With both the VIX and SPX up Friday....history shows 9 of last 12 times this has happened....next day is down.

Thoughts?

C long sept. 3 calls and 1/2 aug put

PCLN here is what i liked http://www.investors.com/Education/DailyStockAnalysis.aspx?id=482526

PCLN earnings august 10 th i got august 135 call and 125 PUT around 4.20 average both, it usuually goes 20% up or down

if expe can beat, pcln will have no problem. not sure how the stock will react though

Man even my EFA puts AUG 52 puts went positive--the AUG 50 puts are forever underwater--( no stops --dumb)

AAPL my SEPT 150 put finally went +1

STI 19.66 aug 22 puts filled 2.60

STI at it's 200 day--and its earnings estimates are worse than 90 days ago 20.7 was it's last high--at 19.5 now--I don't think it will reach 20.7

Thanks , Zee and TenYear

CAT, construction report is Monday morning--that report probably tanks CAT and DE--DE usually tanks MOO--the domino effect can get huge, or the market goes up on Monday--negates everything

My job is taking a toll on me.... busy week. I am having trading withdrawals ... quick.... someone alert me to a trade.

bac

I was on the phone too long---I have nothing new figured out

IYR vno,spg,psa are all in a 3 year earnings funk---2008-2010, that's why they aren't getting the high p/e

I sold GE today, it will probably go up a $1 next week.

BAC: $15 seems obvious.

IYR: not touching SRS until IYR gets to $39, so I guess I'm long URE.

C: everyone sold after the gov't took control yesterday. yesterday failed on the breakout. Get long in your IRAs before they push this up. Next attempt at breaking will work.

How can IYR get to $39? 3/4 of the holdings diluted shares something like 20%

I have no clue. How can anything keep going up? Ignore the fundamentals and just buy blindly like everyone else. lol

I did that with gold stocks yesterday--just went blind long--look at em fly!
My puts are all working, from yesterday--I just have to be very specific which companies I short, and sure enough they turn at the designated price.

MA probably goes higher on Monday

CHINA PMI monday. Aluminums either top today or breakout Monday. AA and CENX are the plays. Flip a coin. I'm long.

currency crises will probably be announced next week. obama to take action same week. I guess the market tops next Thursday morning or Wed. evening. LOL

this means PM and energy will bust a move Monday. It takes DUG about 8 to 15 weeks to bottom. I could be early on the currency crises by about 8 weeks. If not next week then the top in the market comes October 1st. Buy DUG last week of September and get short then otherwise short next Wed.

market is making tenyear crazyzzy

Short USO when FXE is 143, that's been working--I have good signals on stockcharts 2 month charts---Usually their puny, tiny 2 month charts are useless, but not right now---they have those 30 degree 50 days

maybe I'm seeing things but isn't FXE trying to bust up?

ALEX is finally near the top--I'm looking for a 31.5 entry on the short 32 might be the top price

BEN rsi 80---that's probably the top for BEN--BEN failed to get a higher high on the overnight chart--it's probably short now--earnings don't look that great either

This time when IYF goes down, I don't think it will bounce of the mid bb band--I think it just keeps falling

IYF stuck at the 46 double top--overnight says it has to go down Mon or Tuesday

Z, bought BKC at 16.06, sold it today at 17.25. What do u think of SYNA as rebound candidate

I'd wait on SYNA or not--they came in on the low end of sales forecast--I'd probably take a small long position at 25, just because its15% below the lower bb band
just use a 5% stop loss