RBAK

RBAK running hard.

NWRE

It is approaching my target quickly.

ISRG

Another pick for the chat room.

TRAD

Today's pick.

HANS

Another winner from two days ago.

BBBB

The green arrows were my buy pts.

What did members say?

iceage[11:33:19 AM]: today is my first day here and I am happy with the return

Andy[11:34:52 AM]: the first day for me too, I am satisfied with 3%

angelaw[11:34:35 AM]: took profit on isrg too. I am exhausted today. but 5k income one day, worth it.

tanghuanqiu[12:55:32 PM]: teacher, i have confidence on you.

Ashy[12:19:45 PM]: I have made statistik closed trades till 1. nov. +34,97% ,not bad.

angelaw[11:38:37 AM]: I have been benefiting a lot from the ucla since I join him. His analysis of the
angelaw[11:40:36 AM]: market trend has been giving me a sense for trading every day. In other words,
angelaw[11:41:00 AM]: I am leaning to buy, sell, hold stocks or just sitting back to watch the market
angelaw[11:41:16 AM]: at a different circumstance.
angelaw[11:41:27 AM]: His selection of stocks basically has a
angelaw[11:41:40 AM]: aggressively increase above 5-12%, which give you enough space to play around
angelaw[11:41:49 AM]: If you catch it at a right timing, you can be comfortable to run
angelaw[11:42:01 AM]: back and forth a couple of times per day. Some recommended stocks show a
angelaw[11:42:17 AM]: weak sign one day , but they will be back soon at other day. Such as ffive, wfmi.
angelaw[11:42:26 AM]: I am so glad to have chance to learn from UCLA , in other word, I am so happy to
angelaw[11:42:39 AM]: make money under his guide. Thank UCLA very much
uclatrad[11:43:58 AM]: u r very welcome, angela
uclatrad[11:44:08 AM]: thank u for the nice words

Ashy[11:45:04 AM]: I see for the profit I need 10 trades, you make it with one trade
Ashy[11:45:31 AM]: minimum less work

angelabw: wow... I should add more. Thank u very much. within 30 min, it is increased $5.

poohpigletxi: ok sold asei,ucla, your cool.
poohpigletxi: you are too cool!

ashy1_1: since first november till yesterday closed trades (with adding) +37,96%

angelabw: sold yhoo at $41. profit is $2.72 /shares( more than 5%) within 4 days. where is Ali? He should sing , " sing a song".... Thanks UT again.

jkl1027: selling some yahoo, 8% profit, thanks

ashy1_1: ok in november I bot almost every stock what U T recommend
ashy1_1: why? simple ,it works!!!

poohpigletxi: teacher, thanks for all of your picks.all goes my way

poohpigletxi: MASTER, all of your calls are doing superb today.

andyoung: I am almost follow every pick
uclatrader: improved your performance since u joined us?
andyoung: 100 shares each
andyoung: yes, thanks a olt, UT
andyoung: lot

poohpigletxi: 120 is not big deal
poohpigletxi: only couple of dinner outside
uclatrader: yes
uclatrader: not so many ppl think like u
poohpigletxi: i wish i knew you earlier

uclatrader: XI, SELL HALF NICH
poohpigletxi: OK
andyoung: wow
andyoung: unblievable

(7:06 AM) poohpigletxi: You are true master!u gave me the confidence when it went down yesterday.thank u!

(10:18 AM) poohpigletxi: MASTER, U SHOULD POST UR REAL TIME CALLS AT DQ
(10:18 AM) poohpigletxi: I AM SO PROUD OF YOUR WORKS


Mike: all YOUR picks are very good;

Brian Riley: thanks UT for all the great picks

poohpiglet1st: master, ur picks all work out beautifully

Andy888young: today is one of those good days

Andy888young: I am doing well so far this month
Andy888young: >8% gain
uclatrader: nice
uclatrader: which stocks made u money?
Andy888young: most from shorting hans, ffiv and long from grow
uclatrader: great!!!

Great call on LWAY and the other picks too.
man you rock.
Sold half of LWAY and holding the other half for sometime looks like a
good long term prospect and it crossed 15 so might be a IBD 100
candidate.

-Kiran

Hello, Sir:

I am not trying to flatter you or anything. But you are truly doing a great job in making this newsletter worth its cost. I like your "Some good escapes" post a lot. It's an honest reflection on the mistakes/close-calls/good judgements you've made, and that says a lot about your character. As an investor/trader, I am always trying to do my own homework when it comes to what to invest on. But your guidance has been a great source in filtering out the good candidates and it's certainly very much appreciated in such a volatile market right now.

Please keep up the good work, and the best regards.

yuanyuan yu


You have had some impecable picks lately

Just want to thank you for your picks and the knowledge that I have gained
from you

-Kiran

Hello Uclatrader,

I love your subscription service. Keep up the good work. You are truely brillant and have guided me through this volatile market. I have lost so much money in the past few months and you have taught me a lot. At least I am starting to make my money now with your newsletter. Thank you.

Maven

my portfolio is up 8% since I joined less then month ago. Thankyou

Rob

I have learned a freaking lot from your picks and your trading style.
Thanks for all the hard work you put in for guys like us.

Thanks,
Kiran


Hello sir,

I just traded for the first time on your charts (long RIMM 135.8 but took an early profit at 138.8) and just wanted to drop you a thank-you note for the great tip.

I am looking forward to receiving your future emails.

Thanks so much.


Colin

Log from yesterday (I really love it)

Ashy[10/31/05 12:28 PM ]: till now very good, at the moment I am 22,45%+

gkadir[10/31/05 12:28 PM ]: ashy on how many days trading?

uclatrad[10/31/05 12:29 PM ]: yes

Ashy[10/31/05 12:30 PM ]: I started oct.11

uclatrad[10/31/05 12:30 PM ]: that was awesome, ashy

gkadir[10/31/05 12:32 PM ]: Ashy, it sounds like your a man on fire

gkadir[10/31/05 12:33 PM ]: ashy is this return all from UCAL picks?

Ashy[10/31/05 12:34 PM ]: I sold TEVA , BCSI, GMXR,NTES,RNWK,FFIV(old) all with very nice profit

gkadir[10/31/05 12:35 PM ]: Ashy are these all from ucal picks or your personal picsk too?

angelaw[10/31/05 12:35 PM ]: those were from UCLA

angelaw[10/31/05 12:35 PM ]: I had some move

Ashy[10/31/05 12:36 PM ]: all UT, own picks quite lousy, no profit no loss

gkadir[10/31/05 12:36 PM ]: Ashy, I think you need to invite UCAL to Hungary and feed him well, and take him dancing on the beach

gkadir[10/31/05 12:36 PM ]: I don't mind coming and singing for you in the background

Ashy[10/31/05 12:37 PM ]: UT will be most wellcome forever

uclatrad[10/31/05 12:37 PM ]: thanx, ashy

uclatrad[10/31/05 12:37 PM ]: i m really glad

Strong market

The major Indies look weak, but underneath the individual tech stocks are on the move. My members and I have done a terrific job since the chat room opened. One of my members is up whopping 22% since October 11th. Wanna know how we achieve it? Please join us and check it out yourself.

RVSN

I suggested this morning in the chat room at 14.9.

NVAX

It was mentioned in the chat room this morning at 4.2

ANST

The green arrow was my buy pt.

BBBB

The green arrow was my point.

RBAK

The green arrow was my buy point.

Try my platinum service for $40

I decide to open a one week trial for platinum service, for as low as $40. Hurry, sign up now. The market is on fire!

NWRE

I recommended NWRE more than a week ago at $16 area.

Trading record

I just updated the October trading record. Lots of trades, tough market.

BEXP

BEXP was featured in my newsletter two days ago.

Semiconductors

Sorry for the late update. I was busy with my personal stuff. The semiconductor index has brought the bulls some headache, but it is having an incredible comeback. As I said before, we are in the process of bottom building. Don't panic, you will never make money in panic.

Update: CRDN

Remember what I said about CRDN yesterday?
http://uclatrader.blogspot.com/2005/10/crdn_26.html
You should be glad by now.

Weakness

The weakness continues as the semiconductors is dragging down the Nasdaq. But look at the internet index and the banks, I think the bulls may have a chance by the end of the day.

ARBA

ARBA was featured in my newsletter earlier this week.

Update: AX

CRDN

Traders should take some profit off the table, the earning is coming out soon.

WBSN

I mentioned in the chat room couple of days ago.

Morning

Most of indecis are in green this morning. I continue to like this market.

Strong close

Weak open, strong close; bullish action, typical bull market behavior. I like it.

NTRI

It was featured in my newsletter two day ago.

Open

This morning the market faces some profit taking, which is absolutely normal after several days' advances. I am not in a hurry to "all in", as I am still concerned by the semiconductor index that is trying to build a bottom.

NTES

Another pick from last night. It is rocking!

AX

It was featured in my last night's newsletter as well.

JCOM

A pick from last week, rewarding us pretty well so far.

NWRE

It was featured in my newsletter last night.

BCSI

It was one of my intraday pick on last Friday. Up another 5% this morning.

Chat room

Due to the increasing numbers of platinum service users, I opened a chat room last week to replace the MSN chat. This way, I think I can offer a better quality service to our members. Also the members can gain positive experience from each other.

Trading record

I just updated October trading record. This week, I had some small losses due to the market volatility, which I forgive myself. After the market bottom is in, I believe I can do much better.

Techs

The information technology sector is showing the leadership, which is why I remain bullish on the market overall. I think the volatility is just part of bottom process.

Another reversal?

Today it is ugly. We give back all we had from yesterday. Difference? Techs are holding better. I guess I have to wait for tomorrow to change my stance again:)

Update: MEDI

Target hit.

TOMO

It was featured in my newsletter last night.

Reversal

In the last post, I said I liked the action, but I didn't expect we had a such strong reversal. I am back to the bull camp, officially.

Better action

I like today's action. The Nasdaq is down a tiny 3 points. The important banking index is holding very well. I think the bull may get a chance.

Update: TEVA

TEVA rocks in a bad environment.

Update: LSWN

It continues its recent strength.

TEVA

TEVA continues its recovery.

BBBB

Breaking out big time intrady, mentioned over MSN this morning.

Facing resistance

After last week's rally, the market is facing some profit taking. I don't recommend traders to bet the farm here. We are not out of the woods yet.

Trading record updated

The October trading record is just updated. I did very well this week, both shorts and longs. And only two losing trades.

CRDN

Mentioned over MSN this morning.

MEDI

Mentioned over MSN this morning.

BCRX

Mentioned over MSN this morning. More upside ahead.

Open

The market is trying to continues yesterday's momentum, so far the result is pretty weak, though we still remain green. I still see this as a sucker rally, with it in mind, traders should have quick fingers on the longs and do not hesitate taking profit.

Is this the bottom?

Honestly I don't know. I am closing some of my long positions I bought this morning. Even though I am happy to see some relieve, I still treat it as a sucker rally as right now.

Update: semiconductor index

Remember what I said yesterday about this tech index?
http://uclatrader.blogspot.com/2005/10/update-semiconductor-index.html
It is up over 2% now. Nice!

AHC

It was featured in my newsletter last night.

UPL

It was featured in my newsletter last night.

LRCX

I brought this one up as well over MSN.

AMLN

I brought it up over MSN this morning.

Shorting

Some subscribers complained before that I barely recommended shorting. The reason? Because we had been in a bull market till recently, in which the pullback is normal. There is no reason to short a bull market, which I think it is stupid and suicidal. But this week is different. All my recommendations have been shorts and they are all profitable. I hope now they understand my strategy a little bit more. A stock, which does not go up today, does not mean it will go down tomorrow. Remember, trading is not that easy; it is not just black or white.

Update: semiconductor index

It is approaching the support quickly. Bounce, anyone?

VLO

I recommended it as a short yesterday over MSN. Target 100.

Covering some shorts

Even though the market is still weak, I don't suggest any new short positions. Instead, I am covering some of my shorts, because I think the market is due for a bounce. We are in an oversold territory.

GOOG

Lower prices seems waiting for GOOG.

More weakness ahead

I can't smell a thing bullish. No bottom yet. Avoid this market.

Semiconductors

The semiconductor index is close to breakdown, which often leads the Nasdaq.

Past trades for the October, 2005

bot desc @ 7.74, sold @ 8.75, net 13%
bot redf @ 15.18, sold @ 15.9, net 5%
bot redf @ 15.18, sold @ 17.53, net 15%
bot redf @ 15.18, sold @ 17.9, net 18%
bot jcom @ 40.78, sold @ 39.53, net (3%)
bot lm @ 109.68, sold @ 108.91, net (1%)
bot uthr @ 71.07, sold @ 70.47, net (1%)
bot cmed @ 22.5, sold @ 23.9, net 6%
bot cmed @ 23.51, sold @ 24.8, net 5%
bot smsc @ 30.08, sold @ 29.6, net (2%)
bot iiji @ 10.14, sold @ 10.15, net 0%
bot cnvr @ 14.5, sold @ 14.19, net (2%)
bot mgn @ 6.85, sold @ 6.6, net (4%)
bot gold @ 16.1, sold @ 15.5, net (4%)
----------------------------------------------
short goog @ 311.07, cover @ 303.18, net 3%
short shld @ 118.96, cover @ 116.2, net 2%
short aapl @ 50.61, cover @ 47.99, net 5%
short vlo @ 107.46, cover @ 100.1, net 7%
short aapl @ 49.21, cover @ 50.53, net (3%)
bot rbak @ 10.1, sold @ 10.1, net 0%
bot amln @ 34.31, sold @ 35.9, net 5%
bot lrcx @ 32.17, sold @ 33.73, net 5%
bot amln @ 35.4, sold @ 36.15, net 2%
bot cme @ 290.55, sold @ 310, net 7%
bot bcrx @ 15.35, sold @ 16.8, net 9%
bot bcrx @ 15.32, sold @ 14.9, net (3%)
bot bcrx @ 15.3, sold @ 16.8, net 10%
-----------------------------------------------
bot medi @ 32.57, sold @ 32.61, net 0%
bot crdn @ 37.16, sold @ 38.01, net 2%
bot ngas @ 12.25, sold @ 13, net 6%
bot rhat @ 21.21, sold @ 20.985, net (1%)
bot lwsn @ 7.21, sold @ 7.42, net 3%
bot bbbb @ 25.15, sold @ 26.46, net 5%
bot tomo @ 17.1, sold @ 19.155, net 12%
bot rhat @ 21.5, sold @ 21.25, net (1%)
bot bbbb @ 26.65, sold @ 27.04, net 1%
bot teva @ 34.7, sold @ 35.01, net 1%
bot leap @ 34.55, sold @ 34.24, net (1%)
bot bcrx @ 15.42, sold @ 15.35, net (0%)
bot ctxs @ 26.29, sold @ 25.97, net (1%)
bot holx @ 54.75, sold @ 53.94, net (1%)
bot ntrs @ 51.76, sold @ 52.22, net 1%
------------------------------------------
bot jcom @ 40.5, sold @ 43.8, net 8%
bot lrcx @ 33.83, sold @ 34.2, net 1%
bot arba @ 7.09, sold @ 7.12, net 0%
bot arba @ 7.09, sold @ 6.9, net (3%)
bot ctxs @ 26.47, sold @ 26.54, net 0%
bot vclk @ 16.95, sold @ 17.19, net 1%
bot vign @ 16.85, sold @ 17.17, net 2%
bot redf @ 18.5, sold @ 19.49, net 5%
bot akam @ 17.45, sold @ 17.16, net (2%)
bot cnqr @ 13.58, sold @ 13.35, net (2%)
bot sbac @ 16.05, sold @ 15.52, net (3%)
bot anst @ 30.28, sold @ 30.89, net 2%
bot ntri @ 29.2, sold @ 30.81, net 6%
bot amln @ 36.93, sold @ 37.51, net 2%
bot issx @ 25.33, sold @ 24.1, net (5%)
bot wbsn @ 57.22, sold @ 58.4, net 2%
bot ffiv @ 49.35, sold @ 51.32, net 4%
bot crdn @ 39.31, sold @ 41.47, net 5%
bot actg @ 6.47, sold @ 6.28, net (3%)
bot dgin @ 29.04, sold @ 29.2, net 0%
bot bcrx @ 16.04, sold @ 15, net (6%)

Bounce

The market is trying to bounce. If you still have open long positions, I would suggest get out using this rally. I don't think the decline has finished yet.

Selloff

The market continues its selloff this morning. Most of stocks I watch are in red. I am surprised to see GOOG and CME holding so well. The financials are holding as well. I think we might have a chance to reverse the decline.

Weakness

The market extends yesterday's weakness. If we close like right now, I would get sell signals across the board, which would force me back on the sideline.

What is swing trading

According to Philip Gotthelf, who has a very well written article about daytrading in the current issue of SFO, swing trading "involves identifying swing points that usually are based on a momentum-exhaustion theory". He outlines a stock movement containing five phases: ignition, acceleration, deceleration, consolidation, and reversing.

For me, I see consolidation, acceleration, consolidation again, and reversing. Regardless the number of phases, as a swing trader, all I need to do is to identify the consolidation (the longer, the better), to jump on the board when it is about to accelerate to the upside, to jump off the train when it is about to consolidate its recent gain.

I am a swing trader. Are you? If you want to become a trader, you have to find out what type of trader you are or you want to be. The sooner, the better. There is no good or bad. Just find one that fits your personality best. Like music, some people love classical, some people prefer heavy metal; one is not superior than the other.

Me? Intraday trading requires me to be attached to the monitor for too long; long term investing needs me to study too much fundamental information that I can't find any truth within the data. So I stick to my favorite: swing trading.

Disappointment

I am a little disappointed that we can not have a strong followthrough since we have a weaker energy price today. Maybe we are not ready yet, we need more time. The key is still on financials, which fall to the low quickly.

Update: Crude oil

Crude oil looks like breaking down, which will be super bullish for the equity market.

Update: CMED

I brought it up over MSN yesterday at the green arrow, I think it is time to take some profit.

TEVA

I recommended it yesterday. The green arrow was my buy point.

IIJI

I recommended it two days ago at the green arrow.

Financials

I am watching the banking index closely. If it can go above 97.5, I think it is safe to say long heavily in the market.

Refund policy

1. I offer a free two-week trial for the first time subscribers.

2. Please think very carefully BEFORE pressing the PAYPAL button, absolutely NO REFUND of the current subscription;

3. But I will definitely stop billing you the next cycle, if you want to cancel the service.

4. After you cancel the service, you will not be able to receive the remaining issues. So please cancel it near the end of billing cycle.

Update: DESC

I am taking profit on DESC.

BRLI

It was featured in my newsletter last night. Breaking out today.

HAWK

HAWK is still strong after the breakout.

Waiting for the financial

The financial is still building base while others are trying hard to take off. Look at semiconductors and biotechs. As soon as the financial bounces its support, I think the Nasdaq will break out to the upside. The leading sectors will be semiconductors, biotechs and internet.

CMED

I just recommeded it this morning at $22.6 over MSN.

NTRI

It was my Friday's recommendation over MSN.

September trading record

I just updated my September trading record. I have to admit that I did not get entirely away from the market. Oh well, maybe for couple of hours. The reason? Because the individual stocks kept breaking out while the major indices were still in bad shape. I exchanged my frustration with the subscribers and said that with so many breakout to the upside, the market might have hard time to break down. So I jumped in with very tight stop and caught two big winners: REDF and AMLN. MNTA could do better, sold half at the top of the range, stop loss the rest as it went back to the breakingout point.