I go under the secret identity of RF. I have "voices" in my head that tell me to buy stocks. When I sell my positions, they immediately shoot up another 15%, just to play games with me. I can't explain, just follow and watch the mystery. I have been trading for 7 years and I hope you enjoy the blog, as well as get good ideas. I also invite your comments and views. Feel free to comment or e-mail me at trade247@gmail.com. All positions posted are taken by me in my personal account or account that I manage; however, are not investment recommendations. See disclaimer below. Thanks and enjoy!
WHAT'S UP BIG MAN? BEEN BUSY WITH CRAP BUT HERE IS WHAT WE HAVE BEEN DOING.
1. BEEN BUYING LARGE CAP TECH: CSCO, MSFT, YHOO, GOOG, and ORCL.
2. OIL: LONG USO. IF YOU OWN IT, SELL UPSIDE CALLS ON IT IN CASE WE PULL BACK. STRONG RESISTANCE AT $69, SHORTS MIGHT TAKE IT TO $59.75.
3. BOUGHT AIRLINES AND REFINERS (TINY POSITIONS): TSO, DAL, LUV, and CAL. YOU HAVE BEAT ME TO THE PUNCH ON THESE (LUV AND CAL) BUT THE SELL-OFF IN REFINERS IS OVERDONE. IF CRUDE DROPS, REFINERS AND AIRLINES WILL SOAR.
WE HAVE MONSTER CASH POSITION, OVER 50%. I WILL LOOK INTO HIMX AND MIGHT ADD THAT AS WELL.
uso is for girls...i play dxo, i want mo mo! I might be crazy but i still think oil is going higher. Too many shorts dove into today (weak hands) and will be squeezed. DTO 3x norm vol, SCO 2x norm vol. Either swingers are coming in or fear of missing the crude short. I like DAL, i thought about buying that to, as well as AAI. I love ORCL! I read a great note on how the cost savings from JAVA would be realized twice as soon as BEAS deal. I missed my shot at $17. ORCL was the first stock I ever bought LOL, along with CSCO! Memories. You check out that new BING search website from MSFT? They need to get the real deal - YHOO! The new CEO of YHOO is a STAR! She's is going to take YHOO back to $20 and Ballmer would offer $50 for it! (kidding but Ballmer better do a deal soon). I wonder if Icahn likes her?
WHAT'S UP BIG MAN? BEEN BUSY WITH CRAP BUT HERE IS WHAT WE HAVE BEEN DOING.
ReplyDelete1. BEEN BUYING LARGE CAP TECH: CSCO, MSFT, YHOO, GOOG, and ORCL.
2. OIL: LONG USO. IF YOU OWN IT, SELL UPSIDE CALLS ON IT IN CASE WE PULL BACK. STRONG RESISTANCE AT $69, SHORTS MIGHT TAKE IT TO $59.75.
3. BOUGHT AIRLINES AND REFINERS (TINY POSITIONS): TSO, DAL, LUV, and CAL. YOU HAVE BEAT ME TO THE PUNCH ON THESE (LUV AND CAL) BUT THE SELL-OFF IN REFINERS IS OVERDONE. IF CRUDE DROPS, REFINERS AND AIRLINES WILL SOAR.
WE HAVE MONSTER CASH POSITION, OVER 50%. I WILL LOOK INTO HIMX AND MIGHT ADD THAT AS WELL.
uso is for girls...i play dxo, i want mo mo! I might be crazy but i still think oil is going higher. Too many shorts dove into today (weak hands) and will be squeezed. DTO 3x norm vol, SCO 2x norm vol. Either swingers are coming in or fear of missing the crude short. I like DAL, i thought about buying that to, as well as AAI. I love ORCL! I read a great note on how the cost savings from JAVA would be realized twice as soon as BEAS deal. I missed my shot at $17. ORCL was the first stock I ever bought LOL, along with CSCO! Memories. You check out that new BING search website from MSFT? They need to get the real deal - YHOO! The new CEO of YHOO is a STAR! She's is going to take YHOO back to $20 and Ballmer would offer $50 for it! (kidding but Ballmer better do a deal soon). I wonder if Icahn likes her?
ReplyDelete