Tomorrow Thursday

For tomorrow I really expect us to chop around. We have had two trend days up and three in a row will be truly rare on that note if we do gap up it is a short opportunity.
Some stocks to look at :
BIDU- looks like it is losing steam on the upside so watch for shorting opportunity on this one.
AAPL- The same.
POT- I like short if we can move up another $5 or so. I think this see $190 soon.
CSIQ- Watch for upside as FSLR reported stellar earnings.
SOLF- Same Deal.

Oh my number short for the next 18 months was mentioned by CRAMER but as a long. Again I am not short yet but I am looking at the $115 and $110 October puts. We will see where they open it tomorrow as I might play it small on a gap up here.



MARKETJEDI

BULLS!!!!!!!!

We making new highs into the close. 1283 on the S&P, think we will surpass last week 1291.50. Next level to watch is 1325

BULLS at WORK

Folks dont be too biased here as I think we can get lift in certain resistance areas.

Areas to look at are RUSSELL 735
S&P 1325
NASDAQ 2375

Nice move here

Last week we made a move to the 1292 level on the S&P and missed it by 2 ticks i believe. I think we will get there on this push. We will see, I have a time fib before next week wednesday.
Dont be to heavy one side here I think the financials have more upside here.

Up and down

Well what a beauty to take profits off the SPY puts this morning. Great trade because we are higher. I still think as I said over the weekend we can push alittle higher so we will see soon enough.

TRADE CALL UPDATE: Out SPY puts

Out the rest of SPY puts +90% here

Market seems so Heavy

Well folks I hope you guys are playing the trades on the blog because they have been simply awesome. In the last two weeks we have had SPY options up 100%, GOOG puts + 50% in one day, SKF puts + 100% in 3 days, SKF trade+ $15 in 3 days, TWM still a current holding up a gazillion!!! Our WM short is WAY up. Wow just huge winners after winners.
Anyways I THINK the bulls better really show up soon or we are dead, the market after yesterdays action just let me think we are going to look ugly very very soon. The DOW can easily see 8000, Yes 8000 level in a heartbeat and I am warning everyone again, don't get sucked into investing in this market because you will loose.
Yesterday after the close MER announced more potential write-downs and I believe if MER is writing down then Citibank will also. Citibank as most know was and still is my favorite short I called it short at $30 now it is $15 area and still think it will be half that price when all is said and done.
Friday I took the GOOG puts @ $11.2 and they went as high as $19 yesterday. Why did I take GOOG short? I think TECH is the next area to fall and will send the NASDAQ below 1750. RIMM is my number one short for the next year so please take note.

Folks I am here to help you all make money, so let's make it happen!!!!!!!!!!


MARKETJEDI.