ERTS chart done and available in the member's area
http://market.zstock7.com/

USO/UCO....triangle top and having problems getting through it while the market blasts higher.
If you are short keep those stops tight. Oil could get to $84 next week. Remember: Goldman said $84 oil this year. Strong triangle formed.

I'm completely lost on UNG--I get 10.4 to 11.0 low--
If UNG starts to go up, This should push stocks like APA up__
APA is at 90 now--does it go to $100?

UNG: so difficult that I'm obsessed. I must be sick or something. Everyone is screaming 15% down more because of the NAV discount. The history of Natty gas prices shows you just have to buy and hold for a few years. Its not uncommon for the pirice to fluctuate 50% in a year. 15000 shares at $13.30 and holding forever....I might add if the spot prices get to $2.
Thats all I have. Oh, and it can still be traded. Buy on the bollinger crashes or short on the blowtops.
Natty stocks have been excellent.
Oil must be going $90...thow shall not short oil.

pre-market__
earnings news, Gap (GPS 19.53, +0.68) and Aeropostale (ARO 39.32, +3.44) posted positive earnings surprises for the latest quarter. The pair is providing leadership to retailers, which are up 2.3%.
http://www.nasdaq.com/aspx/market-summary.aspx

current positions, Sold Visa Sept 70 calls, QID, FXP, puts on XRT and RTH. Was stopped out on my UNG but will reenter but need to look at the charts first.

I nearly forgot how to get to my other blog
http://zstock.wordpress.com/
zstock 2.0--must be something I can use that site for--after all it's free

traderbean thinks dow 11,000 chart
http://www.traderbean.blogspot.com/

DOW 11000 must mean oil at $90.

speaking of oil, breaking out this morning.

They say ( oil pits) , $80,$85 oil test, and then $100 if they can do it without tanking the market_

It's one of those days! I don't feel like posting anything new----
I've been over to visit my other favorite blog sites--and BORING---
Who else is bored?

AET, health insurance company--they had to drop like 6 million people, because they didn't like them as customers--

I just want to say this about the healthcare plan--If the public option isn't included this time, they will add a provision that in 5 years if insurance companies haven't lowered costs-/ expanded coverage-then in 5 years time the public option WILL be implemented--only this time it will be on Steroids--because it will have to make up for 5 years of dirty tricks by the healthcare / insurance industry--
just so you know--

I must be foggy, today__I couldn't find any new positions--I better go look at price declines screen page--
ERTS is interesting

If oil has topped, many of the solar names will trade single digits again. STP, LDK, YGE, etc... play the big dogs only: FSLR, SPWRA

Citigroup Inc. (C: sentiment, chart, options) was targeted by a rather bullish call spread this morning. Specifically, 20,890 January 2010 7.50 calls traded on the NYSE Arca at 10:10 a.m. for the ask price of $0.71, or $71 per contract. Simultaneously, 20,890 January 2010 10 calls traded on the same exchange for the bid price of $0.42, or $42 per contract. The result is a long vertical call spread, or a debit spread.

Due to the sold January 10 call, the total cost of this position rests at $0.29, or $29 per contract – $605,810 for the entire trade. Maximum profit is achieved if C rallies more than 142% to $10 per share by the time these options expire on Jan. 15, 2010. The maximum loss is limited to the debit paid to enter the trade.

UNG: all of your stops should have been at $11.89...preaching that for weeks now.

UNG stopped out---11.70

UNG is easy now!___WAIT for RSI 30

Something to think about----Sell off didn't happen week before OPX----It should happen next week--imo

BXP,EQR,ICF,IYR,SPG,VNO all at their middle bb band__I just know if I try to short at that spot, I'll get burned---I've always got burned at that spot in this market, all sectors_past month_but what if this time it works?

DRN ( iyr 2x ) bb bands work!

Just picked up XRT sept 31 puts @ $1.20. Sold more Visa $70 sept calls.

WCC ( members) took off__I was too conservative again on the entry 21__low was 21.58--missed entry

JACK WINNER____gapped up 6%, and the overnight chart says higher high in 2 days

LEAP is getting ready to gap up, any day now__imo

HAL 24.13__8-13 member chart--says HAL can get to 26 now

SHLD tanked---I think I posted avoid SHLD on earnings, a couple of weeks back.

I don't know the word for it___Some fund managers are going to get fired, because when they turn in their trading results and the boss sees that he didn't participate at these high prices__while all the other ones did__and made money, the guy that didn't gets fired---
That's why the market is so choppy, this could go on for ever

The top three ways to increase your website traffic, is thru myspace search, youtube, and ebay. On ebay you have to know the rules!
We'll __I mange to learn something new everyday___How about that!

FSLR chart in the MEMBER'S AREA--- Get ready to RUMBLE!!!--I never lose on FSLR---NEVER!!!!

Hey Z, shoot me an email, want to send you one, but don't have you address handy. channellines@gmail.com

These guys are scaring me about my UNG long
http://bluechipbulldog.blogspot.com/2009/08/beauty-is-in-eye-of-beholder-dont-fall.html?dsq=15107165#comment-15091440
especially the one named Hiker---Hiker is good!

HaHaa!!! Don't let noone sway ya! Hiker is skilled, but he ain't always right!

But if your looking for support on a UNG long, you ain't gettin no love here!

I'm looking to scale down the position to 1/3rd-- UNG asap---I'm a little concerned about the trade, especially going against Hiker, and now you--and I was uncertain in the first place---haha!
I figure with a $12 entry, I can at least get my money back, If I really messed this trade up__

Hey Z, you around?

Hi Winace!

Hey man, got an idea, we gotta talk. ;-)