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• How BIDU helped me get on the right side?
  Posted by admin on May 12th, 2010 at 8:38 pm, Comments: 0

  A few days back I had tweeted that BIDU’s 1:10 share split in a weak market is a sure recipe for disaster. BIDU is a momentum stock and they are the first one’s to be taken to the woodshed in a weak market. It was trading at 630 that day. It was trading at 700+ [...]

  
  

• Is market getting ready to fall apart again?
  Posted by admin on May 11th, 2010 at 11:24 pm, Comments: 0

  After today’s action, I think yesterday’s rally was a mirage. The market seems to be getting ready to fall apart again. If I were long, I wouldn’t tempt fate by over staying my welcome here.
  The levels I am watching to the downside are 1140, 1090, 1050 and 1010. Yes, it can go to 1010 by [...]

  
  

• Short rallies
  Posted by admin on May 7th, 2010 at 1:52 am, Comments: 0

  Market has dictated loud and clear now. I was looking for a close below 1160 for confirmation. It closed a mile below this level. It speaks volumes about the nature of this sell off. It’s unlike any sell off since March’ 09 bottom. None of the correction has been of 10% variety until now. From [...]

  
  

• Mapping the market
  Posted by admin on May 5th, 2010 at 9:10 pm, Comments: 0

  Market hit the 1160 target today. One lesson that I have learnt again is that never to underestimate a counter trend move when it gets going. I had 1160 as the lower level of support as mentioned in my last post. In fact the range I mentioned was from 1206 to 1160 and the move [...]

  
  

• Keeping it simple
  Posted by admin on May 2nd, 2010 at 10:53 pm, Comments: 0

  Market became quite volatile last week. I do not remember seeing 3 triple digit moves in Dow in the same week for months now. It looks like the market may be breaking down. But then this market has been so deceptive that by the time it gives clear signal, it’s already in the process of [...]

  
  

• 125% return in 18 weeks of real time trade alerts !
  Posted by admin on April 26th, 2010 at 11:45 pm, Comments: 0

  The following link contains trades sent from the Thinking Trades real time alert service. It includes trades that have been fully closed as of 4/16/10. On a 30k portfolio, we have generated $37464 in profits, a return of 125% in 18 weeks. We did a total of 155 trades during this period out of which [...]

  
  

• GS – A casualty of the recovery
  Posted by admin on April 19th, 2010 at 12:30 am, Comments: 0

  Does anyone think that SEC came to know of this alleged fraud by GS only recently? I very much doubt it. Does anyone think that the administration would have taken this tough stand if the economy or the stock market was in a precarious state? I don’t think so. Now it’s an open fact that [...]

  
  

• The writing was always on the wall
  Posted by admin on April 7th, 2010 at 11:38 pm, Comments: 0

  I made a blog post on Sep 22′ 09 titled “Nasdaq looks set to overtake 2007 highs“. It looked like a wild speculation back then but not anymore. Now it looks more likely to happen than not. Though nothing is set in stone in this market, as of now all the stars seem to be [...]

  
  

• 100% return in 14 weeks of real time trade alerts !
  Posted by admin on March 29th, 2010 at 11:14 pm, Comments: 0

  We have doubled the 30k portfolio in 14 weeks of trading based on real time trade alerts.
  The following link contains trades sent from the Thinking Trades real time alert service. It includes trades that have been fully closed as of 3/18/10. On a 30k portfolio, we have generated $30104 in profits, a return of [...]