6/15/11

stopped CF 151.

Per IBD bulls at 37%, bears 26%. From a sentiment point of view, need more bears.  Perhaps a flush is coming then we can see some buying

6/14/11

long CF 154.29 (small)
eyeing CRM

6/8/11

stopped QCOM at 56

CASH !

be patient, according to IBD bull sentiment at 40% bear 22%, when market began uptrend on Sept 1 bull sentiment 29% bear 37% - just saying.  Regardless, let the market set up no need to waste money just to trade.   In my opinion, to late to short at point there will be a short cover rally.

6/7/11

Best to stay in cash.
http://www.chartarcade.com/ - develop your chart reading abilities

6/6/11

stopped NFLX 266.87 -6 / -2%
JOYG may be worth eyeing

6/3/11

added to NFLX at 273.85

stats on 5wk losing streak:
http://www.bespokeinvest.com/thinkbig/2011/6/3/5-week-losing-streak.html

6/2/11

Stopped:
AAPL 344.8 -6.21 / -1.7%
WYNN 144.57 -4.94 / -3.3%

Shaking the longs and shorts, best to remain patient as I've been saying for the past month.
Corrections are good!

6/1/11

Long (small):
AAPL 351.24
NFLX 272.80
WYNN 149.71
Reason:  nice volume yesterday, but completely reversed today after I went long.  NFLX still looks good, but tomorrow will probably have to sell obeying stops.

Stopped:
GMCR 80
VMW 95.91

5/31/11

long QCOM 58.55
Haven't done too much research yet, but first thing I noticed is the volume that came into AAPL today - interesting

5/26/11

sold half GMCR +4%
VMW working

5/25/11

Long VMW 97.15

5/24/11

While I believe the market will go up, the action is not good. Need to see confirming price action first.

Long NFLX 250.68 sold 250
Long GMCR 79.23

Tight stops

5/22/11

 

ALTR another good looking setup

5/17/11

Set a stop on GOOG earlier this morning.  Had some buying in first half hour in GOOG.  It seems (NOT always) that which ever way the market starts out at 10-10:30 we reverse.  We started higher, but never reversed.  I wanted something out of this trade so sold half at 521.23 +2.77 and stopped on rest at breakeven.  Typically, we don't break to new lows on first test.  See chart.

5/16/11

Short GOOG at 523.86, stop at 523.86, would give it a little room but not going to tolerate a choppy market.
Entered slightly late.