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

Thursday, January 31, 2008

TBSI reached 33.85 today, called@22.95 last Thurs

TBSI, reached 26.5 on Jan 25 & 33.85 today, now 33.31(+7.76%), called(Bounce play:TBSI@22.95 target:24.4, 25.6 stop: 22.5 -Jan 24)

//once up +47.5% within 6 trading days

Wednesday, January 30, 2008

TGIC reached 7 today, called@5.95 last Thurs

TGIC, reached 7 today before pulling back, called(Bounce play: TGIC @5.95, Target:6.3, 6.42,6.8 ... -Jan 24)//met 3rd target.

//once up +17.6% within 5 trading days

TBSI reached 31.47 today, called@22.95 last Thurs

TBSI, reached 26.5 on Jan 25 & 31.47 today, now 30.91(+19.81%), called(Bounce play:TBSI@22.95 target:24.4, 25.6 stop: 22.5 -Jan 24)

//once up +34.7% within 5 trading days

Tuesday, January 29, 2008

TGIC now 6.79, called to long@5.95 on Jan 24


TGIC now 6.79, called(Bounce play: TGIC@5.95, Target:6.3, 6.42,6.8 ......Jan24)
//once up +15% within 3 trading days.

Monday, January 28, 2008

TBSI reached 26.5 on Jan 25, called on Jan 24

TBSI, reached 26.5 on Jan 25, called(Bounce play:TBSI@22.95 target:24.4, 25.6 stop: 22.5 -Jan 24)
//passed last target...
//once up +15.5% within 2 days

SPWR, reached 76.93 on Jan 25, called@65.3 on Jan 24

SPWR, reached 76.93 on Jan 25, called(Bounce play: SPWR@65.3, Target:70, 72.7, 74.8 stop: 60 -Jan 24)
//passed 3rd target...
//once up +17.8% within 2 days.

Saturday, January 26, 2008

Bond Insurer Plan Key to Market Calm

Bond Insurer Plan Key to Market Calm
Saturday January 26, 5:13 am ET
By Stephen Bernard, AP Business Writer
Bond Insurer Bailout Could Rally Markets, but Collapse Could Endanger Municipal Construction


NEW YORK (AP) -- If the struggling bond market is saved by a potential bailout, turbulence in the stock market could ease -- but without a bailout, cities across the country could have difficulty building everything from sewers to schools.
......

Shares of Ambac Financial Group Inc. which fell as low as $4.50 in trading on Jan. 17, are now at $11.55. MBIA Inc. shares, which bottomed out at $6.75, now trade at $13.80. Even Security Capital Assurance Ltd., which fell as low as $1.50 on Jan. 17, is trading at $3.05.

Wednesday, January 23, 2008

AAPL, called to short above 160+, dropped to 126.14 today

AAPL, called to short last Friday( AAPL: shortible above 160+, target: 155, 150, 148 stop: 169 -Jan 18), it once dropped to 126.14 today

//this short once dropped -21.2% within 3 trading days.

JASO once dropped to 53.23 while STP dropped to 46 today

JASO 4:00PM ET 59.91 -0.51 -0.84% 4,620,051 Chart, Messages, Key Stats, More
STP 4:07PM ET 49.12 -7.23 -12.83% 15,650,552 Chart, Messages, Key Stats, More

[ Bubbles ]JASO & STP: should be both under $50- soon

Tuesday, January 22, 2008

Apples dropped today: AAPL, shorted 161.45 last Friday

Last Friday I shorted AAPL, it once dropped to 146 this morning, called to short( AAPL: shortible above 160+, target: 155, 150, 148 stop: 169 -Jan 18)

//it dropped more to 137+ in A/H trading

Thursday, January 17, 2008

ABK dropped to 4.5, lost -68% for now

ABK is now 12.97, called to put around 25.6

Morgage insurer ABK is now 12.97(-38%), much lower than the target 15+ before OE this Friday,

  1. was initially called around 25.6 to put on Dec28,(ABK seems bearish here. Now 25.6. If you would like to take the risk, you could try some amount $$ in 30Put .-Dec28)
  2. Called again: ( Next target for ABK is 15+ before OE next Friday. Initially called ... -Jan9)

Friday, January 11, 2008

Luxury thing GIGM RIMM GRMN got dumped today

Consumer confidence at record low!

These names are my recent put/shorting picks....fast money-makers!!

Thursday, January 10, 2008

TOP STORIES

  1. Credit Worries Send Stocks Futures Down- AP
    Wall Street appeared headed for a slightly lower open Thursday after a profit warning from Capital One Financial Corp. raised concerns about a spread of the turmoil in the credit markets.
  2. Retailers Had Weak Sales in December- AP
  3. Wal-Mart December Sales Beat Expectations- Reuters
  4. Capital One Cuts 2007 Earnings Forecast- AP

Wednesday, January 09, 2008

GRMN put/shorting: initialized around 85.8 on Mon, pre/hour 77.35

update A/H: today GRMN once dropped to 67.5, we called to put around 85.8 on Monday. So that's really a fast mover!

Tuesday, January 08, 2008

[ABK 30put finally100%+] initial@25.6+with three targets: 23-21-18

ABK:
initial@25.6+with three targets: 23-21-18
dropped to 18.37 now, very close to my 3rd target 18


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1 message - Collapse all

From: "Blue Blue"
Date: Fri, 28 Dec 2007 10:53:36 -0500
Local: Fri, Dec 28 2007 10:53 am
Subject: ABK seems bearish here. Now 25.6. If you would like to take the risk, you could try some amount $$ in 30Put.


ABK seems bearish here. Now 25.6. If you would like to take the risk, you
could try some amount $$ in 30Put.


target: 23, 21,18
stop: 29

Monday, January 07, 2008

Trade less, watch more, a way to protect yourself

Market is so volatile.

Thursday, January 03, 2008

SPWR STP CSIQ called yesterday, rising so far so good!

DSTI reached 7.7 today, called@4.9 last Wednesday

Tomorrow will be a very important day for the bulls!

Wall Street has for weeks been eyeing Friday's December jobs report. The Labor Department report should help indicate whether the solid job market that existed last year can continue in 2008 and help sustain consumer spending.

Tuesday, January 01, 2008

Happy new year! Happy trading in 2008!