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

Friday, November 28, 2008

Recent pick: EGLE

EGLE, once rose to 4.39 today & now 4.33(+10.46%), called( bottom-fishing: EGLE@3.78, Target:4, 4.28, 4.5 stop:3.6 -Nov 26)
//once up +16.1% within 2 trading days

Thursday, November 27, 2008

Happy Thanksgiving day!

Tuesday, November 25, 2008

EXM, yesterday's pick

EXM, once rose to 6.17 today & now 6.07(+15.18%)

Monday, November 24, 2008

Friday, November 21, 2008

Tuesday's short plays:

  1. WLT once dropped to 12.1 on Nov 20, called(next target: 20~19.8 //Re: Short WLT@29.5 Target:29.2, 28, 27 stop:30 -Nov 18);//once down -41% within 3 trading days
  2. BTU once dropped to 16 on Nov 20, called(Back to short BTU@25.6, target: 25, 24.3, 23, stop:26.7 // Re: Shorted BTU@32.05, Target:31, 30, 28 stop:35.5 -Nov 18)//once down -37.5% within 3 trading days
  3. DLR once dropped to 18.04 today, called(DLR maybe good to short@27.55, target:27.3, 25.8, 25 stop:29 -Nov 18)//once down -35.5% within 4 trading days



Recent short plays:

  1. SOLF once dropped to 2.67 on Nov 20, called (SOLF seems good to short @5.75, covering target:5.35, 5, 4.5 stop:6 -Nov 12)// once down -14% to 4.95 on Nov 13 within 2 days// once down -54.5% within 7 trading days.
  2. CRZO once dropped to 12.1 today, called (CRZO seems a good short@ 20.25 target: 19.8, 18.4, 17.6 stop:21.6 -Nov 12)//once down -20% to 16.27 on Nov 13 within 2 days // once down -40% within 8 trading days.
  3. SFL once dropped to 8.19 today & now 9.01(-3.84%), called (SFL good short@12.15 tARGET: 12, 11.4, 11 stop:13.2 -Nov 12); //once down -8.5% on Nov 13 within 2 days //once down -32.6% within 8 trading days.
  4. WYNN once dropped to 29.48 yesterday, called (typo: Another short candidate: WYNN@44.58 Target:43.3, 41.5, 39.3(mid/term: 35) stop:49 -Nov 12)//once down -34% within 7 trading days.
  5. WLT once dropped to 12.1 on Nov 20, called(Short WLT@29.5 Target:29.2, 28, 27 stop:30 -Nov 11);//once down -59% within 8 trading days.
  6. MON once dropped to 63.47 today, called(Short candidate: MON, now 88.25. -Nov 5)//once down -28% within 13 trading days
  7. LULU & JRCC, once shorted@ 20+ , 16+ in mid Oct., called again ( 2 previous bearish plays: JRCC LULU walking towards projected single digit level -Nov 10). LULU once dropped to 6.96 on Nov 20 while JRCC once dropped to 5.05 on Nov 20, near penny status.

Thursday, November 20, 2008

Recent shorts

  1. WLT once dropped to 12.1 today & now 12.96(-12.14%), called(next target: 20~19.8 //Re: Short WLT@29.5 Target:29.2, 28, 27 stop:30 -Nov 18);//once down -41% within 3 trading days
  2. BTU once dropped to 16 today & now 16.25(-21.27%), called(Back to short BTU@25.6, target: 25, 24.3, 23, stop:26.7 // Re: Shorted BTU@32.05, Target:31, 30, 28 stop:35.5 -Nov 18)//once down -37.5% within 3 trading days
  3. DLR once dropped to 20.55 today & now 21.29(-10.4%), called(DLR maybe good to short@27.55, target:27.3, 25.8, 25 stop:29 -Nov 18)//once down -25.4% within 3 trading days
  4. SOLF once dropped to 2.67 today & now 2.68(-14.68%), called (SOLF seems good to short @5.75, covering target:5.35, 5, 4.5 stop:6 -Nov 12)// once down -14% to 4.95 on Nov 13 within 2 days// once down -54.5% within 7 trading days.
  5. WLT once dropped to 12.1 today & now 12.96(-12.14%), initially called last Tues(Short WLT@29.5 Target:29.2, 28, 27 stop:30 -Nov 11);//once down -59% within 8 trading days.

Wednesday, November 19, 2008

Recent short picks: BTU DLR WLT

  1. BTU once dropped to 20.56 today & now 20.64(-14.79%), called yesterday(Back to short BTU@25.6, target: 25, 24.3, 23, stop:26.7 // Re: Shorted BTU@32.05, Target:31, 30, 28 stop:35.5 -Nov 18)//once down -19.7% within 2 trading days
  2. DLR once dropped to 23.45 today & now 23.76(-13.57%), called yesterday(DLR maybe good to short@27.55, target:27.3, 25.8, 25 stop:29 -Nov 18)//once down -15% within 2 trading days
  3. WLT once dropped to 14.62 today & now 14.75(-22.2%), called(Short WLT@29.5 Target:29.2, 28, 27 stop:30 -Nov 11);//once down -50.4% within 7 trading days.

Tuesday, November 18, 2008

Two recent shorts: WLT, BTU

  1. WLT once dropped to 18.27 today & now 18.96(-14.82%), called(Short WLT@29.5 Target:29.2, 28, 27 stop:30 -Nov 11)//once down -37% within 6 trading days. Today called again(next target: 20~19.8 //Re: Short WLT@29.5 Target:29.2, 28, 27 stop:30 -Nov 18);//once down -11% within same day
  2. BTU once dropped to 23.14 today & now 24.51(-6.24%), called(Back to short BTU@25.6, target: 25, 24.3, 23, stop:26.7 // Re: Shorted BTU@32.05, Target:31, 30, 28 stop:35.5 -Nov 18)//once down -9.6% within same day

Last Tuesday's Short/pick: WLT@29.2, now 18.8

WLT is now 18.8, called(WLT once dropped to 22.02 on Nov 13, called(Short WLT@29.5 Target:29.2, 28, 27 stop:30 -Nov 11)



//once down -36% within 6 trading days
Ford Tallies Potential Losses
Wall Street Journal - 30 minutes ago
By MATTHEW DOLAN The debate over the job loss attached to the potential failure of Detroit's Big Three auto makers took another turn as an internal document from Ford Motor Co.

Friday, November 14, 2008

US Economy: Retail Sales Drop in October by Most on Record
Bloomberg - 3 hours ago
By Shobhana Chandra and Bob Willis Nov. 14 (Bloomberg) -- Retail sales and prices of goods imported to the US dropped by the most on record, signaling the economy may be in its worst slump in decades.

Wednesday, November 12, 2008

Yesterday's picks

Tuesday, November 11, 2008

The Foreclosure Fight Gets Streamlined
Washington Post - 19 minutes ago
By Renae Merle As losses from bad loans continue to mount despite more than a year of government and industry focus, some of the giants of the mortgage industry, including Fannie Mae and Freddie Mac, yesterday unveiled another stepped-up effort to keep ...

US mortgage plan falls short CNNMoney.com

Monday, November 10, 2008

Sunday, November 09, 2008

China announces $586 billion stimulus plan

Sunday November 9, 7:15 am ET
China announces $586 billion spending package to boost domestic demand


BEIJING (AP) -- China has announced a $586 billion spending package to boost domestic demand while vowing to carry out "moderately easy monetary policies."
A statement Sunday on the government's Web site says China's Cabinet has approved a plan to invest $586 billion on infrastructure and social welfare by the end of 2010.

Saturday, November 08, 2008

Wednesday, November 05, 2008

Last Friday's pick: EXM


EXM, reached 14.51 today, called (EXM looks strong at 11.45 tARGET:11.6, 13.2, 14.6 -Oct 31)
//once up +26.7% within 4 trading days.

Tuesday, November 04, 2008

Last Wednesday's plays:

  1. BG, reached 47.15 today & now 45.31(+8.6%), called (Short/term Target:33, 33.7, 35//Re: Bought BG@31.4 -Oct 29)//once up +50.2% within 5 trading days.
  2. PXD, reached 29.29 today & now 29.21(+13.44%), called (Bot PXD@25.59, planned to sell 27~27.4 or this afternoon -Oct 29)//once up +14.5% within 5 trading days.
  3. ABK, reached 3.58 today & now 3.4(+10.39%), called (Bot ABK@2.64 for small amount -Oct 29)//once up +35.6% within 5 trading days.


Last Thursday's plays:

  1. DM, reached 4.71 on Nov 3, called (Bot small amount in DM@3.98 Target:4.14, 4.25, 4.6 stop:3.2 //ER on Nov 6 -Oct 30)//once up +18.3% within 3 trading days.
  2. TBSI, reached 10 on Nov 3, called (TBSI@7.6 now target:7.9, 8.2,8.6 -Oct 30)//once up +31.6% within 3 trading days.


Last Friday's plays:

  1. EXM, reached 13.76 today & now 13.72(+11.27%), called (EXM looks strong at 11.45 tARGET:11.6, 13.2, 14.6 -Oct 31)//once up +20.2% within 3 trading days.
  2. X, reached 42.58 today & now 41.17(+7.55%), called (Bought X@37.3, target:39, 42, 45 stp: 35 -Oct 31)//once up +14.2%within 3 trading days.

Monday, November 03, 2008

Last Thursday's picks: DM TBSI


Last Wednesday's pick: BG

BG, reached 41.48 (+8%) today, called BG, reached 41.48 (+8%) today, called (Short/term Target:33, 33.7, 35//Re: Bought BG@31.4 -Oct 29)

//once up +32.1% within 4 trading days.

Saturday, November 01, 2008

BG, reached 40.75 on Friday & closed@ 38.41(+7.05%), called (Short/term Target:33, 33.7, 35//Re: Bought BG@31.4 -Oct 29)

//once up +30% within 3 trading days.