Markets are screaming higher today.
SPLS - Staples is up another 5.4% today based on Goldman Sachs upgrade raising them to the top of their retail buy list. Thats 22% in two trading days off the bottom. I hate being early.
SNDK - Breaking a downward trendline today and the buy signal went on a few days [...]

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Being long. Yesterday was a disaster in the market, and I was long. I couldn’t post because I’m on vacation and don’t have ready access to internet access. I saw what happened today. It looks like the bottoming process has definitely started. We should get a second up day tomorrow. We haven’t seen two in [...]

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RIMM calls. I got a little more than my $2 today. With all the volatility they finished up to $2.6. Thats .60 higher then my buy price of $2 yesterday - 30% gain.
If we were smart, and I was so close to being smart this morning, we could’ve loaded up on the November 105s when [...]

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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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Bought the SNDK Dec 42.5 calls for 1.35.

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Long the SNDK Calls. There was more to gain by holding on, but I took profits early. It was still a good trade. SNDK popped on an upgrade today. I’ve been scouting severely oversold stocks in this move and SNDK made the list. The thing about SNDK is that it was selling off before the [...]

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Popped a quick 20% in the trade. Great trade.

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Looks like the stock is about to drop and I didn’t want to lose anymore on it. Took a 10% loss on the trade. I replaced it with calls on SNDK. I bought in the money near term calls, but I think a smart play might be October or Novembers on SNDK because the stock [...]

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I picked up the in the money March 35 SNDK calls at $2.75.
Severely oversold and has appeared on the oversold list a long time now. Taking a shot with those puppies for tomorrow.

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