thanks! Technamental . . well, I think we all agree that they are high in value.

yes, I follow New Highs and as that number grows it USUALLY forecasts a Drop . . .
BUT, things might really be different this time.
Good Luck !!
EDIT: I see 840 New-Highs and 46 New-Lows yesterday.
BUT, the point is the same . . .
as they separate to extremes, a Drop is coming to re-balance.
The same is true in the opposite extreme.

yes .. for sure!
"it's different this time"

a good article on how inflation affects the actual Stock market prices . . .
we're not even near All-Time Highs.
http://www.marketwatch.com/story/sp-500-must-rally-25-to-hit-new-high-2013-05-07
.

exactly! . . which is why I think the Big Boys are Buying IN here.
A Great Earnings report .. somewhat weak guidance (or just less strong) . . .
Buy when the masses are Selling .. the herd is Selling for sure.
I should have taken my +100 around 10:00.ET (= +20%), but was Greedy!
Biggest thing for newbies to learn is not to be Greedy.
and I'm not anywhere near a newbie!
Have a good night.

I just ADDed to my LNKD call position . . .
between 2pm and 3pm E.T. it really looked like a transfer from the weak to the strong.
I doubled my position for a cost basis of 407 now. (#msg-87714149)
Go Up LNKD !!!!

Added: LNKD JUN 22 2013 190.0 Call options @ 380 . . . .
doubled my position.
btw, correction to my original Buy post: bought @ 433 (not 233)
brain flub I guess when I originally typed that.
SO . . my cost basis is now @ 407

oops! . . I'm looking at my account status now
and see I am slightly Down on those LNKD Calls.
CORRECTION! . . I bought them at 433 .. not 233.
LOL! . . oh well . . I was really feeling good/safe for a while there.
The "2" must have come from something else I was trading at the same time.
oh well . . I'm still Holding because I don't see any real news . . .
just one alpha-blog article about it being over-valued.
If she Drops below today's current LOD, THEN I'll take my losses.

yes, you're right . . THAT is why I decided on June options instead this time.
I felt there would be a need for more time.

I'm still IN my LNKD Calls . . .
I bought them near the May-6 Lows ...
Jun-22 190 Calls @ 233 (#msg-87623569)
It's coming back Up now.

I'm still in my LNKD Puts . . .
currently Profitable and monitoring for more.

Don't know .. but I bought Calls yesterday so am quite Happy!
I think it continues to rise .. at least to the Gap bottom @ 187.75
My Call purchase: #msg-87623569
.

great! Trading . . .
I have been saying that NFLX will Drop one day . . .
but when it Dropped so far so quickly, I wasn't fast enough to get IN.
Glad you did!

my Weekly Seasonal Stock Trading picks from this past weekend . . .

 
 ARNA -- Buy above 7.50 looking for 8.50 within 3-weeks .. keep a Stop-Loss of under 7.38 
 HMIN -- Buy between 24.50 and 25.50 .. keep a Stop-Loss of under 24.18 
  WAC -- Buy between 34.50 and 35.50 .. keep a Stop-Loss of under 32.48

Bought: LNKD JUN 22 2013 190.0 Call options @ 233 avg. . . .
my plan is to Hold overnight.
I see LNKD rallying Higher this week.

EVEP . . hey, I posted that this morning on another website . . .
where is this "Jimmiknee on DC's board" ??
I want to see if he has other good picks.
Thanks !!

my Short-Term Day-Trading Commentary for today . . .

 
  AAPL - looking for a pullback .. Open Downers on a failed Rally after the Open ..  
           let Rally to upper 454's . . initial Stop-Loss over 455.03 ..  
           looking for a retest of the 44x area 
  AMZN - looking for a pullback .. Open Downers on a failed Rally after the Open ..  
           let Rally to upper 258's . . initial Stop-Loss over 259.03  ..  
           looking for a retest of the 252 area 
  LNKD - monitoring for an Up move .. especially on a break Above 176 .. OR .. 
           on a Failed Drop to the 175.00 area,  
           then keeping an under 174.00 Stop-loss 
  NFLX - looking to Open Downers at some point soon .. definitely on a break below 210,   
           but still waiting for a clearer timing Signal 

LOL!, yes .. very good . . .
Liberals are easy to pick out . . .
their hypocrisy usually comes shining through.
With DOW=15k and SPX=1.6k .. new Highs at the same time . . .
it IS a perfect time for a Swan Dive.

great! Trading 'smartone' .. btw,
that's a 57% gain !!

Sold LNKD May 18 2013 180 Put options @ 520 . . .
a slight loss .. I Held too long = greedy.
Lesson Learned ... again!

great! job . . I hoped you Banked those Profits.

totally agree! . . I am a Conservative and usually side with Republicans . . .
but I have been more and more disappointed with them as well.
I judge by character more than anything . . .
and Congress is now just full of characters!

are you serious ?!!? . .
Congress = House + Senate + President
= Republican-control + Democrat-control + Democrat-control
= Republic=1/3 + Democrat=2/3
= Democrat control for the MOST part.
easy peasy
nuf said

easy, the Sequester Cuts was their idea . . .
they control Congress for the most part
and they have decided to use these cuts to hurt the public the most.
Surely there are far more areas of waste than the FAA.
anyway . . JMHO, don't want to get into an argument/discussion here.
References:
Budget Control Act of 2011
AmericanTaxpayer Relief Act of 2012

thanks to the Sequester Cuts, I found out yesterday
that my Big software-development contract is being phased out over this month.
SO .. a Big source of income is gone and I will have to try to replace it with another contract.
aaaarrggghhhh!!!!!!!! Democrats!

my Short-Term Day-Trading Commentary for today . . .

 
 AAPL - looking for a pullback .. Open Downers on a failed Rally after the Open 
  BAC - Open Downers on a failed rally that stays mostly below 12.30 
  CRM - Open Downers on a failed rally that stays mostly below 42.00 
 JNPR - Open Uppers and keep a mental stop-loss of under 16.10 
 LNKD - Bank Big Profits on our 180-PUTs position from a few days ago 
 NFLX - looking to Open Downers at some point soon .. definitely on a break below 210,  
          but still waiting for a clearer timing Signal 
 

yes! . . I recommend NOT jumping IN Long-SPY right away . . .
let it come back Down and test the Opening Gap first.
If there is no Bounce back Up off the Gap, then weakness should follow.
This goes for any of the Major Market Indices.

I recommend NOT jumping IN Long-SPY right away . . .
let it come back Down and test the Opening Gap first.
This goes for any of the Major Market Indices.

very well said . . that's what I try to do as well.

good Trading! .. I missed AMZN along with others here.

yes .. for sure . . Fundamentals have become totally meaningless . . .
and even TA Charts that try to capture Market Breadth or other such "Economic Pictures".
I like this pic I ran across this morning . . "it's so fun to borrow money to invest"
We're creating another bubble .. "NO" ??

my Short-Term Day-Trading Commentary for today . . .

 
 AAPL - we got the Hold above 440, so will keep an eye on it Holding above a retest of the 438 - 440 area 
 AMZN - we got the Rally Higher I predicted, but my charts are not telling me to jump on-board 
 LNKD - I did Open a Downer (I used Put options) .. looking for a Drop today to Bank Profits on 
 SNDK - got the Drop I expected, but it happened too quickly for me to "safely" get IN 
  TSM - we got the Rally I predicted and it is now in the process of Failing . .  
         monitor today's action to see about Opening Downers 
 

Pre-Markets are weak . . bad pre-market news reports . .
Read the Economic News for yourself (scroll down once there).
Following General Economic News Pre-Market is very helpful
to get a good feel for what kind of follow-through to expect after the Open.

I'll be Holding overnight at a slight Profit . . .
I feel there is some Down coming at the Open tomorrow.
Remember, LNKD releases its Quarterly Economic Report AMC this Friday.

Bought LNKD May 18 2013 180 Put options @ 545 . . .
a little less than an hour ago.
Sorry for the delay, but busy Trading/Monitoring.
I DID post pre-market that I was looking to do this.

yep . . very nice chart.

LOL! .. I've thought about that, but am enjoying just posting on the boards of others . . .
of course no one named Don or Chef.

my Short-Term Day-Trading Commentary for today . . .

 
 AAPL - got the rally I expected yesterday .. now looking at 438-440 as a make or break level ..  
         expecting a failed Rally to Short, but will be ready to go Long if it breaks and holds above 440 
 AMZN - WoW! .. got the Down before I expected . . now I'm expecting a Rally Higher today, but probably will not Trade it 
 LNKD - going as I predicted/expected .. will Open Downers today on a failed Rally 
 SNDK - will be Opening Downers today on any Failed Rally that stays mostly below 55.00 
  TSM - will be Opening Downers today on any Failed Rally that stays mostly below 19.00  
 

thanks! rayrohn .. I've added those two subjects to my watchlist on SI.
I actually like SI, the website, a lot better than iHub.
They are not as stock-trading intensive as iHub, but I like their interface a lot better!

my QQQ thoughts for today . . .
Strong Up momentum now
Strong Support @ 67.00-ish
Strong Resistance @ 70.00-ish
Looking for a "Sideways" Open and then probably Down, but will watch price-action after 10:00.ET