Thursday, January 10, 2008

20080110PM

DJIA 12,853.09 117.78
NASDAQ 2,488.52 13.97
S&P 500 1,420.33 11.20

Metals at highs. Silver above 16.

CVI 25.13 +.2. This morning the lower opening took out my trailing stop on this long.
AKNS 10.63 +.77. Trailing stop exited this long.
VMW 80.49 +.6. Up on light volume. Yesterday went long option vmwap at 3.2. Today exited at 4.1. Today's vmwap range 2.8 - 4.6.
LNOP 11.5 -.15. Huge volume. Going down to 10.
NGD 5.59 +.3. Big volume. 8.7 wants to be tested.
GOOG 646.73 -6.47. Going to 625. This has a big impact on the Qs.

20080109PM

DOW 12,735.31 +146.24 (+1.16%)
NASDAQ 2,474.55 +34.04 (+1.39%)
S&P 500 1,409.13 +18.94 (+1.36%) Look for bounce to 1450.

Markets and many stocks had intraday reversal.

FDS 52.07 -.58. Would like to short at 60, going for 40.
SKF 115.9 -3.45. Intaday high 125.1. Look for 105 for possible buy.
ROY 5.94 +.68. Heavy volume. Resistance at 6.5.
GS 191.75 +2.25. Bouncing to at least 202.
AMD 5.53 -.47. Will drop another 50%.

Wednesday, January 09, 2008

20080108 1357

AKNS long didn't work. Still much weakness.
SEED Potential long.
VMW 79.27 +4.77. Paid 3.2 for January 80 calls. If it climbs tomorrow, look for it to stall at 85.

20080108 1341 AKNS

DJIA 12,680.19 91.12
NASDAQ 2,461.73 21.22
S&P 500 1,401.87 11.68

Yesterday markets sold off the last hour. Today opened down, with the fast money gapping out of speculative issues. Market is running up into the close, so short's buy stops will provide power to the upside.

Gold and silver metal is holding price.

AKNS 10.41 -1.74. Gapped down from 12s this morning. Tested lows. Long now to feed off short's trailing stops.

Monday, January 07, 2008

20080107 0932 Market Bounce Quick Trades

DJIA 12,821.23 21.05
NASDAQ 2,501.00 -3.65
S&P 500 1,415.40 3.77

Market was down hard last week. Today searching for rebounds.
HOLX 69.76 -1.36. Going for 80 if market runs for a few days. Buy here.
INTC 22.77 +.1. Down 15% last week. Buy here.

Friday, January 04, 2008

20080104 1444 LLNW

DJIA 12,802.29 -254.43
NASDAQ 2,505.09 -97.58
S&P 500 1,413.22 -33.94

LLNW 6.15 -.51. Closed 1/2 this short position. Remaining 1/2 is on tight trailing stop for the day.

Thursday, January 03, 2008

20080103PM

DJIA 13,056.72 12.76
NASDAQ 2,602.67 -6.96
S&P 500 1,447.16 0.00

LLNW 6.66 -.02. Was barely higher most of the day until near the close.
FXP 79.79 +.8. Going to 87. Needs more volume to take off.
HOKU 14.19 +1.71 on 10x volume. Intraday 52 week high. Any shorts are getting squeezed.