What a “Happy” day!! This morning I was looking for SPX to top 1500 and Nasdaq to go above 2700; both of which materialized. We also made good profits on WFR, looking for $80+! Lots of trading going on: POT, WFR, GOOG, AAPL, FWLT, CMED, MA, GS, and much more… Here are some comments from the members’ board (all time stamps are PST, U.S. West Coast Time):
nadine
Posted December 6, 2007 at 6:30 am | Permalink (Edit)
Happy,
I got out of GRMN at 11.40 yesterday. I know I could have gotten more, but I am very happy with my profit!!!!
Thanks so much!
HappyTrading
Posted December 6, 2007 at 6:37 am | Permalink (Edit)
ISRG
breaking out!
HappyTrading
Posted December 6, 2007 at 6:39 am | Permalink (Edit)
POT
PYPLD, took some profits at $12
HappyTrading
Posted December 6, 2007 at 6:45 am | Permalink (Edit)
POT
$130+!
optiondragon
Posted December 6, 2007 at 6:46 am | Permalink (Edit)
CPSL taking profits up almost .40 cost avg out looking for a daily double at 1.20
Phoenix
Posted December 6, 2007 at 6:48 am | Permalink (Edit)
OD!!! CPSL worked out great! I can’t thank you enough for this play!
wpt3
Posted December 6, 2007 at 6:50 am | Permalink (Edit)
MA on fire this morning
HappyTrading
Posted December 6, 2007 at 6:51 am | Permalink (Edit)
ISRG
$341!!
optiondragon
Posted December 6, 2007 at 6:56 am | Permalink (Edit)
WFR running
Bank of England cut rates today and retail sales were really weak meaning higher rate cut is still needed.
HappyTrading
Posted December 6, 2007 at 6:58 am | Permalink (Edit)
WFR
another attempt at breakout? $80+ today?
HappyTrading
Posted December 6, 2007 at 7:02 am | Permalink (Edit)
POT
PYPLD, rest out at $12.5
vinaydh
Posted December 6, 2007 at 7:04 am | Permalink (Edit)
I am back in GOOG dec 710 calls
BillBigD
Posted December 6, 2007 at 7:46 am | Permalink (Edit)
DO-screaming!
MA puts- good call
AAPL-bought back covers.
DIA puts
coolconman
Posted December 6, 2007 at 7:47 am | Permalink (Edit)
There really isn’t a better feeling in the world for a beginning trader than to see Dragon entering a trade that I’m already in.
Also in AAPL and MA
vinaydh
Posted December 6, 2007 at 7:55 am | Permalink (Edit)
GOOG is screaming for attention today. It should go much higher if the market co-operates.
HappyTrading
Posted December 6, 2007 at 8:22 am | Permalink (Edit)
DO
new ATH!
HappyTrading
Posted December 6, 2007 at 8:23 am | Permalink (Edit)
ISRG
HappyTrading
Posted December 6, 2007 at 8:28 am | Permalink (Edit)
RIMM
perking up!
fifi
Posted December 6, 2007 at 8:42 am | Permalink (Edit)
BIDU is weak today. Is it a buy opportunity?
HappyTrading
Posted December 6, 2007 at 9:18 am | Permalink (Edit)
POT
back up above $130!
GOOG
$710 coming?
mk
Posted December 6, 2007 at 9:27 am | Permalink (Edit)
S&P touched 1493 and backed off. What does it need to do to break free of resistance at that level? 1495+?
HappyTrading
Posted December 6, 2007 at 9:44 am | Permalink (Edit)
market
SPX could see 1500 and Nasdaq 2700 today.
optiondragon
Posted December 6, 2007 at 9:47 am | Permalink (Edit)
OK new biotech play!!!!
Strangle 3 to 1 overweight long dolaar weighted, Jan 35 calls and Dec 30 calls- 50/50 mix and then a smaller put postion on the DEC 22.50 puts or DEC 25 puts.
BMRN has an FDA decision due on its drug Kuvan. We expect it to be approved and it could be billion dollar blockbuster drug for the treatment of phenylketonuria, rare birth disorder that is hereditary.
CapitainAl
Posted December 6, 2007 at 9:52 am | Permalink (Edit)
OD – Just making sure I understand your BRMN strangle, you are doing the following:
Long 3 Jan 35 calls
Long 3 Dec 30 calls
Long 1 22.50 puts or DEC 25 puts.
BillBigD
Posted December 6, 2007 at 9:56 am | Permalink (Edit)
AAPL-DEC 190 are a fun play today
CapitainAl
Posted December 6, 2007 at 10:00 am | Permalink (Edit)
nimbled some AAPL Dec 185 Call @ 8.60
HappyTrading
Posted December 6, 2007 at 10:07 am | Permalink (Edit)
BIDU
now if this can turn up, maybe it’ll prompt the market to kick up a gear!
HappyTrading
Posted December 6, 2007 at 10:19 am | Permalink (Edit)
CMED
QCYAI, took some off at $3.5
BillBigD
Posted December 6, 2007 at 10:47 am | Permalink (Edit)
SPWR- bought back all covers,
WFR- going higher
AAPL-LOL
HappyTrading
Posted December 6, 2007 at 11:25 am | Permalink (Edit)
WFR
WFRAN, rest out at $12.2
CapitainAl
Posted December 6, 2007 at 11:28 am | Permalink (Edit)
WFR – great trade Happy
HappyTrading
Posted December 6, 2007 at 11:34 am | Permalink (Edit)
WFR
$80++; there it is!
JMAC3300
Posted December 6, 2007 at 11:34 am | Permalink (Edit)
Thanks Happy – Great trade on WFR & POT today!
HappyTrading
Posted December 6, 2007 at 11:36 am | Permalink (Edit)
RTP
traded all over the place today; might be good to look at again!
Tiger
Posted December 6, 2007 at 11:41 am | Permalink (Edit)
Here comes GOGO train.
HappyTrading
Posted December 6, 2007 at 11:50 am | Permalink (Edit)
OXPS
breaking out!!
optiondragon
Posted December 6, 2007 at 11:56 am | Permalink (Edit)
GS flying high.
HappyTrading
Posted December 6, 2007 at 12:00 pm | Permalink (Edit)
BIDU
Mr. 100 Degress woke up!
JMAC3300
Posted December 6, 2007 at 12:21 pm | Permalink (Edit)
Just got out of ISRG with 35% gain can’t cry over not getting more!
Andy
Posted December 6, 2007 at 12:39 pm | Permalink (Edit)
GOOG $715 wow
HappyTrading
Posted December 6, 2007 at 12:41 pm | Permalink (Edit)
FWLT
UFGAL, cashed some out at $10
HappyTrading
Posted December 6, 2007 at 1:01 pm | Permalink (Edit)
Wow! What a “happy†day!! SPX above 1500, Nasdaq above 2700! Very nice, just what I was looking for this morning!
“Posted December 6, 2007 at 9:44 am | Permalink (Edit)
market
SPX could see 1500 and Nasdaq 2700 today.”
Happy Evening, everyone!
optiondragon
Posted December 6, 2007 at 1:04 pm | Permalink (Edit)
Good call Happy and happy evening all!!! Fireworks tomorrow, glass half full.
CapitainAl
Posted December 6, 2007 at 1:06 pm | Permalink (Edit)
great day – thanks happy for all the great picks and most important patience
JMAC3300
Posted December 6, 2007 at 1:06 pm | Permalink (Edit)
Great DAY!!!Thanks for the great trades….
Lithium Rocketbottle
Posted December 6, 2007 at 1:07 pm | Permalink (Edit)
I have been quite while learning a new platform (fidelity – any suggestions welcome), but I have to thank all for a nice 5 figure day. You all rock. Still the HAPPIEST place on the net.
james
Posted December 6, 2007 at 1:11 pm | Permalink (Edit)
Thank you All for the Happy day.
ramesh
Posted December 6, 2007 at 1:13 pm | Permalink (Edit)
Thanks everyone. nice day. Vinayak Babu 
, your call on GOOG might turn out really well.
Thank you everyone and congrats on the GR$$Ns!! 
I’ll be back tonight with my daily market review.
HappyTrading! ™
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