Thursday, January 31, 2008

I totally agree

The following I quote from the and I totally agree. Oh, it is said by Rev Shark.

Bob, I have written hundreds of times that there is no one best way to trade or invest. A good value player will beat a poor momentum trader, and a good momentum player will beat a bad value player.

You have to pick the style that works for you................

My approach is working just fine for me, as I'm sure yours is working for you. If I tried to follow your approach, I imagine I would be in big trouble because it isn't suitable for my personality or portfolio.

Wednesday, January 30, 2008


I have been shorting AMZN for days, today it pays off!

Monday, January 28, 2008


Due to the blocking of the Blogger in China, I have to answer the comment in a new post. Thanks for asking, I am still on the sideline. This market is not worthy to trade actively. I will be more active when the direction is clearer.

Thursday, January 24, 2008

Some food for thought

Whenever the market is in uncertain condition, I decrease trading, spend more time reading, enriching myself. You have to understand the market is not an ATM machine that you can get cash out everyday. Sometimes you will have a slow season, just like the regular business, in which you should get yourself prepared for the next busy cycle.

Another book

Jim Rogers has a great insight for long term, my idol.

The book I am reading

I agree with all those things the author talked about, but it is lack of real useful tools readers can borrow. A good book for start-ups.

Tuesday, January 22, 2008


Target met and position closed for $5.

The Fed cuts rate as I expected

My wild guess is so f**king accurate. The Fed comes to rescue.

Friday, January 18, 2008

Buying opportunity?

I think we will reach a short term bottom soon, also I think the Fed will come to rescue before the month end meeting. Just a wild guess.

Tuesday, January 15, 2008

Update: DRYS

Target met and closed the position for $14.5 profit.

Wednesday, January 9, 2008

Update: ISRG

Target met, and locked in $56 in 3 days!

Update: CMI

Target met and closed the position for $7.85 in 4 days.

Update: DRYS

Now $7 in the pocket in 3 days.

Tuesday, January 8, 2008


I added ISRG Sunday night, now $22 in the pocket in 2 days!

Monday, January 7, 2008


I added last night.


I added CMI last week.

Friday, January 4, 2008

Update: CROX

Target met, closed the position for $6.5 or 16% gain.

Thursday, January 3, 2008