Are you man enough to take it?

There’s a cloud of electricity around Sir Raul this morning as I trade with near impunity.  It may just be these storms rolling through the D, turning the entire landscape to a shade of green that can only best be described as ELECTRIC.

Big, big day thus far.  Let’s run down the moves:

10 trades in the ES, 10 winners.  Flawless victory.

Sold 1/3 NBG at the open + 20 percent.  My ancestors are treating me right.  I’m a decedent of ZEUS.

Sold my NFLX lotto ticket at AM swing high, made a G.

Bought more SNDK lotto tickets, let it ride.

I closed out my RVLT.  I never love this name and wanted my 5 percent gain.  It could still go.

I bought ACHN from fly’s homeless post last night.

I bought SNE.

Let me elaborate on SNE.  It has a bearish-slanted head and shoulders pattern.  Very bearish.  The NIEKKEI had a tough week.  I think they’re going to drop the hammer on shorts.  How dare they question their economic experiment!  Japan doesn’t play pimp.  This is my rebound play to get involved with the action.

I like my China names going into a weekend of Chinese PMI data.  They’ll look to get global attention this week, I feel.  I’m long DANG and HMIN.

Comments »

Yes, there was a selloff this afternoon.  Indeed, the NIKKEI is doing scary things.  Sure, there’s lots of uncertainty in the bond markets.  And certainly, we’re knee deep in month end foolishness.  But why not have fun with it?

I know everyone’s different in their approach and I respect that.  The buy and hold investor who got involved any time in the last 5 years is probably crushing, if he picked good companies.  The swinger who is patiently waiting for cleaner conditions is probably preserving a nice chunk of earned capital, waiting for her next opportunity.

I’m trying a little bit of everyone’s soup.

So far, my first two attempts at this option game have appeared well timed, SNDK and NFLX.  I’ve taken scales in both.  Aside from the paper gains I’m sitting on, which are very real money, I have a free ride on my lottery tickets, silly contracts set to expire tommorow.  There’s something to be said about this approach.  If either one of these continue higher tomorrow, we’re talking about 30-40 percent gains.  I never considered such speculation until “The Fly” brought OptionAddict into the mix.

I traded the spooz so poorly this morning, I can’t wait to review the trades while slamming my thumb in a door jam.  I need my pointer finger for clicking.

I HAVE MY CHINA FIX: Long shares of HMIN and DANG

Let me talk about DANG a bit.  My good friend @stockcats suggested the name via fortune cookie.  One thing stood out to me, the near geometric perfection of the triangle up here.  The Chinese, they love structure, symmetry.  Their leaders will point to this chart whilst we sleep and demand it resolve higher, as a show of power and formation.

I nibbled on the little bank that could, NBG.  I can’t pass up a good joke, even if it’s on me.

See my Dee’s?  DDD looks fantastic up here.  So do AAPL SNDK CREE and NFLX.  FB doesn’t look too shabby down there, either.

I’m feeling lucky, so I’m pressing my bets all over the place.  I can assure you some of them are wrong.  Until we decidedly trade lower, I’ll keep dwelling in the speculative components of the market.  But hell I’m young, I can afford to lose it ALL.  Fuck it.

Should I fall square on my face tomorrow, this post will serve as a jagged reminder of my insolence to the cautionary winds.

Comments »

If you have a speculative fervor and the funds to back it, you should take a close look at the Chinese burritos.  The Chinese burritos are yet to bloom their majestic flower.  When they do, it will become a showpiece in your garden, standing out from even the most brazen flora.

From the lot, reveled for their flawless financial statements, my favorite is hotel operator HMIN.  I’m certain millions of displaced Chinese labor opts to live out of these budget abodes, uncertain of the duration of their stay in the factory towns they spend their lives in.

Look at the huge measured move setting up on the weekly chart:

I like to get out in front of these measured trades, just in case they don’t work.  If we’re not imploding tomorrow, I’m a buyer.

Comments »