I’m hanging on to every long idea I have right now which includes the double beta index etfs and funds as well as QQQQ calls.
CSCO options went to shite as well as the MSFT ones.
New purchases in DAR and GU are doing fantastic today based on DAR’s great report. This was an additional position in [...]

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AEO - American Eagle Outfitters. I liked AEO when it traded on the Nasdaq back under symbol AEOS in December 2005. I like it again. We are basically at the same levels as that time and American Eagle ran up about 300% from my buy point.
RIMM - I love it here. they had ridiculous [...]

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Sold CSCO 12% loss. I had it on the short leash and it wasn’t performing. I see too much opportunity now to sit idle in CSCO.
I took a chance on 3 stocks with the proceeds.
BCON - Prone to having big spikes. With the energy bill being reworked this and all other alt energy stuff could [...]

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Selling in the morning. Dropping my index longs this morning was the right call because I would have lost close to 3% and 1.5% if I hadn’t. I’m happy about that. I was ” ” this close to actually going short, but didn’t have the strength to do it. Getting a little bit of profit [...]

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Being long. I called it yesterday in the comments of this post. I bought the dip yesterday nicely. I bought the ndx in my 2x funds, the qld which is 2x, CSCO calls, and QQQQ calls were all profitable. 8% in the NDX today for 2x funds. I’ve never seen a closing move that large [...]

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Dumped the CSCO calls I bought yesterday for 19%. This was a risky trade with 4 days left till expiration, but I liked what I was seeing in the chart yesterday and was confident that 30 would be hit.

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Looks like my SNDK purchase yesterday might pop today.
Citi Investment Research reiterated “Buy” ratings on industry leader Intel Corp., Germany’s Infineon Technologies AG, communications chip maker Broadcom Corp. and flash memory maker SanDisk Corp., among others.
http://biz.yahoo.com/ap/071112/semiconductors_sector_snap.html?.v=1
I’m going to need more than the 1.73% pre-market bounce though.
AMTD is popping 5.6% pre-market and the ask is at [...]

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Nothing worked today other than keeping a positive clear head and figuring out what my next trade is going to be. That is up. I’m playing the bounce and I think its going to be a big one.
I bought some AMTD calls today because I saw the E-Trade chart and know that SIC hedge funds [...]

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With 4 days to go till expiration I bought a fresh position in the CSCO 30 calls. I’m seeing positive things.

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Took a loss in USU calls and the blundering YHOO call purchase made last night. I have a feeling we might see some bounce today. My stuff shows us opening in oversold territory that might give us a bounce into yesterdays close.
SVA and GBT are booming today btw. GBT had blowout earnings. I made a [...]

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Being long. I held my index longs overnight from yesterday thinking maybe CSCO would help out. When CSCO reported they basically took the biggest dump in several years. I think 12% drop over 2 days - 9% or so today. I had CSCO calls as well that are basically worthless now. So that sucked too.
The [...]

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Being long. Indexes just dumped today. I lost about 5% on my NDX position. NOT GOOD. Its fucking up my yearly performance bigtime.
CSCO didn’t help. Very similar to ATVI. Good numbers…well ATVI were amazing numbers, and the good news is getting sold.
Late day CSCO calls buy - What a flop this trade is. Certain stocks [...]

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Taking a chance with the big volume in the Nov 35s as well as the Dec 35s.
Too much volatility going on. CSCO better crush numbers.

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Being long the indexes. 2% pop in the NDX. Its the only index I’m long.
I’m worried about tomorrow though with GM’s afterhour 39 billion non-cash charge and what that might do to the market. However, CSCO is afterhours tomorrow and that can save the day/week. The bifurcation between financials and technology is amazing. I know [...]

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I’m pissed I cashed out yesterday because there was a monster move in the indexes today. At the morning pricing at Rydex Funds I could’ve been staring at a > 6% gain in the RUT.
I did make back a significant amount of money in the RUT 810 calls though. This is a big deal. They [...]

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