Stock Watch 3.17.11 ” March Meltdown Madness” I had too much fun trading on Wednesday.Seriously, you shouldn’t have that much fun making a living. Trading is the best job in the world. Allthough we are only half way through March may be remember for it’s massive meltdown. The market is so fragile that a recycled story sent […]
Stock Watch 3.16.11 “Bully Beatdown” The market took a huge shellacking on Tuesday. It managed to gain some of that back but I didn’t think the rally was that impressive. The bears for now are putting the bully beatdown on the bulls but I expect a washout or bottoming soon. I have a few nice set […]
Stock Watch ” Defcon 1″ As I type this the Asia markets are down 15%. The largest drop since the 70’s. Some of you may be old enough to remember the movie War Games. When everyone was in a panic over a rouge computer starting a nuclear war. When the panic hit a maximum the […]
Stock Watch 3.14.11 “Tremor” Over the weakened my thoughts and compassion were with the citizens of Japan. With report of as many as 10, 000 people dead this appears to be one of the worst natural disasters in recent history. We often get caught up in our day to day lives and loose sight of what is really […]
Stock Watch 3.11.11 “Shaky Ground” After two months of docile market conditions we are heating up the volatility. Thursday reports of Saudi police shooting protesters sent the market to the whipping post. Oil remains the story for Friday. If oil escalates it threatens global growth. If oil weakens the market could take off again. Either […]
Stock Watch 3.10.11 ” All day LNG!” I have nothing to say about Wednesday other than wow! I played LNG to perfection. I bought it at the right Price, sold it near the top, shorted it at the right time and covered at the afternoon lows. It couldn’t have gone any better. You don’t often […]
Stock Watch 3.9.11 ” Yo Yo” Market is still like a yo yo . Up huge down huge. Since we had a +150 market Tuesday does that mean Wednesday we’ll be down- 150? Makes you wonder what all these institutional traders were thinking the day prior. I don’t care because I love it. I had an […]
Stock Watch 3.8.11 ” Chop Suey” The market is now in chop suey mode. Going through major points of indecision. One day up a hundred next day down a hundred. In the short term it will break heavy to one direction ( probably lower) but we’ll see. There are some nice set ups in micro land […]
Stock Watch 3.7.11″ Oil part Deux” These oil plays took a day off on Thursday only to rip to new highs on Friday. That’s the danger in being an over aggressive early short. These are still in play but with oil making new highs these can still run more. Trade them well. Watchlist HILL HDNG […]
Stock Watch 3.4.11 ” Abandoned Shorter” I had the perfect gameplan going into Thursday. All of my top shorts ( ROYL TIV LEI) from Wednesday dumped just how I thought they would. View here http://thelincolnlist.com/stock-watch-3-3-11-stock-sniper/. That happens every so often but when they started tanking without me I felt like a kid who got lost in […]