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Surf I am digging this SINA short. Short in the 34.0x range, but didn't get all the size I wanted, and didn't get to post it in a timely manner,it was moving too fast and I had distractions at home! (grr). There is still time to get in! Feel free to lean a 300,000 share sell order to help me out...

I find that the solution to trading breakouts, is to look at the larger trend and make sure the break is occuring in the direction of that trend. This is a core part of my system. Trading breakouts when the big trend is neutral or against you, is, in my opinion, suicide. The other thing RE...

If you want to know my definition of a "Key Reversal", please see the nasdaq action today. Looks like this might be the start of a real correction, next few days will confirm. Goodluck,

Yo surf, FWIW word on the street is that viacom is close to a deal for it's 82% stake of BBI. Supposedly they are selling it to a group of private investors. That may be a catalyst for some support of BBI, but as always take it with a grain of salt. Goodluck,

I've said it once, and yet I'll say it again: The dollar is a smoke screen for why gold is moving. China and a down-the-road inflationary environment for the USA are the real reasons, China's insatiable demand for metal resources will continue to keep supply under pressure. Does gold have...

Hey surf, check out SINA. I'm looking to short it if it goes for a downside break near 34. Initial target 32.25, with remaining to be held until buying arrives in force. Doomsday stop: 35.25. If I see real buying after in position but before initial target hit, I'll be getting out and will post...

Well this is a plan shot to bits today haha. If this gap doesn't close tommorow it looks like I'll have to wait even longer to take some aggressive overnight positions in this market. Just goes to show how dangerous a few-day base can be, even when things look to be turning against previous...

They are keeping the public out of the move, whether they know it or not that are the pawns of large interests in gold. If there is a trend and media is talking it down, that should give even more confidence in the trends staying power. Always keep in mind the financial media is the powerful...

Ok surf I expect some sort of stand to be made by the bulls shortly, either in the form of a reaction wave or basing action. I was just guessing it may take place friday and into next week's option expiry, but it might come sooner. I would prefer a reaction wave that appears very weak, that...

Far be it from me to defend anyone that I am not real familiar with, especially someone in the media with a reputation to look after, but look at it from a different perspective. The guy only needs to be right 50% of the time to make money with a solid approach. That said, outsiders who just...

A good gut indicator for this action is how the wildly bullish news of the past week or two has been met with chop or even small losses. When you have bullish news after bullish news and market has already run, and it doesn't want to go for another leg-up on wildly bullish news releases, it...

Well yes and no :). The reason price moves is a combination of how high or low someone is willing to buy/sell, AND how much liquidity on the other side is available. Think in your mind how you slide each of those variables back and forth and the resulting effects on price., it's a fun excersize...

This is a more advanced topic, but my method is to go with a stop at a point that is .5/.75 of the initial gain I am looking for. If I see the position go against me right out of the gate, and it doesn't hit that stop on the first swing down, I will get out on the next swing up even at a loss...

I think your presumptions are based off of analysis of historical indicator data, please correct me if I am wrong. Here's an interesting question. I'm not an investor but why not use this example for simplicity. Assume you want a 40$ stock. Your criteria for selection is based on this one...

I don't really agree, however, if it works for you then go for it. Markets are simply not random. The deal is simple. You see, some people have more information than others, and those people are greedy or fearful. It is human nature, look at why futures are so accurate in predicting the...

The most simple approach in many instances is the most difficult to explain! If I simply said "Buy a basket (or individual) of stocks that are acting better on this last downswing than the averages and are still in an uptrend", it would turn into a barrage of the "40-post skeptic and answer...

Great question, sorry for the long wind but I would like to answer this question a thoroughly as possible. Given the following criteria: For position sizing you factor in relative volatility of a given index to a given stock, and are playing for a swing and not a daytrade. I would say in this...

Again, I would suggest if given the recent market action, those who bought this pullback should have chosen the stocks or other instruments that are behaving in the strongest and most predictable way. It is my opinion, based on my analysis, that buying the *indices* for any sort of...

You're right, we are still in an uptrend by my analysis as far as the indices go. One thing to look out for though is a strong gap against the trend that is not filled immediately. This is not a good sign for the market psychologically or for trend momentum. I am a pullback/reaction trader, I...

Having same issue with it this morning, you're not alone... Goodluck,