Point Out The Bounce

October 12, 2008 – 11:54 pm

Get ready for another ride of your life this week. We have earnings reports, Government intervention, and options expiration.

Going into the week I am net long. My largest positions include:

[[UYG]]
National-Oilwell Varco, Inc. [[NOV]]
Apple Inc. [[AAPL]]
Freeport-McMoRan Copper & Gold Inc. [[FCX]]
Visa Inc. [[V]]

Tomorrow I will be looking to add:

Google Inc. [[GOOG]]
[[TBT]]
[[DXO]] or [[UYM]]
[[UDN]]
JA Solar Holdings Co., Ltd. (ADR) [[JASO]]

Don’t forget to check out Prospectus over in the PG, he has some good screens. Also, take a look at stockbee’s bounce plays

It should be another day for the record books. Good luck trading.

This entry was posted on Sunday, October 12th, 2008 at 11:54 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

5 Responses to “Point Out The Bounce”

Carey Says:

I thought you are bearish but you are net long?

Earlier you said Down on Monday big time.
October 12th, 2008 at 11:59 pm
RaginCajun Says:

I did think we were going to be down Monday and we still could, 9:30am is a long way away.

However, have you read my site? I was buying this shitstorm all last week and am negative on almost all of the above positions.

I want to see if this rally can stick, if not I may just cut my losses tomorrow and give up stocks altogether.
October 13th, 2008 at 12:10 am
Juice Says:

RC - you used to like GU; you still like?
October 13th, 2008 at 5:27 am
GW Says:

look at this coin site….
The Amero a novelty coin….

http://www.dc-coin.com/index.asp?Category=8&PageAction=VIEWCATS
October 13th, 2008 at 10:19 am
BOOMER Says:

dont forget big apple announcement tomorrow.

looks like it wants to reclaim 120s
October 13th, 2008 at 1:15 pm