Targets

First target is about 784 /TF. I have been long AGQ and GOOG and will try to buy TNA at /TF 764 or so.

2011

2011

Just checked 2011 trading - total profits 33% of account value.

July 1 to December 31 2011 (included Master Key period) - total profits 68% of account.

All these were made with no options and no margin. Strict directional trading on an IRA.

Closed most shorts on Monday - Long Now;

Long AGQ now at 48.89 (paid too much; will try to reduce cost basis by adding more). Targeting 61.

Long TSL (at 6.91) - small position. Target 8.38 first.

Long GOOG at 618 (bull call spread). Targeting 643.

Still Short AAPL

Short

Short Silver via ZSL at 14.25.

Short QQQ via puts at 57.5 - will cover at 56.5 or so.

Short GOOG via puts at 662 will cover at 640-645.

Short AAPL via puts at 418 - Will cover 400-405.

Roadmap

Jan 4

AAPL

sell 418 (Tuesday) buy 395 (Friday-Monday) - sell 480 (by Feb)

SPX sell 1290 (Tuesday)- buy 1260 (Friday-Monday) - sell 1360 (by Feb)

SILVER sell 30-31 - buy 28.5 - sell 34 (by Feb).

GOLD sell 1620 (Tuesday) - buy 1580 (Friday-Monday) - sell 1680 (by Feb)

Buy list

AG buy at 17

AGQ buy 45.3

GOOG 635

AAPL 395

Bonds rates dropping; Stocks Rising

Predicting QE 3.

GOOG morning. Would you like an AAPL? (Part 2)

Two charts:

http://stockcharts.com/h-sc/ui?s=TLT&p=D&b=3&g=0&id=p80692211972&a=252396788

http://stockcharts.com/h-sc/ui?s=GOOG&p=W&b=2&g=0&id=p62059694909&a=252396628

1) TLT shows negative RSI divergence across the recent tops. This often presages a downside break and I think it will this time as well.

2) Goog shows potential of a big upside break from a long time range, with a possible LT Head and Shoulders. With the right catalyst, this guy could rock to 800 in 2 months. AAPL has also been in a range for a while and if it breaks the range, it could rock to 480 very soon.

Combining the two suggests that we are in for a big move up in equities. I think we will see a low around Jan 10-14, which I plan to use to load up long equities.

The problem with buying GOOG and AAPL calls is that they are hugely earnings dependent. Nevertheless, I plan to buy some March or probably May calls and load up on TQQQ and TSL. I will probably sell most (maybe all) calls right before earnings around Jan 18-20, when the earnings pump (also called IV - Inflated Volatility) will have inflated their value.

GOOG morning, would you like an AAPL?

I think Goog at 630 and AAPL at 390 or so will be good buys for 10% up moves within 1-3 months. We should see these prices around Jan 10. I will probably buy April or May calls and also go long in my IRA via TQQQ and TNA.

I think GOOG will go to 700 and AAPL to 440-480, depending upon Jan quarter earnings.

Some smaller equities will go up more but Goog and AAPL have very liquid options. FSLR and TSL may double.

I am saving money to buy around Jan 10.

Trade

I plan to go short /TF and SLV around ES 1265 (TF 750) and will pull all shorts by 1210-1220 (or DX 85.7 and VIX 28). I would be super happy to get that trade.

Getting Bullish? Sure, but bearish for 2 weeks

SPXEW suggesting further downside.

/DX will breakout soon. Going to 90.

Like SPXEW, TNX suggests further drop soon.

Jan 15 should be a nice low.

2012 will be good.

Chop in the next week, then up like a rocket.