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As I said, I trade only on like 50 known stocks. I don't scan the market to find new stocks as I believe it does not make sense unless you have tons of money and you are out of ideas. You know that no one knows the end of crash but I do risk reversal when I say, "wow I cannot believe XXX has hit...

Disclosure: I have never traded BP and have no position on that so I believe maybe I can an honest opinion. Success on cap installation and rush to recovery by shorts and good earning season will push BP toward $40. I don't know what price it will stabilize. I say, it will hit $40 this week...

As I don't want to show myself my genious without any proof, I should say that I have sold straddle on TXN 25 for July (selling both PUT and Call for 25) collecting 1.43 premium. This Friday is the day.

80% of the time I sell only on the stocks that I know and are not poised for a big volatilty like BP at this moment. If it goes against me, I shoot it to the next month getting more premiums. When the market crashes, I do risk reversal (Sell PUT and buy CALL). My performance YTD is 110%. In my...

I am trading option profitably for 10 years and I quickly read the thread and believe me, it was like I am reading Chinese texts of 15000 years ago. Did not get even a bit of it. Are you guys talking about options? The only parts that I understood was the parts that the thread was hijacked to...

It seems that TXN is preparing for a run-up to over $25 very soon. It might go to $26 before earnings and on option expiry Friday next Friday. Remember earning announcemnet is on Monday July 19 and option expiry is next Friday. Good trades are: 1- Buy the stock 2- Buy Call 25 Call for July.

Sometimes I feel traders are so hooked with a handful of stocks that don't see some quality stocks that are very undervalued. One of them is TXN. TXN will come up with its monster results on July 19. They have already confirmed the great results in their mid Q outlook. This should go to $27...

It is so clear. Tech is technically short. TXN will gravitate toward 25, ADI toward 30 and...

CURUS sure is overbought but I could not find DPTI

This is true for almost all overheated , overbought stocks. 1-Retail sales were down in May 2- Best Buy sales was down 3- Housing is still down 4- Oil spill has put many people out of jobs in 4 states at least 5- About 30,000 US employees are working for BP that many people who work in...

Now I am shorting :)

Tech is down but short term they are still overbought. They will drop more. ADI drop below $30.

Sold all my long positions. Now tech is slightly overbought.

ADI ....hod at 29.95 up more than a buck today. Will hit $30 and over . No doubt.

They buy it based on the technicals and not the fundamentals. Chartists buy it, value buyers avoid it, stupids short it :D

SMH, ADI, LLTC, TXN, ... These are the stocks that you should be in now. Rumor: A big upgrade is coming on Thursday which will make worthless call options in the money.

I am surprised why many investors get into BP for gambling. Either short or long. I am doing great with my investment in tech stocks and it is a sure gain with acceptable risk and not like BP. Check out ADI.

We are right on track. hod .... 29.72 now. $30 by the end of today.

ADI ... hod at 29.49 Going to $30 and above by option expiry. Soooo obvious. Jump in

First of all I should say, I really appreciate your feedback and I am enjoying. I am not a long term investor but I am not a HFT either. I buy something that I believe would give me a very good return in less than a month. Sometimes I hold it for just an hour or even less. So you will buy...