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39 unique view(s)

September 29th, 2012

September 29th, 2012 6:08:20 PM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
Chugging away at more than 5 midterms + projects this week, but my schedule becomes super free again starting the 13th.  Something I've really wanted to finish for some time is an Optimizer/AI for the Tech Trader, so if anyone wants to help me and put it together at that time, let me know.  It's not necessarily hard to figure out, just a lot of code to type. Smiley
98 unique view(s)

September 27th, 2012

September 27th, 2012 9:05:02 AM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
That RSI2 trade is working great. It predicted long going into ECB and now it predicted Spanish austerity announcements. :p
September 27th, 2012 10:39:17 AM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...

Out of weekly calls at $1 (from .40), mainly because we're near expiration.

Holding the rest until the program sells (and when I actually get home to run it. -_-)

September 27th, 2012 11:02:35 AM PST
Posted by ueddarktom | #
ueddarktom (Guest) says in Stocks Daily Discussion...


Keeping the longs...good call on the SPX rebound




________________________________
September 27th, 2012 3:47:10 PM PST
Posted by ItsMeexD | #
ItsMeexD (Guest) says in Stocks Daily Discussion...
RIMM printing a nice hammer today on 3x Avg volume. 50 day SMA also flattening, super bullish. I will most likely be buying calls or shares tomorrow morning.

Also bearish on AAPL. Refer to action on 4/17/12 for details.
September 27th, 2012 3:48:31 PM PST
Posted by ItsMeexD | #
ItsMeexD (Guest) says in Stocks Daily Discussion...
Just saw After Hours movement in RIMM lol. Probably wont chase now, but I remain bullish.
September 27th, 2012 4:12:35 PM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...

RIMM beat expectations, that's why Smiley

39 unique view(s)

September 26th, 2012

September 26th, 2012 11:19:32 AM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
Just picked up a bunch of SPY calls after seeing the volume spike on the minute chart.
Mixed in 2/3 Oct calls ($1.70) and 1/3 weeklies ($.40), both at 144x.

Cleared out SYY and CHRW - didn't want so many moving parts in portfolio.  Probably should do that from now on (just stay in cash instead of making so many small trades when my main strategies are silent).
September 26th, 2012 11:40:53 AM PST
Posted by wd1040 | #
wd1040 (Guest) says in Stocks Daily Discussion...
Same thing - flipped gold after pretty bullish momentum after support (Ichi slow line hit). All the resistances are coming together and being hit at the same time!

yay Durable goods order tomorrow! (Exp -5.0% v like 2.3% last time)
100 unique view(s)

September 25th, 2012

September 25th, 2012 6:58:13 AM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
Finally a decent trendline break on my program.  Into CHRW Nov 60x calls at $2.25


SYY also doing well from last week.  Still holding a few SPY and BAC calls just for gamble on QE.

No longer in ALTR though; let those go at a loss.  Going to stick to trendline trades only from now on.
September 25th, 2012 12:48:09 PM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
Bah, my only trendline break for the week got nullified by a bad close.
Need to write a scheduler for the program so I can run the scan at the end of day while I'm in class, instead of trying to guess the close during market open.



I'll probably see how it does after this week for another chance to break the resist.  Otherwise I'll just take the loss; fortunately it's November expiration so I have plenty time.
September 25th, 2012 1:12:34 PM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
RSI2 generated another trade for SPY at today's close.  RSI2 for SPY and trendlines for stocks in general are my main trade strategies (which have been dry since QE3), so I'll probably be adding a more substantial position again tomorrow morning.  Can't wait Smiley
38 unique view(s)

September 24th, 2012

September 24th, 2012 8:23:54 PM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
Bollinger bands have been added to Tech Trader.  Enjoy.
I haven't had a chance to play around with them much though so there are no strategies associated with it yet other than pure display purposes.
105 unique view(s)

September 21st, 2012

September 21st, 2012 9:14:00 AM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
Grr I woke up late today. My sell limit for PCS took me out  at .80 open only for them to go as high as 1.3 in the same hour.

Picked up ALTR October 37x calls in the meantime at 1.2 on RSI2 oversold.
38 unique view(s)

September 20th, 2012

September 20th, 2012 7:56:04 PM PST
Posted by ItsMeexD | #
ItsMeexD (Guest) says in Stocks Daily Discussion...
check out DOLE. 14.60 resistance dating back to 2011. good volume recently, trying for all time highs. worth a look
39 unique view(s)

September 19th, 2012

September 19th, 2012 6:10:19 AM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
We finally bounced off that support I posted a couple days ago.
September 19th, 2012 9:20:40 AM PST
Posted by ItsMeexD | #
ItsMeexD (Guest) says in Stocks Daily Discussion...
sold to open a couple of $GOOG Nov 745 puts at 39.30.
September 19th, 2012 9:43:14 AM PST
Posted by ItsMeexD | #
ItsMeexD (Guest) says in Stocks Daily Discussion...
also trying to catch this Momentum King, long BVSN 11.22
September 19th, 2012 10:04:06 AM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...

Meh SYY  is up 15% on calls since the morning trendline break. I hope it pulls back for me to enter lol

September 19th, 2012 10:55:01 AM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
Just finished another run of the program. Looks like only two trendline breaks for today, SYY and PCS.  I hate MetroPCS though (as a company).
Watching the close as always before entering to make sure we don't have some sudden sell off that cancels the break.


September 19th, 2012 11:11:56 AM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
New positions for today total are:
SYY Oct. 30x calls at $1.2
PCS Oct. 11x calls at $.70

Also picked up a few QCOR 33x weekly calls at $1.45 as a gamble to see if it bounces after today's huge plummet.
September 19th, 2012 11:42:07 AM PST
Posted by t-rex | #
t-rex (Guest) says in Stocks Daily Discussion...
Short GS, what do you guys think. Potential exit on pink line.

P.S. How do you post images?
Attachments: GS.png GS_Exit.png
September 19th, 2012 4:19:47 PM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
I can see the posted images just fine.  You can also just upload to tinypic.com and use the BBCode they give you directly in your posts.

For GS though, I would normally draw the trendlines from the outermost peaks or troughs, at least the outermost for the year.
Not saying what you drew is invalid, but I have no opinion on it since I have not tried that before.
I would be careful of shorting banks when QE is in effect though.  It looks like you're just planning for a short into pullback so that's nice, but there are probably much easier things to go short on.
39 unique view(s)

September 17th, 2012

September 17th, 2012 11:46:05 AM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
Averaged down on BAC and SPY calls.  Thinking this is about the extent of the pullback.  Still confused why we'd sell off at all with QE3 just out, but ah well.
September 17th, 2012 6:29:34 PM PST
Posted by Dave | #
Dave (Guest) says in Stocks Daily Discussion...
long $TASR. thoughts?
September 17th, 2012 8:19:45 PM PST
Posted by ItsMeexD | #
ItsMeexD (Guest) says in Stocks Daily Discussion...
time frame? any news? good volume, stopped by 6.12 resistance, if it can clear 6.37, hello 6.88.
September 17th, 2012 8:52:01 PM PST
Posted by ItsMeexD | #
ItsMeexD (Guest) says in Stocks Daily Discussion...
also 10X daily calls today. nice spot!
117 unique view(s)

September 14th, 2012

September 14th, 2012 6:33:54 AM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
Got out of weekly calls at 148 on SPY.  146x today expiration, +300%
Going to reload on pullback, probably slower expiration and maybe other less overbought tickers to scale down my trading again.
September 14th, 2012 7:13:23 AM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
Just holding some SPY next week calls and BAC 10x Oct. calls now.
Picked up most the BAC calls on the pullback based on the below chart:
120 unique view(s)

September 13th, 2012

September 13th, 2012 8:42:16 AM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
Crazy spike on SPY. Went heavy on spy calls after we dipped back below 145. looks like qe got announced
September 13th, 2012 9:24:12 AM PST
Posted by wd1040 | #
wd1040 (Guest) says in Stocks Daily Discussion...
Since when did additional MBS purchases which will be recycled into more MBS purchases mean QE3? Looks like QE 1 vers 2... except that didn't really work in the long run.
September 13th, 2012 9:32:31 AM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
So far just me and Kevin Fu watching the market shoot up lol
You guys need to come on Live Chat and join us. Tongue
https://www.pftq.com/forums/chat/
September 13th, 2012 9:41:41 AM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
lol at my program still holding SPY from June.  I really look forward to the day it finally makes a trade, would be dramatic.
September 13th, 2012 9:58:41 AM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
Got out of my SPY next week 145x calls at $1.68 (from $1 an hour ago).
Going to gradually reload as we dip.  Thinking maybe we pullback mid-day and then end-of-day run up again to close near highs.
127 unique view(s)

September 12th, 2012

September 12th, 2012 6:58:34 AM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
Looks like more sideways until the Fed announcement tomorrow.  Only picked up two trendline breaks for today; will watch KSS into close to make sure they keep looking bullish before I buy calls (but I'll be on my phone - so we'll see how well that goes lol ). Already picked up STJ Oct 40x calls at $1.30.


September 12th, 2012 12:05:26 PM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...

lol at the relief rally on AAPL. Too much selling before the release so after it goes up instead.

Passed on KSS, didn't like that it closed below 54

36 unique view(s)

September 11th, 2012

September 11th, 2012 7:31:14 PM PST
Posted by ItsMeexD | #
ItsMeexD (Guest) says in Stocks Daily Discussion...
good spot on GS, was going to go in at 104.75 but took too long to go.
134 unique view(s)

September 7th, 2012

September 7th, 2012 6:26:58 AM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
Out of GS at $.75 (+500%).  I think I remember someone telling me yesterday how I was sure to lose money on this trade because of the lack of hedging.  Interesting how that went. Tongue
Signal from yesterday:


CMA calls also at $1.30 here (+62%), but expiration is longer so I can hold.
AXL from a couple weeks back (a trendline break) is also at $.80 now (+45%).
September 7th, 2012 8:02:32 AM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
Out of AXL at .9 (+63%).
Into next week F 10x calls at $.25

Update: Out of  at $.30 - was fast. Grin
143 unique view(s)

September 6th, 2012

September 6th, 2012 5:12:50 AM PST
Posted by pftq | #
pftq (Official) says in Stocks Daily Discussion...
http://finance.yahoo.com/news/ecb-agrees-bond-buying-plan-124538395.html
Now I know why my program refused to do anything but hold long the past couple weeks.  Another win for the program since I'm already out of SPY calls.  SPY is already up $1 in pre-market.  Bah