Sunday, June 9, 2013

The pullbck is over?

We are at the resistance after a soft less than 4% decline.  I really have no idea where the market will go next, so light positions should still be suggested.  Or cash until we get our trend back again.

Sunday, June 2, 2013


QQQ had 3 distributions in the last 10 trading days, time to be more cautious!

Updated: TSLA

I am cashing out this baby, will get it back once the market stabilizes.

Tuesday, May 28, 2013

Updated: TSLA

TSLA just keeps running!

Updated: XRS

Chinese education ADRs have showed relative strength, one of them is XRS.  EDU broke out as well.


CSII is breaking out today.

Friday, May 24, 2013


The Nasdaq barely regained the 10EMA, TSLA is breaking to the new high with strong volume. 

A minor hiccup?

After absence of break out setups for less than a week, I've got more than a dozens of them tonight, which makes me think this week's decline, only a minor hiccup in a longer term bullish trend.  It seems that Japanese market's 12% drop has washed out weak hands and now some of previous leaders are ready to burst out again. 

Thursday, May 23, 2013


QIHU has been performed very well for a Chinese ADR.  I will probably re-visit it once the market stabilize.