Friday, October 31, 2008
US Consumer Spending Declined 0.3% in September (Update1)
Bloomberg - 25 minutes ago
By Shobhana Chandra Oct. 31 (Bloomberg) -- Spending by US consumers dropped more than forecast in September, capping the weakest quarter in three decades and indicating the economic slump is deepening.
Personal spending slides CNNMoney.com
Thursday, October 30, 2008
//Once rose +20.8% since called yesterday...sold too early.
Wednesday, October 29, 2008
BG, just reached 35, called@31.4 today
called today: (Short/term Target:33, 33.7, 35//Re: Bought BG@31.4 -Oct 29)
//Once rose +11.5% for this call within same day. Out for fast bucks
Tuesday, October 28, 2008
MR: shorted@19.5 yesterday, reached my 3rd target 15.8 today
// once down -19% since called yesterday
Monday, October 27, 2008
MarketWatch - 42 minutes ago
By Rex Nutting, MarketWatch WASHINGTON (MarketWatch) -- US home builders took a big step in September toward reducing the gigantic oversupply of homes, boosting sales slightly, slashing prices and reducing the number of unsold homes at a record pace.
Saturday, October 25, 2008
Recent shorts: AEM, WYNN, LULU
AEM, dropped to 36.55 on Oct 11, the same day when called (Target:38,35.5, 33.8, stop:45 // Re: Shorted AEM@40 -Oct 11 //AEM set new low 20.87 on Oct 24, once down -47.8% within 9 trading days after called.
WYNN/LULU ( Shorted back WYNN around 65 & LULU around 20 today as planned -Oct 7) ( WYNN & LULU are bearish in FA. Gambling in Mcau is now in trouble while LULU might be kind of similar to CROX a year ago... -Oct7)// WYNN set new low 36.59 & closed@ 36.59(-13.66%) while LULU set new low 9.86 on Oct 24, now11.02. //WYNN once down -43.7% while LULU down -50.7% within 13 trading days after called.
Friday, October 24, 2008
// set new low 22.44 today, now 23.74(-8.16%). ..once down -44% within 8 trading days after called.
Wednesday, October 22, 2008
Tuesday, October 21, 2008
Picks of last Thursday & Friday
- MMR, reached 14.8 today & now 14(+6.22%), called(Bought MMR@10.3 Target:11.3 stop:10 -Oct 17)//once up +43.7% within 3 trading days.
- PXD, reached 33.64 on Oct 20, called(Bought PXD@29.4, Target:30, 31.5 stop:28 -Oct 17)//once up +14.4% within 2 trading days..
- JASO, reached 6.88 today & now 6.5, called(bOT JASO@5.95 -Oct 17)//once up +15.6% within 3 trading days..
- WNR, reached 6.5 today & now 6.31(+1.12%), called(Bot WNR@6.04 for bounce, target:6.5, 6.7 -Oct 17) //once up +7.6% within 3 trading days
- IPI, reached 20.7 on Oct 20, called(Bot IPI@18.45, Target:20~21 stop:18 -Oct 17)//once up +11.6% within 2 trading days..
- POT, reached 81.54 on Oct 20, called(bot POT@76.89 Target:79,83,86 stop:67 -Oct 17)//once up +6.05% within 2 trading days
- YGE, reached 6.32 on Oct 20, called(Bot YGE@5.01, TARGET:5.5 -Oct 16)//once up +26.1% within 3 trading days
- TBSI, reached 10.35 on Oct 20, called(bOUNCE play: TBSI@8.35 Target:8.9 -Oct 16)//once up +24% within 3 trading days
HOS, reached 24.2, out for fast gain
MMR, reached 14.8 today, called@10.3 last Friday
//once up +43.7% within 3 trading days.
Friday, October 17, 2008
Yesterday's only two picks: TBSI YGE
Yesterday's longs:
- YGE, reached 5.76 & closed@ 5.72(+14.63%), called(Bot YGE@5.01, TARGET:5.5 -Oct 16)//once up +15% within 2 trading days
- TBSI, reached 9.8 & closed@ 9.41(+11.36%), called(bOUNCE play: TBSI@8.35 Target:8.9 -Oct 16)//once up +17.4% within 2 trading days
CNNMoney.com - 3 hours ago
By Yi-Wyn Yen Meet Google 2.0. Gone are the search giant’s free-spending ways - at least for now. The prospect of a severe economic slowdown has forced Google to do something surprising: act fiscally responsible.
Wednesday, October 15, 2008
Tuesday, October 14, 2008
Yesterday's longs:
- COP reached 59.33 today & now 56.96(+1.28%), called(Bought COP@50 Target: 54~55~56 -Oct 11)//once up +18.7% within 2 trading days
- VLO reached 23.8 & now 21.9(+1.44%), called(Bot VLO@19.5 Target:20.4~21.5 stop:18 -Oct 11)//once up +22.1% within 2 trading days
- GLBL reached 5.2 today, called(Bounce play: GLBL@4.34, target:4.5, 5,5.3 -Oct 11) //close to 3rd target,once up +19.8% within 2 trading days
- GTLS reached 23.32 & now 21.16(+11.84%), called(Bounce play: GTLS@18.48 Target:20~21.6 stop:18 -Oct 11). //once up +26.2% within 2 trading days
- UNT reached 37.88 today before pulling back, called(Bought UNT@34.4 Target:36.7~38 stop:33 -Oct 11)//once up +10.1% within 2 trading days.
Last Friday's longs:
- AGU reached 47.8 today before pulling back, called(Today I got back AGU under 38 -Oct 10)//once up +25.8% within 3 trading days
- SOLF reached 8.4 today, called(Bottom-fishing: SOLF@5.87 Target:6.1, 6.4,6.8 stop:5 -Oct 10)//once up +43.1% within 3 trading days, passed 3rd target
- BG, reached 48.81 today, called(Got back BG@39.4 again -Oct 10)//once up +23.9% within 3 trading days
Monday, October 13, 2008
Bloomberg - 57 minutes ago
By Robert Schmidt and Peter Cook Oct. 13 (Bloomberg) -- The Bush administration will invest about $125 billion in nine of the biggest US banks, including Citigroup Inc. and Goldman Sachs Group Inc., in the government's latest attempt to shore up ...
Friday, October 10, 2008
Short picks in the week
- short/WYNN once dropped to 51 today while LULU once dropped to 14.73 before bouncing late day. ( Shorted back WYNN around 65 & LULU around 20 today as planned -Oct 7) //WYNN once down -21.5%, LULU once down -26.4% since called this Tues.
- short/ENER once bounced to 46.87 on Oct 8... Posted on Oct 7: "ENER is now looking overvalued compared to others in the sector. So if it can bounce a bit to around 45~47 tomorrow it could be a good short." . It once dropped to 29.05 today//46.87 ->29.05, i.e. once down -38% within 3 days
- short/JRCC, once dropped to 14.26 today, called(Shorted JRCC@16.5 Target:15~14 -Oct 9). //once down -13.6% within 2 days
Wednesday, October 08, 2008
A Review Written on Sept 24
On Tue, Sep 23, 2008 at 9:29 PM, Blue Blue <bluelight...> wrote:
Today DOW pulled back for the 2nd day. Now 10854.17(-1.47%). Some review for recent plays:
- 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.
- PXP/oil play: reached 40.42 on Sept 22, called(Oil bounce play: PXP@33.65 -Sept 16) //once up +20% within 5 trading days
- SSRI reached 23.64 on Sept 22, PAAS reached 26.47 on Sept 22, 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
- 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
- HL reached 6.34 on Sept 22, 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
- 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
- APWR reached 15 on Sept 22, called(bOT APWR@12.02 Target:13~13.6 -Sept 16) //once up +24.8% within 5 trading days
- SIL reached 3.74 & now 3.42(+87.9%), 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
- 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
- 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.
- 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)
- AIG reached 5.7 today, called(Bought AIG@4.05 Target:4.7,5,5.8 stop:3.5)//once up +41% within 3 trading days...close to 3rd target
- 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
- CCJ reached 26.2 on Sept 22, called(Bottom-fishing: CCJ@24.08 Target:24.6,25, 25.6 stop: 23 -Sept 19)//once up +8.8% within 2 trading days.
Tuesday, October 07, 2008
Tuesday October 7, 10:49 am ET
By Wayne Cole and Leika Kihara
SYDNEY/TOKYO (Reuters) - Australia stunned markets with its steepest interest cut in 16 years Tuesday and investors expected that other central banks would follow suit in a coordinated move to combat the global credit crisis.
The Bank of Japan, alone among the biggest central banks, signaled it may not join a campaign of rate cuts to contain a crisis that has put the world's financial system in greater peril than at any time since the 1930s Great Depression.
...
Friday, October 03, 2008
// Roughly once rose +283% since Monday.