Thursday, September 25, 2008

Today's session posts/emails from Regular Contributors Site / List ( "RCL")

Below are today's session posts/emails from Regular Contributors Site / List ( "RCL")

All of the ideas have played out by now

  ( so it is too late to follow any of those). [Charts are not posted here]
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Thursday, September 25, 2008

Closing all long positions

Have a great day

Posted by DavidDT at 9/25/2008 01:46:00 PM 0 comments Links to this post

WFMI good for "dumb luck long trade"?

Chart of WFMI

Buy range 20.15-20.22 Stop 2.07 

Trailing my VMW and TSO positions, trimming some XLF calls

Posted by DavidDT at 9/25/2008 12:48:00 PM 0 comments Links to this post

Easing on GLD Oct87 puts - close to some support

Posted by DavidDT at 9/25/2008 10:24:00 AM 0 comments Links to this post

Did "they" balance UltraShort ETFs?

SKF looks to be tracking XLF changes quite accurately today - will start paying attention to TWM, SDS as well.

Is something changing and "they" will drop pathetic "short sale rule or market makers finally can hedge against underlying?

moved VMW stop to 29.04

Posted by DavidDT at 9/25/2008 10:21:00 AM 0 comments Links to this post

TSO out of the base?

Looks like with oil prices staying where they are refiners might finally attempt to move higher.

R/R is good for TSO as long as it manages to stay above $19

Chart of TSO

Posted by DavidDT at 9/25/2008 10:01:00 AM 0 comments Links to this post

VMW intraday

VMW looks interesting for day trade at 28.40 ( stop 28.07)

Chart of VMW

[corrected WMV to VMW, luckily there is no such ticker as "WMV" and there is a "watermark" on the chart]

Posted by DavidDT at 9/25/2008 09:41:00 AM 0 comments Links to this post

Bush Effect, Goldman Goose and market take

El Presidente addressing the nation produced just the usual "Bush Effect" - Futures were slightly up before and immediately went down right after. As much as I don't see anyone capable to replace the guy that much I don't want to see the guy...only in America...
Lets talk Goldman Sacks for a change
Forget what media is telling you - GS begged to be saved and got what beggars get - right to live.
Buffet bought shares of GS at current price for $5 BIL - so far so good.
Buffet got $5BIL warrants too? @115? Getting interesting.
Wait - Buffet got 10% interest on $5BIL??? $500 MIL year after year on the company with expected revenue of roughly $1BIL?
Poor trapped GS - time to short after Bailout Bill approved.
Market tomorrow - just a hunch - Thursday/Friday - flat to up, if so - I'll be easing up on some long positions...except semis related...will see.

Posted by DavidDT at 9/25/2008 01:26:00 AM 0 comments Links to this post

Wednesday, September 24, 2008

trading Ideas I am looking at for Thursday Sep25

HD ( long) - sitting on reasonable support, I would watch for W%R moving up

HD

NTAP (long) volume dried up, W%R attempting to move from oversold

NTAP

ATHR ( long) - sitting on reasonable support, I would watch for W%R moving up

ATHR

Gold/related

I am holding GLD Oct87puts - in addition to that I have become VERY BEARISH on Gold Miners/GDX

SA, HMY, AUY, GDX

Posted by DavidDT at 9/24/2008 11:19:00 PM 0 comments Links to this post

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