31st Oct 2010 – My review on AZO

Input:

 

1. -NA-

 

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses

 

Reason for Buy / Sell / Sell Short / Buy Back:

 

1. -NA-

 

Lesson Learnt:

 

1. My thought after my buy back is to go LONG. My thought was right.
2. I have to learn up this skill, that is to reverse my position when necessary.
3. My decision to BUY BACK was correct even though my timing was not good enough.

 

Intraday Chart

Historical Chart

30th Oct 2010 – Weekly Position Review

BP (SHORT)

Input:

 

1. Short term chart shows that position might be in danger.
2. Above 20MA and 50MA line in intraday chart is not good for me as a "SHORTER".
3. Long term chart shows that it is still within the down trend line and also the 20MA line.

 

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses

 

Reason for Buy / Sell / Sell Short / Buy Back:

 

1. -NA-

 

Lesson Learnt:

 

1. There are still a lot to learn on how to short at the best optimum price.

 

Intraday Chart

Historical Chart

 

 

JSDA (LONG)

Input:

 

1. Everything seems to be on track.
2. Currently it retraced back to the intraday 20MA line which is what I expected as healthy for more rally next week.
3. Daily chart shows that it has resistance at the trend line at $1.30.
4. Daily chart shows that it has support at 20MA and 100MA line.
5. Weekly chart shows that it has a good mental support at $1.10.

 

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses

 

Reason for Buy / Sell / Sell Short / Buy Back:

 

1. -NA-

 

Lesson Learnt:

 

1. My purchase point can be polished to be better.

 

Intraday Chart

Historical Chart

AONE (LONG)

Input:

 

1. Weekly chart MACD looks good.
2. Intraday pull back shows good extra loading point, if got $$$.
3. Intraday chart shows price is currently supported by 20MA and 50MA line and the uptrend line.
4. Another break above $10.00 will indicate strong long term rally.

 

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses

 

Reason for Buy / Sell / Sell Short / Buy Back:

 

1. -NA-

 

Lesson Learnt:

 

1. Again, improvement needed for entry timing.

 

 

Intraday Chart

Historical Chart

30th Oct 2010 – My Analysis

BULL or BEAR ??

 

Short term (1 week)	Long term (6 months)
-- We could be at a turning point. VXX is posing some threat. -- MACD in daily charts of SPY and DJIA has started to turn negative. -- The QE2 and interest rate announcement will be the key. -- Get ready to turn to BEAR when it happens.	-- Will not call off this BEAR before DJIA broke 11,200 point for sure

 

Next Week Economic Data:

 

 

VXX chart:

 

 

 

Input:

1. Be careful, VXX could be bottom up. It should all depend on the FOMC day on Wednesday.

 

SPY chart:

 

 

 

Input:

1. Daily 6 month chart shows that SPY is still intact, but MACD is starting to show bearish sentiment.
2. Some kind of correction might start. Long term chart shows that price are retreating from the 200MA line.

 

DJIA chart:

 

 

 

Input:

1. Same as SPY.
2. 11K point is a very important support point at 200MA line.
3. Daily 6 month chart MACD start to turn bearish

 

NASDAQ chart:

 

 

 

 

Input:

1. NASDAQ is still very strong and it still has room to grow.

 

Sector Analysis:

 

 

Input:

1. XLK is still very bullish. That explain why NASDAQ still not stopping.

 

GLD, SLV and UUP charts:

 

 

Input:

1. UNG is quite interesting, looks like already bottom.
2. UUP is fluctuating quite heavily at bottom. Could be in progress of deciding bottom.
3. USO continue to be block by the trendline.

28th Oct 2010 – Nice Car!

28th Oct 2010 – Time to SHORT AAPL?

Sounds like they might buy off SONY, ADBE and DIS.                             But, maybe can SHORT AAPL first.      

 

28th Oct 2010 – QE2 next week.

This is going to be interesting and of course………          SCARY!!!         

28th Oct 2010 – Is this true?

Is bank really going down? Watch out for FAZ.           

28th Oct 2010 – Too bad it wasn’t me!

Just too bad!!!                     

24th Oct 2010 – An article on Canon from FORTUNE

$45.00 could be a good entry.                        

24th Oct 2010 – Interesting cutting from FORTUNE.

I think this is interesting to take note.             

24th Oct 2010 – I promised, USD won’t go down further!

Sounds like a BUY for UUP.       

24th Oct 2010 – 500,000 RMB buy a toilet in China!

All I want to know is WHEN it is going to burst.

23rd Oct 2010 – My Analysis

BULL or BEAR ??

 

Short term (1 week)	Long term (6 months)
-- No reason at all for me to call off this BULL  with such an awful VXX chart	-- Will not call off this BEAR before DJIA broke 11,200 point for sure

 

Next Week Economic Data:

 

 

VXX chart:

 

 

 

Input:

1. BULLs are marching in strong. Don’t go into reverse ETF.

 

SPY chart:

 

 

 

Input:

1. Intraday chart shows that it should penetrate the top line on Monday next week.
2. Long term chart shows that it still have energy to come to 120 point where the resistance of 200MA line is.

 

DJIA chart:

 

 

 

Input:

1. Intraday DJIA chart also shows the willingness to penetrate the top next week.
2. Long term charts shows that it might retest the 11,200 point next week.

 

NASDAQ chart:

 

 

Input:

1. Same thing. Penetration thru the top is very likely.
2. All the Big Boys like AMZN, GOOG and EBAY reported good profits, bullish sentiment.

 

Sector Analysis:

 

 

Input:

1. I could have made "a lot" of $$ just trading these ETF, if I have paid attention to them.

 

GLD, SLV and UUP charts:

Input:

1. Looks like commodities and USD have reversed course.