Wednesday, August 01, 2007

MM tso ma call/put daytrade VLO

Someone bought a ½ million $ diamond ring, i hope that comes with a million dollar tax. Otherwise someone’s not paying their fair share of taxes. NILE bounced off the 20 day, how’d i miss that...

EITHER the market FIX is in, or this is a really good buy signal...VLO finds support at 200ma

TSO 46.5=200MA...SEEMS TO BE HOLDING

and if your buying TSO and VLO you might as well buy MRO,FTO,SUN , too..


Here are two MA option charts....aug 150 call, and MA 135 PUT...just print them out and day trade the heck out of these....get quad money daily....
NUFF SAID....
And you wonder why im not posting more charts? Go figure...

MA 150 call, 2 day chart
seems to be trading between 3.00 and 5.70, next week if ma hasn't taken off, then 3.00 becomes 2.00, due to time expiring and 5.70 becomes 4.50..or some such...


MA AUG 135 PUT
one week chart / hourly candlestick


Aug 1st didn’t go exactly as planned. The market ignored the ISM report, today. So, ISM gets credit tomorrow. The market cannot ignore the employment numbers. Look for the market to go up ahead of Fri’s blow out employment report.
Look for 80% of stocks to be up tomorrow and fri, then merger Monday, up some more.
MM, reports aug2, it either sinks to $38 or goes back up into the stratosphere....

8 comments:

Gio said...

Hey Z,
I bought VLCM on its 200MA yesterday... naturally, we got a nice bounce today. How high do you see resistance?
-G

zstock7.com said...

Never heard of volcom=vlcm, but resistance is at 40, low part of the gap and again at 44 high end of the gap...since i dont keep eps records on vlmc i cant tell you if 51 is its yearly high or not..

Gio said...

What?! You've never heard of Volcom? LOL. You have to go to a Pacsun store, or some surf shop (we have a lot of surf shops here in Hawaii).

...i got out of VLCM. Just curious, where do you get your earnings data from when you track stocks?

-g

Anonymous said...

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http://just-charts.blogspot.com/

Thank you to share yours!

Gio said...

Hey Z... I need your opinion on NVDA please! How's their eps shaping up?

Also, I've never seen the Nasdaq drop this much in a long time! I bought some IWM calls since we're due for a RR (relief rally).

MA would be a good buy, but you have to consider the rest of the brokers/financial/credit stocks... they're getting whacked. It's just so hard finding longs right now... which makes me wonder... where are all your put-buying recs? I'll be looking into the Real Estate stocks for my bear attack(vno, bxp).

thanks!

zstock7.com said...

GIO IYT seems to be a good place to look for shorts...id also,
say any thing that hasn’t tested its 5 month low by now..will surely test it in the coming days....
AUG 7th will be a critical day...FOMC meets and they are not lowering interest rates....so I don’t know how the market will react...one interest rate drop will correct the whole sub-prime issue in one day...but that also signals recession, is coming...i dont think that will show up until MAY 2008...
NVDA jn EPS 06...thru 08 1.25 / 1.31 / 1.40 / 1.72 / 1.85 ( 8-3).. / 2.11 (08)...so where is NVDA top ,,, i have no idea...
zee
i keep monthly copy and paste 07/08 eps records into MSFT EXCEL from yahoo finance site...i set up so the 2 columns only list 07/08 eps..then copy and paste the 1000 or so companies in to EXCEL ...

zstock7.com said...

hey anon thanks for the good word...i try to keep current as best as i can...
zee

zstock7.com said...

gio i haven't really had time for purts, my calls keep working at 33% return..like LM twice and now TSO...but i have to get in and out so fast, it's making my head spin...
zee
and im missing my entry and exit by 10% so my net is 10% profit...
and im forgetting to turn around and buy the put on the way back down...its just nuts...wish you could see this

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