Taxes taxes :/

I’m getting a super headache from taxes.  Not only do I have a possible 40+ page Schedule D, I have to deal with all kinds of small business corps that don’t know where there money went.  Does anyone know where their money went?   Anyway, just thought I make a small post here because I finally have a 15 minute window to say hello and now you know what I’ve been doing these past few days. 

In the meantime, check out Riverbed Technology, Inc. [[RVBD]] , one of my picks for this year.  I can’t stop thinking about it.  It’s up about 20% since our buy point.  Keep an eye on the 5-day chart, with 27.50 as short term support.  As long as it declines on small volume I would be expecting a nice pop in price and volume soon.  Anyway have a great night!

(Oh, and by the way, Ragin don’t forget Home Buyers Credit.  IRS Form 5405  )

One of my picks for this year is near a buy point.  [[CAGC]] has found what it looks to be a temporary support.  I say temporary because it lacks volume between 22-24. 

CAGC is a Chinese fertilizer company that was just introduced to the market back in October.  I have buy-limit set <24.  This is a pure momentum play so I’m hoping for breakout on volume soon.  If not, it could serve up to be a good day-trade on the short side.

Of course, everyone watching this stock already pinned it at +100, which makes it hard to reach that level.  Today the overall market strength looks good, but coffee stocks are flat.  This concerns me a little about this sector.

Meanwhile, I’ve been tracking NTAP for a few weeks now and finally it got some impressive price + volume action.  I’ve been a fan of new data use technology (remember cloud computing?), and NTAP is a great company that services other companies with large and bulk data management needs.   Another plus for NTAP is that they are, uh, tapping in to the oil industry.  Haha, I couldn’t help myself. 

As a once wise fictional golfer said… “Just tap it in….  Just tap it in….  Give it a little tappy.  Tap tap taparoo.”

Hi all… just got back from one meeting.  Got about 2 more to go today.  I’ll be back trading again tomorrow. 

In the meantime, solve this if you’re smart.

 _ _ _ _ _  minus _ _ _ _ = 33,333  using 1 2 3 4 5 6 7 8 9.

New longs:  LULU (40.80)

New shorts:  URBN (37.50)

Maybe I should start a clothing company.  For some odd reason, the IBD 100 is flooded with a bunch of clothing companies.  They have had several steady bull runs for fractions of the last few years.  This is a pair trade set up.  Note that LULU did capture the #1 spot on the IBD 100.  Also keep an eye on JOSB, which is calling for some option plays.

New shorts:  DRQ 59.20

My goodness, what a great Sweet 16!  Xavier versus Kansas State was pretty epic.  Unfortunately Cornell was underwhelming.  So now I need Kentucky, and Ohio State to lose, and Purdue, Northern Iowa or St. Mary’s to go all the way for my bracket to win.  Yeah I need a miracle.

Oh yeah, stocks…. waiting for solar stocks to breakdown soon.  YGE fade?

Education stocks looking a little toppy here.  BPI and STRA have these interesting parabolic patterns.  Don’t short them.

That’s all the notes I have for today’s quiet tape.  Have a good weekend.  I’m taking my rod to the beach!  Lol.