New longs: STAR (22.82), FUQI (22.08) @ 1/3 position, AMED (39.15)
New shorts: TNH (104.70), SLW (8.90)
I also have X as a daytrade short (looking for .50 cents); and trying to get shorts in ZNH.
– Buying the dip on FUQI; I have a strong feeling it will go down more, so don’t follow me here. Notice I’m only at a small position.
– watching SOHU which is up 5% and STP which is down -9% giving me mixed feelings on China. ZNH is at 18 which is a screaming short. If you can get it, get it!!
– Target for TNH is 98, so I’m going for a quick 5-6 points here.
– Buy medical breakouts or biotech stocks that are dipping: AFAM nice squeeze today. AMED looking strong again. NVAX has healthy dip. They’re all performing well, which is usually a bad sign for overall market (bullish stocks in bearish markets).
– and if you haven’t noticed yet, Solars, our favorite “trading sector” is all messed up: SPWRA, STP, FSLR, CSIQ, YGE, SOL are all over the place. Topping pattern. Short if you can, or take profits if you are currently long.
– Coffee stocks flat, but ready to make a big move next week: GMCR flirting with 70 early today; PEET strongest; CBOU weakest, trades near 5 and horribly under that. I have a short bias.
– Education stocks: showing slight weakness, but looks like it will fade the rest of the MONTH. STRA had a quick reversal; others are flat- APOL, LINC, EDU
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Short SLW?
Blasphemy.
I believe you will be hearing from Jake shortly.
I believe we have different time frames. Jake is like super long term. I play retracement level.
nice buy in STAR, I bought some CSIQ on this dip.
This is my second position on STAR. So far I’m down on it. hoping to average out.
Half of you don’t deserve to read this blog half as much as you think you do, and the other half don’t deserve to read it at all!
Remember that shit? LOL
Nice to see you in CSIQ Rage Cage.
Yes, CSIQ is my #1 play solar play at these levels.
SPWRA is my favorite right now. And YGE is a close 2nd. YGE is very dangerous to short here. Buy YGE on dips. believe it or not, it actually hit the IBD 100.
Yes sir yes sir Solar sir!
ZNH needs to get a beat down.
Gonna add one more time to my short .
Did you get shares?
yah, etrade had 600 for me.
has gone up about 4 points since theStreet pumped it. trying for a first order to short….
amount of shares my broker has is pathetic. I’ll try again tomorrow.
At this point I wish my broker didn’t give me the shares 😛
Pump it!
I’m kicking butt in AVII spec. I need a bio-pump song. post coming up tonight. any recs?
http://www.youtube.com/watch?v=gAjR4_CbPpQ
Anyone like KRE here?
Broke 20 resistance, but KRE has little upside from here. If I were to play it I would short near 22, so if you’re long you have about 2 points to pull for here.
Come on FUQI!
Energy lotto… NEP China North East Petroleum. Keep on your day-trade long list for tomorrow.