Wednesday, April 06, 2005

4/6 Trading

ADBE is very strong today. So I bot May 70 calls when the stock is 67.4

But it's a wrong choice, I should buy back April 65 calls. The profit is much more.

But to buy back stuff I just sold yesterday I have 心理障碍. :(

Greenspan's speak knock down home builders but not too much.

Review on SHLD:

It's good chance to put SHLD when it got reversed in the morning. It's an exhausted run.

Tuesday, April 05, 2005

4/5 Trading

Bot ADBE April 65 calls at 65.7 level yesterday. 65 is kind of support and last break out start point.

Sold today when stock is at 66.9 for quick profit.

This is trader's market. Hold is dying.

Market form a bottom here for short term. Expect a rally to 2060 level.

Missed BSTE. Should chase it at opening. It has big short interest. and 50 is strong support. So even down no much space. And it's highly chasable when it starts to run.

We should find these kind of pre-run stocks. Once it starts to run, chase it.