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On Monday we see a very nervous session with Dow Jones trading on a very narrow channel early session. Dow even managed to break down that channel as far as 12982ish although closed up 40+ points. The market, through this chart below, told us that the fed discount rate isn’t exactly the cure that they [...]

Yesterday’s trade isn’t really bad. I posted some about FSLR and ADSK in which both moved exactly as the chart told us. I opened a long FSLR Sept ‘07 85 Call @ $9.3, long ADSK Sept ‘07 42.5 call @ $3.6. I also have some impulse buy on AAPL Sept ‘07 125 call @ avg [...]

After the darkest, then pitch black, then finally a silver lining. I have a lot (I mean, A LOT) of stocks that is already heavily oversold and prepared to go higher. However, the dust hasn’t settled yet. The stocks are indeed poised higher but looking back through the last trading session where the market can [...]

Refer to this chart below (click to enlarge) that I made several days ago before The Fed’s announcement on discount-window interest rate cut.

However, after The Fed’s announcement, we can see a very big rebound which succeed a long doji the day before (my guess is, the news might already leaked and some smart money [...]

One of the tech stock that I’m looking into is ADSK that just released their quarterly earning report and got more than 5% price boost because strong reports. Fundamentally, the company increased their Q3 outlook from $520M - $530M to $530M-$540M, well above the consensus of $528M. This only means that the company is certain [...]

Another good play that I liked is FSLR. Just look at the chart, this stock is a screaming buy IF the dow jones can close green above 13100 today. Click to enlarge

Just a quick post here. May 24th this year mark the end of my trading the broad range market to trading just options. Since the beginning of the year, the return has been incredible and that still continues to my options trading in which at one time reach 60%+ in just under two months. [...]