 2008

Tuesday, December 23rd, 2008

I went short one of the things on my watchlist, ITT Technical institute (ESI). I would like to see a crack of this triangle formation in the shaded oval area. I have two concerns over the short sale of this; 1) From a macroeconomic perspective, will people be bullish on this ...