Well I only have 15 post per day and I really just post on spy and options millionaire

why don't you post on this board

Hope things are going well. Just dropping in to say hello.

Short AAPL (word on the street)

Ced, How it goes, I am sure APPL and ATT will be big hits these next couple of weeks....options trading is getting more interesting by the day, perhaps traffic on this board can pick-up as options' popularity pick-up as well! Thanks again and good luck... good to be here....talk to you soon.

Hmmm.....never tried any websites for options picks. I have always just made my own decisions based on market trends and charting. If you are a good pattern reader you can get some hints on what to invest in just based off of that. GOOG, SNDK, AAPL, RIMM, and "GE and QQQQ's" (slower but trades to the penny) are all good picks IMO.

Options Pick
I am trying to find a good options pick website. Please advice me in this matter. when i searched google, i found some ones but i need to hear from ppl who tried them. for example,
www.option-research.com
www.stockpickmaster.com
www.pro-trading-profits.com
www.optionwinner.com
.....etc

Just wanted to drop in and say hi. I barely get on here anymore if anyone would like to MOD this let me know.

pmcl also... are some of my longs...enjoy and play at your own RISK...GOOD LUCK TRADING TO CED and TO ALL

PMTI?? NWACQ?? CBEL??

FYI, I got out at $10.2. No longer holding any GOOG APR 440 put (GOPPH).

OIH about to break 140 and continue a bull run it looks like.

AMD is getting shorted bad right now.

Energy bulls coming out to play a little.

Refiners up 1% in early morning trading.

OIH up 0.6%.

XLE up 0.7%.

$VIX 13.83 and in a descending channel.

==============

U.S. Report Shows Decline in Gasoline Stockpiles

LONDON (AP) -- Oil prices bounced up and down in a narrow range Thursday after a U.S. government report showed domestic crude and gasoline stockpiles were lower than analysts had forecast.
"We may have seen the extent of the recent dip," said Peter Beutel, an analyst at Cameron Hanover. "Prices did not seem ready overnight to break above resistance, but the bulls will be given a chance to do just that today during the regular session."

Light, sweet crude for April delivery fell 8 cents to US$61.74 a barrel in electronic trading on the New York Mercantile exchange at midday in Europe, after climbing to the plus side earlier in the session. The contract gained more than US$1 the previous day to settle at US$61.82 per barrel.

Brent crude for April delivery fell 22 cents to $62.28 a barrel on London's ICE Futures Exchange.

Heating oil futures fell a quarter of a cent to US$1.7650 a gallon while natural gas prices rose marginally to US$7.371 per 1,000 cubic feet.

Crude prices climbed as high as US$62.10 earlier Wednesday following the U.S. Energy Information Administration's report that crude oil stockpiles dropped by 4.8 million barrels last week to 324.2 million barrels. Crude inventories are still above average for this time of year, but the decline surprised analysts, who had been expecting a rise of 2 million barrels, according to a Dow Jones Newswires survey.

Part of the fall was due to delays at the Houston Ship Channel, which helped limit overall imports to an average of 8.9 million barrels daily last week, the U.S. government said, down by 650,000 barrels daily from the prior week.

Total U.S. motor gasoline inventories fell by 3.8 million barrels to 216.4 million barrels, a sharper decline than the 1.4 million barrel drop that analysts had expected. The government said refineries operated at 85.8 percent of capacity during the week, down from 86 percent the prior week.

Distillate fuel inventories, which include diesel and heating oil, fell by 1.3 million barrels to 123.2 million, the EIA reported. Analysts had expected a 2.3 million barrel decline.

"While oil supplies plunged 4.85 million barrels and gasoline dropped 3.75 million barrels, both are still well above their five-year averages," said Jim Rintoul of TheOiltrader.com. "Continued OPEC cuts notwithstanding, oil stocks are likely to move higher after the heating season comes to an end, keeping prices subdued."

Markets are also watching developments in the Middle East over Iran's over failure to comply with demands to halt its uranium enrichment program. Washington is pushing for tougher U.N. sanctions on Tehran and introducing legislation to squeeze Iran by punishing foreign oil companies that invest in its energy industry, the heart of Iran's economy.

Over the long term I say yes.

I have to say scratch the SNDK short. They had great news today but I will say GOOG still looks fairly good for a short right now.

You still like GOOG for a short?

Hey guys I am still shorting GOOG and SNDK but now I am expecting a nice gap up at open so I have lowered my bid considerably. I have went to 450 April07 Puts on GOOG at a limit of 12 dollars, which means it will need to get to 461-462 range in order for it to sell and on SNDK I have upped it to 2.30 on 40 dollar Apr07 puts which means it would need to get to 39.25-39.50 again. This may change if futures do but right now they are showing some major strength.

Yeah I knew it got an upgrade but so did GOOG....I think that reaction should be complete. It has had plenty of time for everyone that wants to jump on board to do it.

SNDK got an upgrade from Merrill Lynch to Buy on Tuesday 03/06/2007 12:05 PM ET - Dow Jones News.

Might be good to watch how the stock responds to the upgrade, if it falters, take advantage.

Thinking same thing here. I am glad we agree. It is bouncing in the channels.

I am heading back to bed I will check in, in the morning.

Trend is your friend if you're short SNDK. But it got an upgrade on March 6.

Nice article. Any thoughts on SNDK today? I am thinking a down day today too but not for sure.

I play the day to day fluctuations, and love the way the $VIX is ramped up, I hope we stay in this state for weeks. I think the dip was generally overdone and we aren't going to see the bargains we saw on March 5th again for a while in the good stocks, the overvalued stocks will continue to bleed though.

I am in Ben Stein's camp overall regarding the Chinese market:

Keeping Your Cool in a Shaky Market
http://finance.yahoo.com/expert/article/yourlife/25602

Now for a few lessons from the recent stock market zaniness:


1. Don't panic. Panicky behavior, especially panicky buying and selling, accomplishes absolutely nothing. Smart investors never buy in a rush or sell in a rush. It's always worthwhile to think, to consider, and to do research. Only madmen and stock traders and speculators panic. Don't do it.


2. Keep plenty of cash on hand at all times. It's very hard to think rationally about stocks if every dime you have is in stocks and if the market is falling fast. The risks of annihilation are so great at that point that panicked selling seems like a smart option.


If you keep a good chunk of your assets in cash, bonds, and money market funds, however, so that you know you'll be safe, sane, and secure for a long time to come no matter how the market is gyrating, you can make a patient, sensible evaluation of the situation.


Cash In, Cash Out


How much cash is enough? It depends on how fast you spend it. But to keep a year's worth of living expenses in cash or near-cash (bonds, money market funds, and so on) is not foolish. At a minimum, you should have six months' worth of cash or near-cash in hand.


Cash is a terrible long-term investment, and treasury bonds aren't much better. But in terms of keeping calm so that you can make sensible decisions, there's no substitute for cash.


Personally, I get crazy when my cash reserves run low, which they can when employers are slow in paying me or I have sudden large expenses. For instance, I just had to have one of my embarrassingly many houses virtually demolished, re-piped, and re-floored because of a burst pipe -- not once, not twice, but three times in a short span.


You would be amazed at how much cash this can burn. And waiting for the insurance to pay is a recipe for heartache. As I write this, I realize I probably should've had even more cash reserves. I easily have 18 months' worth of cash, and it's the cash I think of when I'm worried, not my endless printouts of stock.


A Contagion of Panic


Here's another lesson:


3. Stocks don't always fall for a good reason.


Yes, there was cause for the Shanghai market to fall last week. It was up over 100 percent in approximately a year, and speculation was wild. But there was absolutely no reason at all for the cream of American stocks on the Dow and the S&P 500 to fall. It was just a contagion of panic.


If you read the newspapers, keep yourself well informed, and have your eyes open, you need to ask yourself if the economy looks as if it's in real trouble. If it doesn't look that way, don't sell unless you desperately need the money.


In fact, don't even sell then. Suppose there's a recession. I don't expect it, but it could happen. But suppose there is: Recessions in the past 20 years tend to be extremely short-lived. The lower stock prices that accompany a recession, and the lead-up to a recession, tend to be superb times to buy. If you can be patient, hang in there and buy when the market is low, over long periods of time, and you will be well ahead.


It's always better to buy when the market is low and the outlook is dour. If you have the smarts and the courage to do it, you'll be glad you did. People rarely make a lot of money buying at peaks; they always do well buying in valleys.


No Crystal Ball


4. Put not your trust in princes.


Alan Greenspan is a wonderful guy. He's been a friend of my little family forever, and he spoke glowingly at my father's memorial service. But he's not the Lord God. He can't see the future, and he has no data that other economists don't have.


Greenspan has a poor record indeed as a forecaster. He didn't see the collapse of 2000-2002 coming, and a few years ago he was warning that the great danger was deflation. He's a great man and was a magnificent Fed chair. But he doesn't have magical powers of foresight.


In fact, neither does anyone else, including me. The conclusion: Just keep buying at a measured pace, and if the market sinks a lot, buy more. I guarantee you that's how the big boys do it. The little guys sell out at the first sign of trouble -- the ones with the private jets hang on.


Two Last Lessons


And, finally:


5. DIVERSIFY.


I capitalize this on purpose. An investor's two best friends are time and diversification. Get the broadest possible market indexes. Spread yourself out over large and small caps. Have a large dollop of the developed foreign and a goodly chunk of the developing market. Yes, it'll be a rocky ride in China and Brazil, but over long periods you'll do great.


6. The long-term direction of the market is up.


It will fluctuate, as J.P. Morgan said, but the long-term trend is up. If you can patiently stay invested and take advantage of this long-term trend, you'll come out ahead. It may take some time, but short of nuclear war -- and in that case, there won't be a thing to worry about -- you'll make money if you stay in on a broadly diversified basis. You'll be wiped out if you sell on a panic basis.


So:


Have plenty of cash.


Be patient.


Never panic.


Buy when others are selling.


Diversify.


And, one last time, be patient. Do you think Warren Buffett was selling last week?

Yeah it's still bullish but I don't think the dip is over yet. Do you think the dip is done?

Just growing slower, its still a bull market.

It could be and if so then the outlook for Friday is definitely not good. Everyone is pesssemisstic about the job report. The way they are talking everyone knows the economy is slowing but no one know by how much. So likely we will see sell offs Thursday and Friday IMO.

Gas Jumps Over $3 in Calif., Hawaii - AP

Gasoline prices have jumped above $3 a gallon in some parts of California and Hawaii, and may hit that level other parts of the country when the busy summer driving season approaches

http://biz.yahoo.com/ap/070308/gas_prices_motorists.html?.v=2

I think the US market is done reacting to the Asia markets and its back to domestic economics.

That may be a good trade. If it gets back to 440 or so that will pan out good IMO. I was looking at the MAR 470 puts in the 13's if I can get some. What do you think about the market today? The asian markets were up and kindof leads me to believe we may go up over here to today. Any thoughts?

GOOG APR 440 put GOPPH

I've grabbed some in the 9s. I see goog bouncing off the 20 day MA and falling.

I agree....the only thing that will tell the story is their earnings. Otherwise I think we continue down that trend. I think we could see 440 by weeks end.

Goog's market share is in question in my mind, with real competitors gaining footing. I think we'll see a 5% dip in goog by April 20. Expect some multiple contraction from the mid 40's.

Yep I think GOOG could be a short and maybe SNDK.

I think GOOG has more downside MOMO. It closed below the 20 MA and everyone last night on the shows are saying more downside. I think it goes back to 440 or so before trending back up. Look for a short on GOOG through Firday. Also SNDK is a short through Friday too.

The Fed's are reporting jobs on Friday and right now it doesn't look good.

$BPENER is looking ready. Between now and March 16 options expiration, watch the action on the:

Gasoline refiners:
FTO
TSO
WNR
VLO
SUN

Offshore oil drillers:
DO
GSF
RIG

Energy ETFs:
XLE
OIH

hey ced whats hot, GOOG and AAPL for tomm, will be watching them both...

Hey folks watch for an up day tomorrow. I am considering GOOG and AAPL.

Wow! What a day! The market was so volatile I didn't play that many stocks, but I did play SNDK a little and SLXP (just as a regular trade not an option).

Is everyone ready to make money over the next few days?

Futures are showing a strong open or at least at this time. Dow Futures are up over 100 points. Some experts are saying the sell off will continue for a couple more days and some are saying it is a great buying oppurtunity.

It seems to me we will have a strong open but I am afraid GDP and Housing is not going to hit the numbers we want to see. I will probably be shorting if things bounce hard early on.

This is unreal. The bottom bolinger is at 456 on GOOG. It is way overdue. If it doens't bounce today it will bounce hard as the week goes by. I would say well above 460 and maybe 465-470 by Friday. Good luck all AAPl and SNDK are the same. Take your pick.

Extra! Extra! Read all about it....get your 460 GOOG, 37.5 SNDK, and 85 AAPL call options.

Hey folks I am back in GOOG here at 8.4 on the 460 Call option Mar07.

Yeah I knew that this one was going to be huge after the buyout, but at that point it was too late. It just goes to show that huge gains and losses can happen in options.

Okay so I missed GOOG a little but I would have to say that being the entire world markets are down today due to China we will recover. I think GOOG, AAPL, and SNDK are all great buys right now.

TXU call options

http://www.bloomberg.com/apps/news?pid=20601087&sid=aSmEBQyU.6q0&refer=home

The bottom bolinger on GOOG is around 460. I highly doubt that it will break 460 tomorrow.

Another good day today. GOOG gapped and then tanked...very predictable. What I didn't predict was SNDK going down as far as it did, but it did provide several exits if you done a call on it and it was an excellent PUT above 39. Good luck tomorrow. I am still researching what to play tomorrow. RIMM and BIDU are do reversal's in the downward direction and I predict that sometime tomorrow GOOG will form it's reversal but we'll see.