Weinstein Trading and Fading

Quote from polpolik:

You've been really really consistent and you've been hitting it out of the ballpark! Keep on doing what you're doing, 1R.

-Ken
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Hello ken,

Wow, very nice of you to say so. It sure has been a crazy market lately.

Thanks again and join us in the ET chat room when you have time.

Respectfully,

Bob
 
Quote from NoDoji:

1R, I love your "POS Stock" strategy :p
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Nod, yeah, perhaps I should come up with a better title for that signal for the shorts. LOL

I have a few that are on a watch list to to either buy or short.

The longs are:
GE (GE on dips)
Rick (whats not to love about a PE that is low and stable)
LVS (bet with the house on dips but dont put it all on red in one bet)
QQQQ on dips, although selling puts appears to be better than buying the underline with the IV so high on the near month OTMs

The shorts are:
IAR (not such a good one anymore now that its sub $1) but if you go to yahoo boards there are many "smart ones" that claim its a good bye, ah I mean buy at this price.
CBL (total ATM machine right now, the party should be good until they cut the dividend and the div whores stop holding it up)
GM (can you say cash burn. )

off but not forgotten
LDK/YGE/All solars with near or neg PE, may have a chance again with the fed running the printing presses on overtime. OIL going up may start the solar band wagon up again
 
Quote from forsalenyc:

1R = killer :D
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LOL, you are too generous


Please let me know how IB works out and your thoughts as you become comfortable (or not as the case may be) with it.

Respectfully,

Bob
 
Quote from forsalenyc:

1R = killer :D
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Hi forsaleny ..

1R = definitely 1killer :D

p/s .. pls check your P.M ... thanks!

Hi Bob ..

i can help u to set up a t.co. here which's capital tax~free but u trade in wisconsin ... think about it especially if you can made 30k a mth ... a year is lots of profit ... u pay lots of taxes then :D save the taxes and give it to your wife & kids n to charity better :D
 
Started out as a above average day.

Was really tired from trading Asia for much of the night last night.

During the afternoon I chose to short URS and started out closing out a gain and it moved against me fast. Scalped my average up and now holding overnight. - 2332

OMX + 700
S: SO

NDN + 44
S:6b

CBL + 100
S: POS stock

ACE + 49
S: scalped OB

- 1438 for the day
+ 6184 for the week
- 33415 for the month

32,000 shares
1,106,592 shares / mth
 

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