September 30th - Market Review Update

I sold the QQQQ PUT44 with a smal gain , but if the market will break the 41.95 i will buy it again.

September 30th - Stock Market Review

I started to buy today some SRS it is still a smal position at 9.86 , but i intand to buy much more . I belive we should see some pullback , but as i metioned many times the market won't give the gains back so easily.The QQQQ will be offcialy short only under 41.5. I also purchase today some QQQQ PUT44 at 2.05 . I also going to wach very closely UNG.

P.S. I still have a very big position in gold that is down, my stop is at 91 (GLD) .

September 25th - Market Review Update

I am out , sold the Puts QQQQ 43 with a 68% gain . I still belive we can go lower but with such a gain i had t take it.
Have a good weekend

September 25th - Stock Market Review

The options are already 40% up , yesterday i miss the opportunity to buy more at the opening .

I still think we should get a serios pullback but after so strog rally the market won't give it back so easily. i still belive thet we should get a pullback to at least 41.5 and then 41 . In all of the indexs there is a negative divergence that can indicate that we probebly can get a more serios pullbak. only a break of 41 will leade to a bigger pullback.

if we get a small rally to 42.2-42.4 it will a good level to buy more puts.

In the SPY only a break of 103 can leade to a bigger pullbak.

The gold was down yesterday , it is still in uptrend but i will wacth it very closely my stop is at 91 and my target is at 130. If the GLD is going to consolitade at this level i will consider buying more.

September 23rd - Market Review - Update

I bought today some options PUT QQQQ 43 . I still think that we are in a very strong uptrend but we should get here a small pullback. Probably if we get tomorow a small rally to 42.7 42.8 it will be a good point to buy more options.

Still , i have to empahsize we do not have a short signal , i am too early with this trade, real short will be under 42.2 the target is 41.

September 23rd - Stock Market Review

The Market is in a very strog uptrend it will be realy foolis to take here a short . After this amazing rally we should get a pullback but the market won't give back the gains so easily.

Couple of days ago a started to build a very big position in the gold GLD . Let see if the gold is going to break the 100 level , my first target is the 130.

September 10th - Stock Market Review

The Nasdaq close at new year high , we are at very critical level ,at this poit in my opinion we should see a nice pull back but the market is so storg that there is no short sign yet.

With diminishing volume in the last up trend we should stat to see the begonning of this pull back. The most important level for the QQQQ is the 40.8 breaking this level and we can start considering the short side.

The UNG made yesterday a negative behavior open very strog with a gap up and close at the low of the day in the negative territory with a lost of 1.75%.

Couple of words about Gold, everybody talk now about gold ...in a time of uncertainty people like to buy gold. we have a nice head and shouldes in the GLD my first target is 110 and the last target is the 130. there is'nt yet any buy signal , we should wait for a pull back and some momentun then we can considering buying the GLD or other gold stocks.

September 9th - Stock Market Review

We will start with yesterday big winner, UNG . After 7.7% rally i am going to wait for a pull back. If we get a higher low and momentum then it will be a good buy signal.
The market is still in an uptrend no change here, but after 50% rally i think the market is starting to show some weaking signs, but there is NO sign yet for short, let see what is going to happen today. When everybody is so bullish that is the place to be very cautios.

September 8th - Stock Markek Review

Two ETF's that i think are going to pay really well is UNG for the longer time period and SRS for the shorter time period. There is no buy signal yet but i am going to watch those two more closely .