Capital Essence’s Investment Blog- 錢途集團

This is Capital Essence’s “Trading the Market” Bulletin for October 12, 2007. Subscriber, please click here to login.

This is Capital Essence’s “Swing-Trader Bulletin” for October 12, 2007. Subscriber, please click here to login.

This is Capital Essence’s Market Outlook for October 12, 2007.  Subscriber, please click here to login.

This is Capital Essence’s “Cubes Speculator Bulletin” for October 12, 2007. Subscribers, please click here to login.

[Capital Essence’s NewsDesk] As we’ve opined in the previous Market Outlook: “Tuesday’s bullish breakout on low volume suggested that the new highs might not sustain”, stocks saw a dramatic reversal to finish lower on Thursday, with the Dow first sitting at record highs on a gain of over 100 points before plunging to a loss of over 100 points. Yep, the bears wiped out -200 points in matter of minutes.

Editor’s Note: below are just some trading ideas flow from our latest Headlines.

Despite the overall volatility, our “Cubes Speculator Bulletin” had a fantastic day, pocketed about +100% for the day. And, it’s all about timing - perfect timing!

“Cubes Speculator Bulletin”

October 10, 2007 @ 6:30 PM.

• “a move to above $53.57 indicates trend continuation and a test of resistant about $54 is, therefore, expected”
• From a longer term perspective, an upleg that started on August 16 looks tired.
• Breadth (chart 1.2) and momentum indicators suggested that the Q’s is working on an important top.

October 11, 2007 (Mid-Day Update) @ 1:20 PM.

• There were signs of distribution around the $54 level.
• …vulnerable for a pullback… [long] “Q’s November 53 Put Option (QQQWA)” around Q’s $53.80/90….

As you can see, the Q’s tested the record high $54 level this morning amid a strong overnight buying enthusiasm. The new high was, however, met with an even more aggressive wave of selling around noon. The stock dropped as low as $52.28 or -2% immediately after our Mid-Day Update. The Put Option setup gained about +100% intraday.

You see, successful trading is all about the quack count. If the ducks align, like today, we’ll give you a ping in advance so that you’ll have sufficient time to “hit ‘em hard”. When they don’t, we’ll also chime in so that you can take a day off and go play golf. It’s so easy, even a 10 years old kid can do it.

Want more investing ideas? Check out Capital Essence’s Newsletter Services - “best-of-web” technical analysis.

This is Capital Essence’s “Cubes Speculator Bulletin” Mid-Day Update for October 11, 2007.  Subscribers, please click here to login.