Sunday, May 02, 2010

 

05/02 week

ES: 50MA 1165 200MA 1090

Leading Sectors

Lagging Sectors

Thursday, April 08, 2010

 

Dr. Copper

Copper now highest since mid 2008. Copper price reflects the economy.

UAUA + LCC: merge talk

WYNN, LVS new high: las vegas is back?

Thursday, August 17, 2006

 

08/17/2006

OE day:

candidate : goog(380 or 390) ebay(27.5) ISE AAPL(67.5) PD(90)
brcm( will xie in symthy with MRVL)

I expect market pullback some, reasons are:
1. weekend , ppl take profit
2. OE day, MM may need some balance for shorted calls
3. up so much, about 90p for NQ
4. MRVL, DELL all down AH, ==> semi weak

Thursday ER moves:
UP: BRCD, SCSC, BEBE, LAVA
DOWN : DELL, MRVL

Thursday, May 04, 2006

 

05/04/2006

OIL down today, gold higher. Global market is strong.

Leading Sectors
Gold & Silver +2.64%
Disk Drives +2.30%
Steel +2.12%

Lagging Sectors
Software -.42%
Oil Service -.36%
Energy -.58%

Thursday, March 02, 2006

 

03/02

Market was still strong today, it get back most loss in the morning.

IWM put/call ratio almost 20:1. Are people nervous or just over-bearish?

Bears failed to gain traction once again, even as oil and long-term rates rose. I expect stocks to make another push higher soon on another round of short-covering.
 

Cut lose, and let winners run!

1. when you have a lose trade, or you feel something wrong, get out! Admit you're wrong, and you have lot of other opportunities to get your loss back.

2. Somebody recommends that cut your lose when it > $100

3. cut lose and stay in the game!
 

Trading by pattern

1. Rules
A. head : when a head formed and stock starts to go down ===> short

B. bottom : when a bottom formed and stock starts to go up ===> long

C. box
C1: in at bottom, stop 0.1 below bottom, sell around high ceiling
C2: short at ceiling, cover around bottom
C2: when box broken, follow the trend

D. trend broken: follow (remember to draw trend line)

Thursday, October 20, 2005

 

10/20

Indices gave back yesterday's big gains. Inflation is heating up.

ES/YM/ER2 very weak and NQ held well due to strong Semi.

Looked at the 1&2 year chart of SP500, 1100-1150 and 1150-1200 are 2 boxes. It looks that SP wants to test 1150 right now.

I still belive Dow will retest 10000 and Nas retests 2000.

Check the NDX 2 years charts, looks like it'll down to support at 1500 area. If 1500 area is broken, 1400 is the next support.
http://finance.yahoo.com/q/bc?s=%5ENDX&t=2y

Friday, April 29, 2005

 

4/29

Nasdaq broke 1900 first, then came back alive with oil down big.

Some good(value?) stocks got beaten down: MSTR, DRIV, may need to put an eye on them.

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