Wednesday, February 28, 2007

Cash is the king!

I think easy money has been made. If I were an investor with a full time job, cash seems a better choice. But if you have to trade, trade less. Shorting may be visited more often from now on.

Tuesday, February 27, 2007

I am a chicken

I closed all my long positions, except BRCD. Please go to winning and losing trades on the right to see my recent performace. Certainly today you will see more losers:)


Too bad BRCD reports a good earning at a wrong time. The green arrow was my buy pt.


Among over 200 stocks I track daily, only ONE is in green now. That is BRCD. I don't even remember when it was the last time I have seen this type of panic. EXCITING!

Fearful selloff

I expected to see an event igniting a quick rally, but now we see a massive selloff caused by the fear spilled over from overnight crash of China stock market. Readers know I was not optimistic of China stocks, I just did not participate a crash like that, and that would be the killer of US market. Anyway, be cautious. The decline is not over yet, it is just a start.

Monday, February 26, 2007

China market

China market is down a whopping 7.4% right now! Will the fear spill over to US?

Looks familiar?

This is the daily chart of the NASDAQ on 4/24/06,looks familiar? I know the current NASDAQ chart looks similar. Are we gonna have a weak spring started a month earlier this year? I don't know, but I do know we need the Financials to be stable here, to have a healthy bull market. Frankly, I become more concerned as days go on.


It is finally taking off today.

Friday, February 23, 2007

A bullish case

This is the weekly chart of FDX, which is at all time high. It is hard to believe our economy sucks while Fedex is trying to break out. I know I may sound contradicted, but the market is deemed to make us confused. Anyway, I think we will see a quick rally soon, now we are just waiting for a event to ignite it. What event? I don't know. So let's wait to see.

Financials are retreating

The financials are giving back the recent gains. BSC is down $5, LEH is down $3, MER is down $2, MA is down $2, CME is down another $8. I am concerned by the money rotating out of the financials, even though I am encouraged by the strength of the semiconductors.

How much do you spend to wash your car?


GLBC is breaking out after some consolidations. The green arrow is my but pt.

Thursday, February 22, 2007

EBAY's theme song:)

The Semiconductor is breaking out

People know I pay attention to the Semiconductor index. With its participation of the rally, I am gaining more confidence on the bullish side.

Tuesday, February 20, 2007

He is good.

Now I know where my next vacation is

Damn,I could stand there and just watch them roaring for hours. What a joy! To make it even better, I wish I could bring my car in there, chasing them.

Spy photo: 09 NISSAN GT-R


I added UTSI last night to my newsletter, it is having a nice breakout today.

Update: TIE

TIE continues to climb.


VTIV has been featured in my newsletter for days, today it is fianlly breaking out big time.


RIMM was added last night and the buy pt was triggered this morning.


I added GRMN to my newsletter last night, today's open triggered the buy pt.

Friday, February 16, 2007

Update: NT

My target on NT is around $32, I would start taking profit around here.

Happy Chinese New Year

Thursday, February 15, 2007


NT has been strong lately. The green arrow was my buy pt.


WLP has been featured in my newsletter since last week, the green arrow was my buy pt.

Update: SHLD

A touch of $187 will trigger another wave of buying.

Wednesday, February 14, 2007

Update: MA

MA is bounceing off the support nicely. Now up $5 since my entry.

Bulls are coming back

Remember what I said last Friday? I said the bulls were not completely dead yet. Today they come back alive, and with vengeance.


Metal is still strong, TIE has been in my newsletter for days.

Tuesday, February 13, 2007

Can we hold on the gain?

Even though we have some gain this morning, it could be easily wiped out in the next one and a half hour. The bears still have the upper hand.

Saturday, February 10, 2007

Is this Shanghai?

No way, it looks like New York.

Recent transactions

Please go to the winning trades and the losing trades to the right for the recent transactions. I keep updating the trades I think they are notable.

Friday, February 9, 2007

I have a hope

Today's action is disappointing, but the uptrend is still intact and the bulls are not completely dead yet. They need mroe armors for next week.


Today's reversal is nasty, I am scaling back my long exposure.


The decline at MA is breathtaking. Currently it is right on support, I am taking a small position.

Update: SHLD

SHLD has been featured in my newsletter for days. Today's strength thanks Jim Cramer.

Thursday, February 8, 2007

Wednesday, February 7, 2007

Still bullish

Though the market did not have a strong advance as I had expected, it still has a chance to attack upside. I remain bullish and I am holding all my longs.

Mighty CSCO

CSCO just single handed saved the techs. We are going higher. I am on full margin. Let's rock and roll!

Update: X

My notation on the chart is wrong, I meant to say I would take profit around $90. Anyway, I am going to close the position today.

Tuesday, February 6, 2007


The market is coming back, which is good for the bulls. However, I am still concerned by the lagging performance of the NASDAQ. It is so hard to find a tech leader right now.

HEART "Alone"


FWLT is breaking out today. Finally I can post some stock charts instead of music videos.

Another copy of "Final countdown", hahaha

EUROPE: "Final countdown"

AEROSMITH "Livin on the edge"


Monday, February 5, 2007


SHLD was in my newsletter last night, it is breaking out today.

Update: X

X now is up over $7 in 5 sessions.

Sunday, February 4, 2007

Saturday, February 3, 2007


ITWO was added to my newsletter last week, now up over 20%.