• Saturday, February 06th, 2010
UPDATE:
I think you ought to at least try to understand my dollar for dollar approach to options.
Your downside risk is limited a GREAT deal.
and you get to play those $30 to $80 for only about $700 out of pocket.
and those are the stocks that have 9 to 14 P/e’s = ( safe reliable price channels)
I teach this approach, 2 or 3 times a week, in my membership site.
Not trusting XLE, these days, or the market!
I have 2 scenario’s for BP.
Either it holds at 52 = 200 day, or does the following over an 8 day period.
BTW, this was the easiest short sell to calculate, (62’s).
I just wished I noticed it several days ago.
***
Click here for Traderbean’s TWM chart ,
He’s thinking 15% correction lies ahead. So does Mole, ( evilspeculator)
• Wednesday, February 03rd, 2010
UPDATE FRI 2-5-10
Come back tomorrow, I have an APD chart to post–I’m too sick to finish it tonite!
AZN, chart–forget it–I can’t figure it out.
****
See, what I mean by 17X winner?
You should sign up for my FREE newsletter,
going out at 10:35 EST
Here’s a few outcomes, on some of my trades***
AMTD, not much to say!
Improving EPS, all the way till the next century!
If you’d like to know, why I have $16.50 against me on this trade–
You have to join the membership site!
I spell it out so clearly,
you’ll be saying, “I really needed this type and style of info 5 years ago!”
***
***
–LONG VZ, 1/4 position, I have 28’s against me. will add … ( login)-
OSIP, I think the… ( login)
Dance toon. , San Tropez
• Sunday, January 31st, 2010
• Friday, January 29th, 2010
UPDATE, JAN 30 2010
In a normal trading year, the market gets three corrections 5% or as much as 10%.
Currently the market has corrected 7%.
Here’s a kicker. The QQQQ is at RSI 32, the last time I checked.
The QQQQ rarely goes below RSI 30.
I don’t know if you can stop on a dime? You might have to turn around, and start going long!
When QQQQ, reaches RSI 30, this is exactly what you might / should start doing.
QQQQ at RSI 29.7, is your stop loss.
FRIDAY JAN 29 2010
I have an ETF, that 100% is going to reach this price sometime in FEB.
( approx 20% gain ahead)
I’m posting this incredible find in the member’s area
and in my newsletter, that’s going out today.
So, either become a member and see this incredible find now.
Or, sign up for my newsletter, to get my next incredible find,
in my next newsletter.
Next newsletter set to go out 6:26 EST.
****
Investor psychology–entire sites are devoted to this subject,
and 80% of them are hogwash.
The market psychology changed from follow the up trend,
to what the heck will happen when the stimulus money
runs out in 6 month’s and the corporate profits
will have to generate the growth / stimulus.
This type of Uncertainty makes the VIX go higher.
Don’t expect the uncertainty to go away for
at least a couple of month’s.
(I’m guessing on the time frame)
Meantime DIA 101-to 103, short at 103,
next channel 99 to 102,
until, 96 = 10% correction. That’s my best guess.
( I hope my hogwash is better than the next guys!)
***
Newsletter LINK I calculate my strongest trade for the week,
and send you the details.
That’s a $25 a week value.
Click here for my Free Newsletter
• Wednesday, January 27th, 2010
