28th July 2011–The “A” in A stock may not mean anything.

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

 

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

 

1. Stop loss triggered

 

Lesson Learnt:

 

1. Actually this stock should be sold earlier, but I am not paying close attention to it.
2. It tried to overtake the neck line at $47.00 with all the 20MA, 50MA and 100MA lines curving down. It failed.
3. Intraday also been resisted by both the 20MA and 50MA lines.
4. A downtrend for this stock is already confirmed. Time to let it go.

 

Intraday Chart

Historical Chart

28th July 2011–Citibank chased me out!

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
	38.50				Even	1 week

 

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

 

1. Stop loss triggered.

 

Lesson Learnt:

 

1. I did not expect it to be so weak, come all the way down to hit my stop loss. But then I am glad with my stop loss setup.
2. My stop loss point should actually be tuned higher yesterday, somewhere just below the 50MA line.
3. Will monitor and come back and catch it again.    ;-)

 

Intraday Chart

Historical Chart

28th July 2011–Pattern Study–SPY

Ticker:

 

1. SPY

 

Topic:

 

1. A possible Head-n-Shoulder formation.

 

Lesson Learnt:

 

1. A bad drop yesterday night. Thanks to the debt ceiling issue.
2. Selling volume is kind of high yesterday night.
3. Value dropped below 20MA, 50MA and 100MA lines , but still stay above 200MA line and the long uptrend line. Not a time to be too panic yet.
4. Reduce the number of long stock if needed and watch out the response on 2nd August.

 

Intraday Chart

-NA-

Historical Chart

26th July 2011–STUPID ME ! STUPID ME !

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
	$4.40				losses	7 days

 

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

 

1. STUPID PANIC !!!
2. Obama cannot get the House to agree on the debt ceiling plan. Future dropped > 100 points.
3. I am holding a few stock and this on is at negative range.

 

Lesson Learnt:

 

1. Why I always tend to sell at PANIC.
2. Market was very bearish, future drops > 100 points before market because Obama cannot get the house to settle on the hike of debt margin.
3. I was holding a few stocks and this one is at negative range, as a result I am worry that I might not have enough time to get rid of stock if market crashing down.
4. SECOND MISTAKE! I did not get back in to this stock when it turn.
5. STUPID ME! STUPID people like me deserve to be poor.

 

Intraday Chart

Historical Chart

25th July 2011–Embedded BEAR Trap Game inside latest AMD processor!

Ticker:

 

1. AMD

 

Topic:

 

1. Perfect BEAR Trap !

 

Lesson Learnt:

 

1. AMD announced better than expected new chip sales.
2. If you short right at the trend line and just below its 20MA line, you better cover.
3. A huge gap play came in with > 10 Million share told you something.

 

Intraday Chart

Historical Chart

24th July 2011–My Analysis

BULL or BEAR ??

 

Short term (1 week)	Long term (1 month)
-- SPY, DJIA and NASDAQ are challenging their top most resistance line for around the fourth time. This is bullish. If Obama able to get the congress to buy his idea, Monday will open much much higher, else watch out! -- All sectors are showing that they are challenging their top resistance line.	-- Debt talk by Obama can get worse if the congress play with him. -- Heavy data week ahead. -- VXX is still challenging the bottom line. -- GLD rally shows how worry gold bug is. -- FXI is still stuck in its downtrend.

 

Next Week Economic Data:

 

 

Input:

 

1. Pretty heavy data week ahead.

 

VXX chart:

 

 

Input:

 

1. It is challenging its bottom line. Things can get nasty. However, currently the bottom line still act more like a resistance than as support and it is still been guarded by the downtrend line.

 

SPY chart:

 

 

Input:

 

1. SPY reach a all time high again.
2. The uptrend line and its 20MA line still act as strong support line.
3. This should be about the fourth time it challenge the upper resistance line.
4. Pattern wise it is bullish. However it is a sword with double edge. It can act as a multiple top.

 

DJIA chart:

 

 

Input:

 

1. Similar to SPY

 

NASDAQ chart:

 

 

Input:

 

1. Similar to SPY.

 

UUP chart:

 

 

Input:

 

1. Again, UUP broken down again. A sign for the bull run for stock?!

 

Sector Analysis:

 

 

Input:

 

1. Almost all of them are forming multiple top or challenging its downtrend line. This is very bullish. However, temporary set back is somehow expected.

 

GLD, SLV, Petrol and Natural Gas charts:

 

 

 

 

 

Input:

 

1. GLD and SLV are just so strong. Not a good shorting target yet.
2. GLD is going to reach its upper part of its uptrend line. Shorting opportunity might be near.
3. It is much harder to predict for silver.
4. USO has came back up to its uptrend line.
5. UNG is still very weak. This commodity is also hard to trade.

 

FXI (iShares FTSE / Xinhua China 25 Index Fund) chart:

 

 

Input:

 

1. FXI is still fix to its downtrend.
2. All its MA line (20, 50, 100, 200) all curving downward. Be careful of all the China stock that you currently hold. Can be a hard hit.

 

Baltic Dry Index chart:

 

 

Input:

 

1. Shipping segment is turning south again. Not good.
2. If you check out the shipping stocks, they are just horrible.

20th July 2011–I found a partner in Friend Finder Network.

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
4.50				4.25

 

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

 

1. Intraday chart shows that it has started its uptrend.
2. Daily chart shows that it has rebound very well from its 20MA line.
3. Both daily and long term weekly charts look really good and in a very positive trend.

 

Lesson Learnt:

 

1. Actually the best buy point is at the daily 20MA line when it touches it.

 

Intraday Chart

Historical Chart