Wednesday, September 28, 2011

Quiksilver (ZQK) @ 3.16

We haven't looked at ZQK in a while, it surpassed our expectations in the past and this environment has set us back up to load-up.  This is a longer-term swing but should return 60+% w/ a target price of 5 bucks.

Happy Trading...

Great Trading in This Volatility

RAX options have been profitable in these swings.

DNDN is at its 52-week low.

TNK is now returning 18%.

FTR is returning close to 12%

Play the 2 and 3Xs if you have time in the day to trade

USD/EUR is trading on huge volume...  too much risk with votes looming.

Trading the indexes/options with DIA, QQQQ and SPY

Copper at its lowest in almost a year and a half

FSLR still dropping like a rock, any hope here?

Happy Trading...

Saturday, September 24, 2011

G20 Insight

G20 giving six weeks on Nov 4 meeting to announce plan for Eurozone.  If positive market bounce coming...


happy trading

Friday, September 16, 2011

Updates

ARAY returning over 10%.  Earnings Monday PM.  Initial look doesn't show support for a large bounce...

RAX jamming.  If you held look at covering at the increased call premium.

TNK back above 6.  Dry Bulk index strong...

Happy Trading...

Tuesday, September 13, 2011

RAX Sept 13 Calls sold @.90

covered for Fri at 36.  thinking we will get a pullback and get to keep them but am happy if they get called away.

Happy trading...