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Zenhunter

Don't pay dollar to keep 2 cents when wrong. Cut your losses quickly. Trade what you see, not what you think.

Time of Day- 2:30pm EST (inflection point)

Statistically speaking, 02:30pm is a pivotal point (in time) for either the trend to “continue” or “reverse”.

If the trend continued- possible avalanche.

If reversed, a hammer candlestick bar will look really nice for next week!

Please be mindful…

Good Hunting!

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Best Buy ~ Best Sell?

If the weekly support failed (around 21.79), watch out…

Needless to say, I short BBY.

Good Hunting!

 

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The Ghost of May

Sell in May and go away

Will this be a self-fulfilling prophecy?  I’m not going to hang around to find out.  Raise cash to 80%.

I re-short the weaker stocks using put option- RIMM & NFLX.

Good Hunting!

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Ain’t gonna argue with the market…

I stripped my DDD & SYSS back to core position.  Took profit on added position.

My greed say “Hang on to your added position!

My inner voice, “Market sentiment is not good.  Everything can go down with it.  Better play safe and be DISCIPLINED!”

My greed say, “Come on now!  3D printer is going to revolutionize the industry!  You gotta to hang on!”

My inner voice, “Tell u what, I get out now (for the added position only) but I promise to buy them back if price bounce back. ok?”

My greed, “I guess so, but you promise!”

Click, click, click, and click!

Done.  Position reduced.

Just another day at the market.

Good Hunting!

 

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DDD: Cubify = Creativity = Fun = Joy

I believe when DDD starts selling their consumer version of the 3D printer on May 25th, it will surprise everyone how well received this new gadget is.

My take is that not only will the hobbyists be the first to grab them; elementary to college institutions will grab them to for the purpose of encouraging creativity.

Needless to say, I added MORE DDD today!

Good Hunting!

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Bought SINA

Price action for the last 6 days all pointed to a strong support force against the downside move.  Upside motion seems to take over for now.

Good Hunting!

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Short NFLX with June 85 put

This one is easy, there is no presence of “external force” moving against the original downside motion.  I’m going with the flow…

Good Hunting!

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Short AAPL with May 18 $600 Put

By looking at the daily chart, you can see the obvious presence of the “external force” moving against the original up “motion”.

Since I’m in the money, my stop is at breakeven.

Good Hunting!

Ps. My previous AAPL short with May 580 Put was closed before earnings report; I knew better than to gamble on earning report.

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Not all stocks are created equal…

I stripped my portfolio to the barebone core position to lock in some profit, cut out the losers, and raise cash to 45%.

Of course, I’m keeping DDD, SSYS (they seem to be UNSTOPPABLE!!!) and a few other choice selection.

With a “new industrial revolution” postulated by The Economist’s article, I just don’t see how any meaningful correction can take place with DDD & SSYS.  My take is that there are many buyers on the sideline waiting to jump in at any opportunity.  I took profit late last week on my added position in DDD & SSYS but bought them back early this week ’cause the correction I was hoping for did not happen.

Between DDD & SYSS, I can see SSYS being the stronger mover due to the fact that they are merging with Objet.  As an anticipated IPO, I’m sure many were looking to buy into Objet.  The fact that there were no IPO but a merger, to me, is a Godsend for those who doesn’t want to pay thru their nose with the IPO price.

Here is “my” vision…

Imagine factories across the US installed with hundred (if not thousand) of 3D printers… you can see row and row of these printers in different sections of the factories.

Customer 1 called, “I need 3,000 of widget 1 and I need it tomorrow! Can it be done?”

Factory order taker, “I got 500 printers open up this afternoon, I can retrofit these printers to crank out your widget.  Will end of day tomorrow be good enough for you?”

Customer 1 response, “Fantastic!  PO (purchase order) is on the way!”

Voila, just in time manufacturing capability is becoming available for items that normally take months to make.  Overstock inventory will become a thing of the past.  Instead of printing for prototyping, 3D printer can actually prints finished goods!  This is called additive manufacturing.

With the power to keep inventory under control and at a minimum, can you see how “valuable” this 3D printer technology can be?

SSYS may have the potential to be a leader in this regard… but what do I know, I’m buying both DDD & SSYS to cover my bet.

Needless to say, I added more SSYS today.

Good Hunting!

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