BluelightNewsletter

Disclaimer: My personnal opinion is for your entertainment only & should not be used as advice on your decision. I may sell or buy (to cover) my holding according to the market movement. I am not a licensed financial advisor. Please always do your own DD. Set protective stops & not be too greedy. You are responsible for your own decision. I wish you good luck trading. -Blue

Tuesday, September 30, 2008

WB

WB once bounced +101% to 3.7 & now 3.5(+90.22%).

Yesterday I picked this one for today's day trade.
I gave 3.5 & 3.8 as its targets for today. I sold it before market close.

Monday, September 29, 2008

Fed Pumps Further $630 Billion Into Financial System (Update3)

By Scott Lanman and Craig Torres

Sept. 29 (Bloomberg) -- The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis since the Great Depression.

...

Friday, September 26, 2008

JADE reached 1.23(+10.8%) yesterday. I am out.

Wednesday, September 24, 2008

SIL, JADE

SIL reached 4.25 today, called(Bought for bottom-fishing: SIL@1.2, Target:1.3, 1.5//if it drops to 1.1, add another part -Sept 16)

//once up +254% within 7 trading days

Tuesday, September 23, 2008

SIL now 3.74, called@1.2 on Sept 16

SIL now 3.74(+105%), called(Bought for bottom-fishing: SIL@1.2, Target:1.3, 1.5//if it drops to 1.1, add another part -Sept 16)

//once up +212% within 6 trading days

Monday, September 22, 2008

Today's Review (Sept 22, Monday)

On Mon, Sep 22, 2008 at 9:26 PM, Blue Blue wrote:

Today DOW pulled back after several days' rally. It is now 11015.69(-3.27%), breaking down support 11160 ~ 11100.

Some review for recent plays:
  1. UBS/short once dropped to 12.22 on Sept 17, called last Wedn (Mid/term short candidate: UBS, now 20.78. We could short it in its ... -Sept 10) //once down -41% within 5 trading days.
  2. PXP/oil play: reached 40.42 today before pulling back, called(Oil bounce play: PXP@33.65 -Sept 16) //once up +20% within 5 trading days
  3. SSRI reached 23.64 today now 22.9(+18.78%), PAAS reached 26.47 today& now 25.78(+11.51%), called(Bounce plays: gold may bounce tomorrow, buy SSRI@16.15 & PAAS@19.52 //Target: MA5, MA10 -Sept 10) //once up +46.4% & +35.6% within 9 trading days respectively
  4. TGIC once rose to 2.6 on Sept 12 & 3.2 on Sept 19, called(Bot back TGIC@2.2 Target:2.4, 2.6, 2.8 stop:2 -Sept 12)//once up +18% within same day...or once up +45.5% in a week
  5. HL reached 6.34 today& now 6.1(+9.71%), called(Gold bounce: bot HL@4.55 Target:4.74, 4.9 stop:4.2 -Sept 12)//once up +39.4% within 7 trading days
  6. HBAN reached 13.5 on Sept 19, called(Back in HBAN for another run. Last time(7.88-> 9.35 in 2 days)//Re: Bot HBAN@7.88, Target:8.1, 8.3, 8.9 stop:7.3-Sept 12)//once up about +69% within 6 trading days
  7. APWR reached 15 today, now 13.91(+1.16%), called(bOT APWR@12.02 Target:13~13.6 -Sept 16) //once up +24.8% within 5 trading days
  8. SIL reached 2.18 & now 1.82(+54.24%), called(Bought for bottom-fishing: SIL@1.2, Target:1.3, 1.5//if it drops to 1.1, add another part -Sept 16)//once up +81.6% within 5 trading days
  9. UYG closed@ 24.88 on Sept 19, called(UYG bouncing, now 17.88 for selling TARGET around MA5 -Sept 16)// once up +39% within 4 trading days
  10. FITB, reached 21 on Sept 19, called(FITB now 15.88,may goto test MA200 like HBAN has done -Sept 18)//once up +32% within 2 trading days.
  11. EXM reached 24 & DRYS reached 55.3 on Sept 19, same day after called(In EXM@22.9, DRYS@52.93 for shipping bounce//Target: 25 & 55 respectively -Sept 19)
  12. AIG reached 5.52 today & now 4.72(+22.6%), called(Bought AIG@4.05 Target:4.7,5,5.8 stop:3.5 -Sept 19)//once up +36.3% within 2 trading days
  13. GIGM reached 8.99 same day after called(Bought GIGM@8.5 Target:8.7,9, 9.8 stop:7.7 -Sept 19)//nearly met 2nd target
  14. CCJ reached 26.2 & now 25.43(+4.56%), called(Bottom-fishing: CCJ@24.08 Target:24.6,25, 25.6 stop: 23 -Sept 19)//once up +8.8% within 2 trading days.
  15. Today's plays: SFY reached 46.04 after called(Oil bounce: in SFY@44.72 Target:45.4, 47 -Sept 22)...NBL reached 63.14 after called(Oil bounce play: NBL@62.46 Target:64, 64.7 stop:60 -Sept 22) //sold them for fast bucks as crude oil might have got its last huge jump today


Now I don't have any stocks & stay on sideline.
Thanks! Good night!

Sunday, September 21, 2008

On Fri, Sep 19, 2008 at 9:04 PM, Blue Blue wrote:

Today DOW had another strong bounce, now 11388.4(+3.35%).

Some review for recent plays:
  1. UBS/short once dropped to 12.22 on Sept 17, called last Wedn (Mid/term short candidate: UBS, now 20.78. We could short it in its ... -Sept 10) //once down -41% within 5 trading days.
  2. PXP/oil play: reached 39.21 today, now 38.97(+10.58%), called(Oil bounce play: PXP@33.65 -Sept 16) //once up +16.5% within 4 trading days
  3. SSRI reached 20.16 on Sept 18, PAAS reached 24 on Sept 18, called(Bounce plays: gold may bounce tomorrow, buy SSRI@16.15 & PAAS@19.52 //Target: MA5, MA10 -Sept 10) //once up +25% & +23% within 7 trading days respectively
  4. TGIC once rose to 2.6 on Sept 12 after called(Bot back TGIC@2.2 Target:2.4, 2.6, 2.8 stop:2 -Sept 12)//once up +18% within same day. It reached 3.2 today, i.e., once up +45.5% in a week
  5. HL reached 5.77 today& now 5.56(+3.93%), called(Gold bounce: bot HL@4.55 Target:4.74, 4.9 stop:4.2 -Sept 12)//once up +26.9% within 6 trading days
  6. HBAN reached 13.5 today, now 12.75(+21.43%), called(Back in HBAN for another run. Last time(7.88-> 9.35 in 2 days)//Re: Bot HBAN@7.88, Target:8.1, 8.3, 8.9 stop:7.3-Sept 12)//once up about +69% within 6 trading days
  7. APWR reached 14.45 today, now 13.75(+14.1%), called(bOT APWR@12.02 Target:13~13.6 -Sept 16) //once up +20% within 4 trading days
  8. SIL reached 1.9 today, called(Bought for bottom-fishing: SIL@1.2, Target:1.3, 1.5//if it drops to 1.1, add another part -Sept 16)//once up +58.3% within 4 trading days
  9. UYG closed@ 24.88 today & now 21.96(+17%), called(UYG bouncing, now 17.88 for selling TARGET around MA5 -Sept 16)// once up +39% within 4 trading days
  10. FITB, reached 21 & now 18.88(+18.3%), called(FITB now 15.88,may goto test MA200 like HBAN has done -Sept 18)//once up +32% within 2 trading days. Regional banks like FTBK OSBC CTBK HTBK ... all now above MA200. All once in our play list.

Today's plays:

  1. 。。。

Friday, September 19, 2008

HBAN, once called here around 8, reached 13.5 today

HBAN reached 13.5 today, now 12.75(+21.43%),called(Back in HBAN for another run. Last time(7.88-> 9.35 in 2 days)//Re: Bot HBAN@7.88, Target:8.1, 8.3, 8.9 stop:7.3 -Sept 12)

//once up about +69% in a few days. It's so strong even in recent bloody market.

Wednesday, September 17, 2008

Gold up +6.5% now.

Last Friday posted: SSRI HL PAAS

SSRI up+11.5%
HL up +9.87%
PAAS up +10.86%

Bottom-fishing yesterday: SIL

Gold is bouncing

Tuesday, September 16, 2008

Recent plays: UBS(short), UYG

  1. UBS/short once dropped to 13.6 today,now 15.55(-8.26%), called last Wedn (Mid/term short candidate: UBS, now 20.78. We could short it in its ... -Sept 10) //once down -35% within 5 trading days.
  2. UYG closed@ 19.62(+10.78%), A/H saw 20.42, called(UYG bouncing, now 17.88 for selling TARGET around MA5 -Sept 16)//once up +9.73% within same day.

Monday, September 15, 2008

Next step of Wall St.

According to Nancy Bush, Morgan stanly may be merged with Goman Sach after other large investment banks failed or in huge trouble.

Saturday, September 13, 2008

Closing price on Firday:
  1. HL 4.78 +7.66% 5,275,921
  2. SSRI 17.14 +7.93% 1,458,292
  3. PAAS 20.89 +9.83% 2,748,180
TGIC once rose +17% to 2.6 & now 2.38(+7.21%), called(Bot back TGIC@2.2 Target:2.4, 2.6, 2.8 stop:2 -Sept 12)

Friday, September 12, 2008

Recent Gold picks: HL SSRI PAAS

called HL today, called SSRI PAAS recent 2 days.

TGIC: bought back today@2.2

TGIC is last week's super horse. called@1.63, run to 4.49 in matter of few days!

Thursday, September 11, 2008

Wednesday, September 10, 2008

HBAN reached 9.35 on Sept 8, Monday

Friday, September 05, 2008

DSL closed@3.1(+33.05%); HBAN closed@8.35(+10.45%)

Fed jumps into mortgages- FRE FNM bailed out

FED to jump in :

Freddie and Fannie bailout - They get wiped out and the banks may rally next week.

two picks today: DSL, HBAN

rising so far so good!

TGIC:reached 4.49 today, called@1.63 few days ago

TGIC reached 4.49 today, called(TGIC now 1.63, looking as good as RDN. Target:1.71, 1.8//Re: RDN ... -Aug 29); Recalled on Wednesday about 1.67(Bought back TGIC. RDN continued to move higher -Sept 3)

//once up +176% within 5 trading days.

Thursday, September 04, 2008

Recent strong outperformers: RDN TGIC

  1. RDN, once reached 5.39 today, called(bOUGHT RDN@3,58, tARGET:3.8, 4 STOP:3.1 -Aug28) //once up +50.6% within 5 trading days.
  2. TGIC reached 3.88 today & now 3.12(+50%), called(TGIC now 1.63, looking as good as RDN. Target:1.71, 1.8//Re: RDN ... -Aug 29); Recalled yesterday about 1.67(Bought back TGIC. RDN continued to move higher -Sept 3)//once up +138% within 4 trading days.

Wednesday, September 03, 2008

Some recent picks:

  1. MI, once reached 16.47 on Sept 2, now 16.23(+2.14%), called(Bought MI@14.94 Target:15.4, 15.8, 16.5 stop: 14.5 -Aug28) //once up +10.24% within 3 trading days.
  2. DLLR, once reached 20 today, now 19.47(+3.23%), called(Bought DLLR@16.08 Target:16.25, 16.5 stop: 15.8 -Aug28) //once up +24.4% within 4 trading days.
  3. RDN, once reached 5.09 today, now 4.95(+20.98%), called(bOUGHT RDN@3,58, tARGET:3.8, 4 STOP:3.1 -Aug28) //once up +42.2% within 4 trading days.
  4. TGIC reached 2.42 today & now 2.08(+26.07%), called(TGIC now 1.63, looking as good as RDN. Target:1.71, 1.8//Re: RDN ... -Aug 29)//once up +48.5% within 3 trading days.
  5. GFG reached 5.39 & now 5.38(+10.98%), called(Got some GFG@5.02//Finacials are strong & commodity-related is ... -Sept 2) // once up +7.4% within 2 days.