Possible move up

In this market fundamentals and technicals don't tell us much on a day to day basis, but worth noting that multitude of stocks just have completed TDSequential Buy Countdown day or two ago and no lesser number will complete TDSetup Buy tomorrow. I think markets are due for a meaningful pop.

Leave Kashkari alone!!!

Stop slamming that poor guy with honest face and clean record (that is why he was picked up to be a patsy) Don't blame the messenger - get to the roots and weed them out!   http://www.youtube.com/watch?v=41hcO9rdN4o   Same old story time and again - nothing will ever change... http://www.youtube.com/watch?v=aEaoITBQEao

One hell of a day

As always, picture worth a thousand words. From starting out as 97:3 decliners:advancers day, after rejecting recent lows, ignoring INTC "gloom and doom" forecast, after hedge funds managers McCarthy style Congressional nonsense, after inability of soon to be history El Presidente Bush sound waves to bring market down more  - burst of volume and finish with the ratio decliners:advancers 6:92 (2 SBUX and BEAS unchanged - why BEAS is still there?). And no sweet candy for hopeful from FED? Just the way I like it...

Recap of posts from "Regular contributors site" (Nov11/12/13)

Thursday, November 13, 2008 Closing QQQQ Nov28 calls will be trading around, with cost 2.06 selling at 2.60 hard to pass (holding Dec28) Posted by DavidDT at 11/13/2008 03:51:00 PM 1 comments Links to this post Wednesday, November 12, 2008 (NICE)...could be nice Was flipping through the charts today without much enthusiasm, then just to break latest "play reversal routine" decided to run quick scan from good old bull times. Glad I did - I, most likely, will be buying that Israeli security software solutions (if memory serves me well) (NAT) attracted my interest as well on the long side, but glad I looked at the news - has "Cramer's kiss of death" all over it - still will be keeping an eye on it. P.S. One of the readers criticized me for posting my day trades - by the time it is in readers mailboxes a lot of things might and DO change. So very true...I stand corrected... Posted by DavidDT at 11/12/2008 10:10:00 PM 0 comments Links to this post Well... Well... Since my anxiety level reached previously known mark ( "the hell with everything, sell all, get on cash, go to Morocco for 2 months...") therefore we are at yet another bottom and I am buying lots of QQQQ Dec28 calls @2.65 Posted by DavidDT at 11/12/2008 03:24:00 PM 0 comments Links to this post Sold to close GLD Nov71puts cost 1.80 sell 2.40 (33% profit 4 days) Posted by DavidDT at 11/12/2008 10:56:00 AM 0 comments Links to this post Buying QQQQ Nov28 calls for day trade when QQQQ will be in 29.20 - 29.40 range in the next 20-30 minutes. Desired fill price under $2 Posted by DavidDT at 11/12/2008 10:31:00 AM 0 comments Links to this post Tuesday, November 11, 2008 Some ideas I am looking at long (soon?) PFE, OMCL, HOLX, SGP, MRK, BMR(have position), HUM, MOH. INWK looks intresting long for some reason. Short candidates: MYGN ( I think this one is ready), ISIS(?), gold miners: RGLD, GG (off25?), KGC Posted by DavidDT at 11/11/2008 10:13:00 PM 0 comments Links to this post

Fallout Shelter anyone?

The world as we knew it has ended - at least if you listen to "Financial Info-tainment Shopping networks" Attempts to call stock market bottom raise McCarthy style reaction: "Do you belong to the organization profiteering on selling stocks higher and covering lower?" The search for Al-Qaeda is over - everyone knows now that no terrorist could do to the country what uncontrolled greed has done. Bulls are wiped, bears are totally indecisive now - none has an answer: "Where to?" No hope, no perspective, no waving the flag. Japan looks like a sweet place now. Just one essential component is missing to effectively call the real bottom - the day when major information source will interview people building bomb shelters on their backyards.