Update: CMED

I think CMED can rally up to $59-60 area where is my target.

PCLN

PCLN has been featured in my newsletter for days as well.

CMED

CMED has been featured in my newsletter for days. Now 10% in the pocket.

AKS

I added AKS Wednesday night.

NASDAQ in danger

Now it looks more like a continuous pattern than a basing one. If that is true, we are going to 2100 area.

Update: WYNN

Now I think it could go to $95 area that is my new target.

GOOG

I have not played GOOG for some times, I added it as a short yesterday.

NASDAQ

In order to celebrate for the bulls, 2400 has to be taken. Until then, the bears still have an upper hand.

WYNN

After a shaken out, I re-shorted WYNN. Target is $100 area.

Update: FSLR

I am so glad I am stopped out of FSLR yesterday for $27.5 gain. It is trading at $211 pre-market.

Too bad, I got shaken out

AAPL

I shorted AAPL yesterday, now $12 in the pocket, would also take some partial profit today.

Update: FSLR

$30 in the pocket in 3 days! I would take some profit today, at least partially.

RIMM

I added it too.

FSLR

I added it last night.

Happy Chinese New Year

Wish everybody has a profitable new year!

I totally agree

The following I quote from the Realmoney.com 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.

AMZN

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

Answer

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.

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.

NTGR

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.

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.

Update: DRYS

Target met and closed the position for $14.5 profit.

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.

ISRG

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

DRYS

I added last night.

CMI

I added CMI last week.

Update: CROX

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

Update: LVS

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Closed the position for $15 profit.

Got shaken out, too bad

Happy New Year

Happy new year to my fellow traders and readers, wish you guys all have a profitable new year.

History repeated?

Looking at the shadows, got the similarity? Now we just need a bullish bar to burst out, as we did in September.

Update: SOLF

Up 28% in 4 days.

Update:LVS

LVS is still in a downtrend, now almost $10 in the pocket.

Double bottom?

A breakout above the trend line will signal the bullish bottom, at that time TSI indicator will also turn bullish by crossing above 0 line.

Merry Christmas

I added SOLF last night, now 20% in 2 days!

NASDAQ turns

I become bullish if we can hold the gain today.

LVS

LVS has been featured in my newsletter for days.

GRMN

I added last night.

Happiest when I see this!

An email I received from my subscriber.

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

NASDAQ revisited

The bullish pattern no longer exists, more selling pressure ahead.

NASDAQ

The bullish inversed head and shoulder is still intact, as now.

UTHR

I added UTHR back last night.

Financials are bouncing!

As I said numerously before, when the financials are rallying, I would be more dare to long. I am heavily long right now.

FWLT

I added FWLT earlier this week, now $10 in the pocket.

Update: MGM

More upside ahead.

SNDA

I added SNDA this Wednesday.

LIFC

So is LIFC.

ISRG

I added ISRG too last night.

MGM

I added MGM to my newsletter last night.

SPWR

I have been holding SPWR for days, now $10 in the pocket.

Update: EEM

EEM has been in my newsletter for days, now $8 in the pocket.

WYNN

WYNN has been in my newsletter for days, now $10 in the pocket.

FSLR

After shaken out, I added FSLR back.

Update: EDU

EDU is up $7 or 10% in 2 days!

Update: MA

MA is up $16 since my buy pt.