Its sucking me in the last few weeks on all the pushes and its been extremely profitable.. : )

COntrary to popular belief? chasing stocks is a winning strategy.. In fact, almost all my trades now are taken at 52wk highs with volume breaks.. I make a living doing just that..

Like Zeev always said- new highs beget new highs and new lows bring on new lows.. Some wisdom there very few people care to listen to..

I think youll get that and alot more.. Market had buyers even during the 1050 retests.. Not sure I see a reason to be leaning bearish here but thats just my opinion.

Market very strong.. I think we go much m uch higher at least into November..

gluck!

MCP hod.. market has gotten real easy the last few weeks.. made more money in this period then I have in 9 months..

What a crazy year...

surprised nobody is playing MCP/REE... Im long REE.. actually based on fundamentals too : 0

Hey- I think this hurricane is going to miss us.. what else is new.. never any excitement here... never..

goodness... I sure didnt expect it to pop like this geesh..

I got rid of some up here, it shot right to 9.5 in a flash.. wow..but definately going to try my best to trrail a stop on it here because this one sure didnt just go up on air.. there was some real buying yesterday and today..

funny funny market.. maybe we get some nice trading into the elections?!? I need it.. and thats the worse thing in the market is to need it : )

This ones now my largest position.. and it will get even larger over $9

This market suddenly became very trader friendly.. talk about skitzo... now I just have to find that bottle of speed I had laying around so I can make hay while its happening.. Joking of course.. well, not really but you know..

Heya Lizzy.. agree, I hate politics.. especially with what has happened the last few years? I sometimes wonder how anyone on this earth can sit back and defend either side... Id be hard pressed trying to defend either party at this point but I guess thats why these folks get away with what they do- that loyalty... kinda like sports...

Gluck out there today...

In the solar arena, I think JKS is going to be the big winner going into the rest of this year...

What a market... when you think of how difficult this year has been for some of us and then you see charts like IDSA or JKS... I was fortunate enough to catch both and those 2 trades made up for about 6 months of going nowhere...

Last few weeks have been fantastic.. wonder how long it will last? : )


Ironically as the long side trades get easier, so do the shorts as its easier to spot the garbage.... no shortage of garbage..

by my house theres some guy building a huge boat.. noahs arc...

I dunno but I think god (yes, THE god if you will) told him to build it.. said a flood coming..


yeah, its the year 2010... amazing... and while everyones looking for noahs or other artifacts? im frantically searching for Thors hammar myself.. Hey, dont laugh.. whys THAT funny? : )

just loaded up on this one actually...

: )

geesh I was posting the cover of RFMD and then it shot up like .20... but yeah im out, made nice coin there too.. will be revisiting it a few times today of course : )

Tanks guys!

edit- whoops meant PWRD.. where the hell did I get rfmd from hehe

Yeah it does appear to be a classic crowded short but geesh looking at those numbers again its actually a REALLY large short position so hopefully this thing doesnt grow legs..

Manipulators is right- a few 15k blocks on the bid at 23.9 trying to goose it so they are onto the big short position too.. if it drops under 23.6 im going to add alot more short...

Noise next door just driving me insane.. the drugs just dont make it go away anymore.. im such a cheap jerk, and now im paying the price for that cheapness being stuck here 9 months now.. life sucks...

and a little more at 24.. will stop over 24.5..

Underestimated it.. rats..

Shorted some PWRD at 23.65, just for fun..it has a large short position so I believe thats whats propping it a bit over 23 here.. dont think it will last..

Nice Seward! and while on vacation too you bum hehehe.. but you called it and boy the markets delivering it for you.. Nice work.. The fed saved me yesterday because I usually go heavy cash after the whipsawing so I came into today with next to nothing.. of course I cant lie- I didnt have a single short, but at least I was sitting in mostly cash..

Tomorrow should be fun.. Ill probably sit out most of the day till later after 2pm and see what setups look like.. is it just another retest or does volume continue to expand and lookout below?

Not sure anyone really knows, but it appears fundamentals are the driving factor at least for me- technicals dont mean too much here,. although they never really did to me anyhow- just the basics.. Funny- yesterdays rally after the fed was based on worsening economic conditions. but todays slide is blamed on the fact that they are bad and any temporary positive from that is irrelevant.. Makes you scratch your head : )

This fall or early next year I make just pick up a part time job to take some of the heat off.. making nights like tonight where im sitting in mostly cash alot more easy to digest.. Funny they keep saying there are no jobs out there but for someone on my skill level? theres an endless supply.. People simply dont want to reduce themselves from fat money they made over the last 1-2 decades.. I have no problem picking up a paint brush or stocking shelves at home depot.. money is money.. alot more reputable bagging groceries then being an accountant for one of the US banks or worse yet being a politicians.. cant shower that off.. : )

Im actually watching TAN for an entry.. I use to hate this sector but thats changing.. are there any other etfs for solars? been a while since i played.. PBW I know is another but thats really not solar more or less.. im in no rush here tho, and since chasing is what I do (up not down) I probably have some time to go before getting a good solid position in TAN..

Im just watching : ) My scalping days are over.. the stress and such is just too much.. but I do love days like this- mostly because I can see whats real and whats not, and you can spot the true winners easier then ever for future trades.. I also love reality checks- everyones so out of touch with the madness thats happening in Washington... print print print... keep thos printing presses running!

Geesh aint this market a peach : )

Check this out if you have some free time.. An excellent experiement about our evolutionary past and how a creature so intelligent as a human is prone to make the same mistakes over and over.. They are using money/wallstreet as the example, and for anyone thats ever blown up and taken wild bets to 'get back' or 'I dont care' mentallity.. Explains why the failure rate on trading is 95%...

http://www.ted.com/talks/laurie_santos.html

I really thought they were pulling my leg until they responded with the actual trade that created the message in the first place.. In the last hour I have send over 10 messages to them about how insulted I am, and also inviting them to please by all means report me! I also have 2 reps at ameritrade who always suck at my kneecaps for more money.. the bulk of my cash is in both ameritrade accounts, and also I have opened a total of 13 accounts over the last 2 years with family/friends and I assured them that I personally will do the transfer paperwork on each of those accounts..

It will be interesting to see what they do with my messages because I can be one nasty SOB and boy, I never have been so insulted.. I honestly ask the question- is it illegal to mirror trades in 2 accounts? how can that be illegal? christ I have done it for years... The only thing I can think of is that I had both orders locked and loaded and once I saw the trade I may have executed both within seconds and maybe that tripped off a trigger of some sort??

Ive been looking for an excuse to go to interactive brokers.. so this was the push I needed.. but Im sure giving them an earfull.. ahh there they are now on my phone.. I picked it up and hung it up... I would rather blast them with messages then hear from their kiss ass rep over the phone..

unreal.. never ends.. always an adventure.. Im a law breaking now.. meanwhile Jeffry Picowers estate still has the 7 billion they stole in the madoff case.. but us big hitters doing 250 shares need to be watched becase we are the real criminals.. argh im pissed : 0

soooo.. I get this email today from ameritrade.. warning me of manipulating stock prices, and how illegal it is..

What did I do? I bought 250 shares of JKS last week.. then 10 minutes later I bought 250 in my IRA..

I guess I wont have an ameritrade account after today because once they get my response they are going to kill it for sure.. I used more 4 letter words and basically told them to call the sec and go '****' themselves..

I gotta say- I have never been more insulted in my life.. I sure never realized its illegal to buy the same stock in 2 accounts.. and I surely cant see how 250 shares on a stock thats trading 100-200k a day is even a consideration.. ITs great to see they are going after the true criminals ya know?

Man ameritrade sucks.. arrest me.. please!

Yeah really strange- I actually stopped treating myself to them because the prices skyrocketed.. I was so tempted to get a lobster tail but that would be pushing it since I havnt taken home many paychecks this lousy year : 0

I even had to stop buying the fresh crabcakes, but luckily the frozen ones are pretty damn good and 1/3rd the price so its a win win..

Man I love food.. I actually start thinking about my food plans for the day in the last 1-2 hours of sleep.. starts my day on a good note : )

Yeah that end of day was what got me looking at it but I forgot to wait, was a bit too anxious.. You know ill chase it back over 18.20 : )

Waiting for Carls 1300...SHLO im sitting on for a few weeks- no rush since its a micro float but the fundies are there and the markets definately rewarding/playing those so hopefulyl i can get some more if/when it closes over $10

hehe im grouchy today so just doing quick scalps so I dont get further ticked off : )

bought some jumbo shrimp for later- thatll cheer me up.. funny i noticed the price of seafood dropped quite a bit last few months, wonder why?

everything else seems to be going thru the roof.. inflation coming ; )

phooey on AEIS.. stopped out.. bad pick, forgot to take notice of the low volume.. careless : 0

amazing how things change.. 6 months couldnt make a dime, now suddenly the buyers are everywhere and fundamental and charts working like a charm..

crazy game...

Trying a little AEIS but this is just a daytrade, long at 18 and stop is 17.69... kinda a 50/50 play but markets icky so why not try my luck ; )

I love VT.. always dreamed of moving there... but at this rate ill be long gone before I make that move.. I need to just kick myself and do it- dunno why I stay in NJ.. I hate change I suppose..

Yo Seward! I sold most of my IDSA up here.. This stock has single handidly put me back in the green for the year.. I replaced it with SHLO at 9.75.. same group- I have a buy stop to grab more if it breaks over 10..

hey hey now : )

Instant gratification pal.. where have you been? Im from the 'me' generation, the 80s..

Your email from last night cheered me up a bit just now.. I owe you for that!

Just not so sure shorting is a dream these days either.. Nothing seems to trend, just alot of insane driving moves that seem so convicing and then plop..

For now im sticking with fundamentals combined with good charts.. That is the only thing I have seen over the last 3-6 months that has worked consistently on bounces is the true fundamental winners lead the moves..

I also wouldnt put too much emphasis on key technical numbers since under/overshooting has been the theme for 2010...

All cash except IDSA.. if we close ugly that will go too : )


More wine in a box tonight?

restarted IDSA...

This market is back to its usual self.. computers buying and selling to each other.. this is really a sad sad market.. : )

What did YOU do to my STRI trade : )

hehe.. hanging on by a finger nail on that one.. chit!


Hello : )

Gotcha.. sometimes I go overboard with my babble.. I stole that from my mentor who was so colorfull when bashing a stock it was almost an art : )

speaking of dawgs- this NOVL cant seem to get over 6.25... maybe if we see another 2-300 point day it might break over.. This ones got more fleas then a junkyard dog! and here im bashing RMBS hehe

Yuppers- these 1 point swings out of the blue on the 5 minute chart hehe.. Crazy stuff.. If I told you how small I go into these youd die because remember im taking them for multiple day swings and this markets been filled with monster gaps/craps.. My allocations have gotten so small that I absolutely need a move ike IDSA to even get beer money out of it : )

Add on the way up.. thats the motto.. cant wait for the close today so I can head to the liquor store.. grab some wine.. Times are tough so I drink wine out of the box now rather then the bottle.. Sangrea : ) $15.00 will last you 2 weeks.. weekends included! the box seems to be bottomless..

You and me both- but that sucker moved in 1 week what I thought would take a month or two so in this market? grab that cash.. Just wish I could learn to leave more on the table.. I have been selling in bits and pieces on my winning trades but I never let them go far enough.. Selling is the hardest part- I always thought taking loses was : (

This CBIS... might just have to sink some cash into that just because heheh.. Amazing 20 years ago compared to today how the world is viewing it rightly or wrongly.. but the paranoid side to me says its because the good ole USA and its states are all short on cash and desperate for new sources.. Funny what money does.. no barriers ; )

Freakn Vector vest.. Why do these things come out after I sell? but it is kinda reassuring to know we talked IDSA at 12-13, and vector vest picks it at $17... : )

I just bought back into that STRI thing.. super small shares because its a gator... Solar- maybe TAN on a bit more of a pullback?

Hope your not up to your knees in that umm 'stuff' again today.. ewwwww... you just ring my phone if need be.. I need some R&R anyhow- would be a great excuse!

I remember years and years ago when I was in that field there was some huge meeting where all the semi conductor folks get together? and the joke was nobody would invite Rambus because each year they would simply go? look at all the new products? and then slam everyone with litigation..

RMBS is junk.. absolute junk..but just like all other junk it can linger and last a very very long time.. Anytime I think junk I think ZIXI and look how long that cat keeps getting new lives.. but RMBS redefines junk.. If your going to join a cult join the cult of Apple, not a buncha lawyers at an otherwise worthless tech company...

Freakn RMBS..

Checkout NOVL.. a break over 6.25 could be in the cards.. I have a pretty fat position in it one more time (since its such a quality company cough cough).. but seriously, if this moose is ever going to get broken up/taken over its probably going to happen end of July/early Sept..

spin that wheel.. roll the dice.. : )

RMBS vs the world.. everyone infrigned on RMBS : )

They need to change their business model to litigation corp...

goooooooo IDSA : )

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