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Monthly Archives: December 2007

Happy New Year!!

Wishing everyone a very “happy” and very prosperous 2008!
HappyTrading! ™
ps. we’ll look at the market charts tomorrow.

Market Forecast for Week of 12/31 (Part II): Sector Watch

OIH (oil services)

OIH is looking very healthy to me as it is climbing its daily upper BB higher, and, it has just started a new bullish formation with 10- above 20- above the 30-day MA. DO has been making new ATHs, jumping from $125 to $150 in 6 trading days! SLB seems to […]

Market Forecast for Week of 12/31 (Part I): SPX, Nasdaq

This week has gone by fast with Christmas being a holiday. Year 2007 is also quickly coming to an end. Hope you’ve all had a great weekend!
Last weekend, I said, “The market is looking much more healthier!! For the new week, the market is in a good position to go higher. […]

The Prosperous New Year Ahead, and Staying in the Yoda State.

Submitted by Optiondragon
Happy New Years Folks!!!!
I give thanks to Happy and the Happy Trading members for a most prosperous year! I am only one component in a well oiled collective intelligence machine and have learned as much as I have taught! Being able to trade ideas, bouncing ideas off of one another, learnings […]

Weekly Wrap!

Pretty good week of light trading. The market was very volatile today. The Dow and SPX did finish green, but, Nasdaq was down couple of points. We’ll take a closer look at where the market stands this weekend in my weekly forecast.
We did cash out a lot of trades and here they […]

Review 12/27/07: SPX, Nasdaq, AAPL, MELI, AMZN, CREE

The market started out on the negative side and continued to slide to the close, and finally let off some steam. We cashed out on many positions early today. Again the remaining GOOG and BIDU positions were very profittable:
POT Jan 135 calls, PYPAG, at $15, +42.9% (all out)
AAPL Jan 200 calls, APVAT, at […]

Review 12/26/07: SPX, Nasdaq, MELI, DO, OXPS, BIDU

This was a nice way to come back from Christmas! Hope you’ve all had some wonderful time to share with friends and family. Santa definitely delivered some nice gifts! We cashed out some very profittable trades, especially on GOOG and BIDU:
GOOG Jan 720 calls, GOQAD, at $15, +100% (more out)
BIDU Jan 400 […]

Santa Comes Fashionably Late And Could Decide To Stay For Awhile!

Written by Optiondragon

Better late than never Santa!
Santa was late but decided to show up, and delivered to many of us multibaggers just in time for Christmas!
Am I talking about free Louis Vuitton luggage for our trading community? Nooo, but you could have bought the whole set with the amount of money we made this week […]

Market Forecast for Week of 12/24: SPX, Nasdaq

The week turned out to be a pretty good one. For the week, the Dow gained +110.8 points for the week; SPX added +16.51 points; and, Nasdaq jumped +56.25 points.
Last weekend, I said, “The market is in a critical condition. For the new week, we’ll be watching to see if the 20-day MA (cyan […]

Weekly Wrap!

What a week and what a finish! The Dow rallied +205.01 points; SPX added +24.34 points; and the Nasdaq jumped +51.13 points! And, we made some “happy” profits:

Here are the closed trades:
GOOG Jan 720 calls, GOQAD, at $13, +73.3% (more out)
POT Jan 130 calls, PYPAF, at $10, +8.7% (partially out)
CMI Jan […]