I was done trading by 11am, but being long was a good place to be today.
I cashed the MSFT options near the open. The fact that I waited about 10minutes meant a loss of a couple grand because MSFT quickly dropped from the 36 level. I already mentioned it, but it was a gain of [...]

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Missing out on CYD - China Yuchai - when I had it in my grasp a few days ago. I almost bought it today when it was up only 13% on the day - closed up 18% by the close. News was that they got a new CFO because their old one sucked.
So far the [...]

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Being long. I was long the NDX from yesterdays close and I bought the RUT this morning when it was down slightly. RUT ended up closing positive slightly, but the NDX closed up a little less than 1% for the 2x funds.
NYX - Just bought this puppy today and it gets added to the S&P500 [...]

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I’m itching to make a trade so I bought some XLNX calls. They report tonight. Its a gamble trade, but its based off my semiconductor analysis I posted a few days ago.
Got the Nov 27.5 calls which are already up today big @ .60.

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I bought call options in SMH today because I think the SMH might pop next week yielding some short term profit.
1. The charts.

Now the weekly SMH chart:

If we get back to the $40 highs I’ll be ecstatic, but I’m only looking for a $1 move higher for right now.
2. I noticed some decent buying in [...]

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Well, I’m planning on a selloff coming soon. Maybe on the heels of the Fed announcement, maybe the end of the week, maybe next week. I’m going to plan on it happening this week though. However, I want to talk about some stocks that I want to buy long. Stocks that I think are good [...]

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