Afterhours all three of these companies reported earnings and it looks are going to cause a nice drop tomorrow morning. This is good for me since I added to my shorts. I wish I didn’t get rid of the intraday QID position today.
I forgot to mention that I dumped PWAV taking about a 1% gain [...]

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Well on the week to week basis we got the rebound I was expecting.
On a week over week basis, the RUT gained 19 points, and the SPX gained 21 points. However, things like the UYG did 14.6%. So certain items this week exploded while others were just good.
I flipped to a small index SHORT position [...]

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This is the way the current race looks right now if you are just going by the charts.
Yahoo right now is just not working. The market doesn’t like the uncertainty that swirls around the stock right now and its punished with impunity at any chance. Yahoo could play the next starring role in “Open Water [...]

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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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Worked:
Getting out of XLF calls options early this morning @ .30 with a 7% gain. I trimmed the XLF calls yesterday with a 35% gain. It was a good move because these calls flipped and closed down 13% from my buy point. They would be down even more tomorrow with C selling more stock for [...]

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MSFT - Options looked great had 35% in the bag. Decided to hang on. MISTAKE.
QQQQ - Call options were rocking. At least I trimmed some of the gains, but I plan on holding on through next week maybe up into expiration. I see new highs a coming.
Being long the indexes worked. My index trading account [...]

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Bought:
MSFT calls this morning @ .95 they are up about 30% on the day. Deciding to hold them.
WFR Jun 90’s @ 1.35 they report tonight.
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QQQQ calls from yesterday hit the 50% gain mark with todays rally/breakout in the compx. I sold about 30% of that position to raise cash for WFR trade.
Indexes look great.

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Worked:
Sticking with the longs.
QQQQ calls were good for 6% in the early action. In @ .82 out @ .87 (damn morning dip). About 10 minutes after I sold them, I saw that the market was going down, so I rebought the same QQQQ calls @ 1.02.

MSFT had a huge day today and I think [...]

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Worked:
Nothing really.
Sucked:
Indexes took a beating. Gotta have patience and discipline here. Loss of 4% for RUT and 2.6% for NDX. That bites. This is where discipline comes into play. I’m expecting a move this week. Maybe it comes on AAPL’s back tomorrow or MSFT’s either way the move up THIS week will need to eclipse [...]

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This is a late posting. Was extremely tired and I guess it caught up to me. I konked out last night early.
Worked:
EMKR and CPST both came back and closed positive. I was impressed with CPST’s trading action yesterday. Nice volume right near the close to push it back to even. CPST looks good long term [...]

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Worked:
The QID short, the UWM trade,  AMAT upped a little more, DAR was up almost 2%.
Sucked:
Being long the indexes and NOT taking the gains this morning when the market popped. Grumble… I cashed out those index longs eating the loss of 2% in the RUT and less than 1% in the NDX. Might have been [...]

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On Friday I bought SJT.
Today I sold CPST.
The market is going down everyday and we still haven’t seen the panic. I’ve got an inkling that if it doesn’t come today, its coming tomorrow. At that point I’m going to be a buyer again.
I’m in cash in pretty much everything except my YHOO calls which are [...]

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Worked:
Being long the indexes. I’ve been long for days now and today it paid off. More than 4% in the RUT and I’m RUT heavy in my index account plus 1.36% in the NDX.
SEED - Up 4%.
CPST - Had a great move today. Up 9.2% on the position.
YGE - I got ancy on my [...]

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Being long and NOT getting scared out of the trade. Made back 3% in the RUT, 1.5% in the SPX, and 1.4% in the NDX.
AAPL Feb 120 calls - In @ 4.5, Out @ 5.65. Had as much as 50% at the highs of the day, but got a little scared and with the market [...]

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MSFT bidding 45billion for YHOO this morning. Sweet. Microsoft is saying that Yahoo has significant upside potential. I agree. Yahoo has some of the best general sites on the web, between their finance site, their finance message boards offer significant potential and can be developed into something ALOT more meaningful, Flickr was a great aquisition [...]

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