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Beanieville

Beanieville

http://www.beanieville.blogspot.com

See how a full time day trader and investor approaches the stock market.

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  • Gap Prediction results

    Posted on Friday November 20th, 2009 at 11:56

    Maybe I'll do a list like this on the public gap calls:DATE------------------------------RESULT(& potential profit)Thursday, Nov. 19,2009-------PASS(+.8 SPY, +50% SPY puts, +130% AAPL puts)One can use options, futures or just the plain SPY. The opti...

  • Bears need to show more teeth

    Posted on Friday November 20th, 2009 at 10:50

    If you can't even take out SPY 109, you're all finished next week. ...

  • Question/Answer regarding DRYS and gaps

    Posted on Friday November 20th, 2009 at 00:26

    Question:If you knew we were going gap down this (Thursday) morning, why did you buy DRYS yesterday? (This relates to the gap talk in this post.)Answer:I purchased the DRYS january calls for a swing trade; hence a gap up or gap down is irrelevant in...

  • Knowing Gaps makes a huge difference

    Posted on Thursday November 19th, 2009 at 23:45

    Btw, I did know that we were gonna gap down this morning (Thursday, November 19,2009), and a big one at that. I just didn't post about it. I figure I don't need to do that everyday, especially if you already purchased the manuscript.Knowing gaps ca...

  • Cat Fight on Capitol Hill

    Posted on Thursday November 19th, 2009 at 22:09

    Fun read on cat fight between Brady and Geitner. (MarketWatch) -- Justified or not, Treasury Secretary Timothy Geithner has become the whipping boy for everything that's wrong with the economy.Texas Republican Rep. Kevin Brady backed Geithner into a ...

  • Market for Friday

    Posted on Thursday November 19th, 2009 at 19:55

    We're gonna gap down again, to at least the SPY 109 area.Do we reverse into the close? I'm not sure. It depends on what the market does at the opening bell.A quick pull up at the opening is constructive for bulls. Otherwise, we'll have to wait for...

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