Nov 3 Plan --Simple, BEAR try to control 1259!

[nepean_01]

I expect BEAR will come back tomorrow!

I might short the market if open not too bad.

I expect DOW might open down 150 handles already.

I will be BEAR tomorrow. I might buy NFLX as long to hedge my short positions.

Good luck guys.

Very busy on chart study those days.

:blowzy:

 

[nepean_01]

One more very bloody day ahead!!!!!!!!!

Gap down -150, snap back -80, then sell off in the afternoon, close down -300.

I am a BEAR again! But do not have short currently.

 

[lazycatcat]

The current market is in vacuum till Greek situation is settled. Volatility could come back and short-term directional play might be very risky.

Not sure why Netflix can be a hedge on shorting. I would presume ERX or FAS might be more effective ???

By the way, DNDN may gap down tomorrow. I followed this stock just to see the sequel - in that fantacy shouldn't be held on once reality show starts. On the other hand, there were good opportunities to make some profits before the reality.

This is one of the reasons I shun companies without lasting assets ...

 

[nepean_01]

The current market is in vacuum till Greek situation is settled. Volatility could come back and short-term directional play might be very risky.

Not sure why Netflix can be a hedge on shorting. I would presume ERX or FAS might be more effective ???

By the way, DNDN may gap down tomorrow. I followed this stock just to see the sequel - in that fantacy shouldn't be held on once reality show starts. On the other hand, there were good opportunities to make some profits before the reality.

This is one of the reasons I shun companies without lasting assets ...

Cat,
NFLX is up 10% today! There is no major res till 100, some major res is around 108-110!

Happy day for me.

All of shorts and longs ARE ALL WORKING OUT! Cannot be happier when you see both long and short make HUGH money!

QIHU is on the way to $0.05, hehehe. Wish me good luck then.

But i did sell NFLX right before the closing bell. Will get it back after small or tiny pull back.

SP500 is right on the resistent now. Redcue my long size in case stupid EURO people get nuts again!

 

[lazycatcat]

Cat,
NFLX is up 10% today! There is no major res till 100, some major res is around 108-110!

Happy day for me.

All of shorts and longs ARE ALL WORKING OUT! Cannot be happier when you see both long and short make HUGH money!

QIHU is on the way to $0.05, hehehe. Wish me good luck then.

But i did sell NFLX right before the closing bell. Will get it back after small or tiny pull back.

SP500 is right on the resistent now. Redcue my long size in case stupid EURO people get nuts again!

Very smart !! It is a very good catch on QiHu, which doesn't seem to have anything to support its elevated valuation. Any further insight on this company ?

Never looked into NFLX before. I think energy sector is more interesting given the current stage in economic recovery. Any good ideas ?

 

[nepean_01]

Very smart !! It is a very good catch on QiHu, which doesn't seem to have anything to support its elevated valuation. Any further insight on this company ?

Never looked into NFLX before. I think energy sector is more interesting given the current stage in economic recovery. Any good ideas ?

APC is the one I play the most. NEVER lost money on APC!!!!!!! APC was a lucky one for me, hehe. But APC is too high, around 52 weeks high!!!!!!!!!!!! I would not chase this excitement here.

I do think BTU,ANR (up 15% today, up too much), JRCC, PCX will get chance for the coming month or two. I am just doing my homework on them. I like BTU and JRCC the most. JRCC's ER is out tomorrow morning. That is why I have to sell my BTU today.