CME is now ready to pop at 350.

A number of names are approaching bo levels for a SWING trade.

• I like CME here and am an owner at 332 and will add at 340.
• V Gapped up today and is reaching for it's highs at 90
• GOOG 600 looks good
• NTRI above 30, which is today
• FSLR 137 here and now for a gap fill.

Check it out, very cool.

http://www.freestockcharts.com

Not trading much, so I am going to change my focus to swing trading.

SFSF long at 17 with a auto buy stop

BIDU is on a tear and this run is quite incredible, from the March lows of 110 to 409, a new 52 week high. The all time high is 429.19 back in 2007.

Yesterday BIDU ran from the open at 386 to 400ish, this am 400 to 409 in 15 minutes.

MOS reports today, my guess it tankage to 39.

• Watching RINO for a move today above 22
• AONE above 27
• and watching VIV for something.

You can always count on BIDU being a nice short when the market turns red. Funny how my broker never has shares available on those days.

AONE popped nicely this am and is holding well, break 24 and I may try some. Not even sure what they do, maybe steak sauce or somethin.

Yesterday was chop for me, I was plus or minus all am and then blew a few later making me red for the day. Today seems hard too, I thought the bulls would take us higher but with the ISM news we fell, so I am trying to be careful and just waiting for something.

12:49 - I tried for more in the afternoon but encountered too much chop as we went down slowly with the bulls buying every dip as usual.

---------------------------------------------------------------------
Trades: 40  Shares: 3146  Ratio: 128.86
Tickets: 85  Shares/Ticket: 37 P&L: 405
Fills: 92  Shares/Fills: 34 ME: 0.61
---------------------------------------------------------------------
# Win Trades: 20 Win %: 50
# Loss Trades: 20 Loss %: 50
---------------------------------------------------------------------
Win $: 740  Win Shares: 1392 Win Ratio: 531.75
Loss $: -335  Loss Shares: 1754 Loss Ratio: -190.87
---------------------------------------------------------------------
Max Win $: 136  Avg Win $: 37  WRatio/LRatio: 2.79
Max Loss $: -82  Avg Loss $: -17  Win$/Loss$: 2.21
---------------------------------------------------------------------
Long P&L: -204  Long Shares: 1216 Long Ratio: -168.02
Short P&L: 610  Short Shares: 1930 Short Ratio: 315.91
---------------------------------------------------------------------
# Long Trade Wins: 3 L Win % 23  # L Trades: 13
# Short Trade Wins: 17 S Win % 63  # S Trades: 27
---------------------------------------------------------------------

11:31 - Pivotal day I think, we shall see. AIG hit 38. I was long this am after waiting for direction and kept losing trade after trade early on, finally I started shorting and made up all my losses and then some. We sure move fast when we move, the DOW was like +50 to -150 in no time. I am flat now and just waiting for more down side if this bounce fails. FSLR short is perfect setup right now if you have shares, break 115.50.

7:47 - FSLR yesterday shares available, today no shares available, ha.

Not to much happened today, we gapped down and flatlined. Summerdays. I shorted BIDU and longed CME for an ok gain today, thats it.

---

Short Ideas for today

• RIMM 72
• FSLR 122
• MA 202
• AIG 45 but no shares available for me

I set my alerts for AIG, short at 52.50, long at 56 (not that I would've gone long). I attempted to short at 52.50 and have no shares available, dang. AIG is at 46 now, an easy play to say the least. I say AIG to 38 or lower TODAY.

I think AIG is now setting the tone for the coming market, of which is simply just full of shit.

Nice ride down in BIDU this am for me, 346.50 avg to 342.14 with the low for that move of 340.43 so I left 2 out there for a total of +4.41, I tried to short it again later and covered quickly to lose -0.40, 9:15 am my time and I shut it down. Pert much dang near know I ain't gonna better that 4 pt ride dese summer days!!

9:53 - PCLN looks ready to go now. Something needs to move here.

9:28 am - GOOG has been dispapointing so far, BIDU ran 4 pts while I was focused on GOOG. FSLR dropped nicely off the bell, missed it. Looks like the market is consolidating right now, I hope for a move either way soon as I am ready to ride the ride. MA looks ready to run some more.

6:10 am - Lotta stuff near a break out today, lets see what happens. I will be focused on GOOG I think.

Ho-Hum, kinda a slow hot boring day. FSLR is falling as I write, I tried shorting it earlier but gave up. Im long GOOG and need it to move but it's not. And MA is on a tear while I just watch it go. QQQQ and the DOW look ready to run.

Holy F, I can't wait to see Tarantino's new movie, Inglourious Basterds

http://www.youtube.com/watch?v=5sQhTVz5IjQ

Trades today...

SYMB	PTS
GOOG	+2.81
GOOG	-1.11
PCLN	+1.31
GOOG	+0.88
BIDU	-0.19
FSLR	-0.26
GOOG	+0.91
	+4.35

My Watch List

• BIDU short 320
• GOOG short 440
• FLSR short 131
• SKF long 31

One of these days we may catch a ride.

Just chipping away at BIDU today, 322 and 320 are key.

6:44 am - Big gap down today and we miss all the downside action. Guess I will be watching SKF long 31 today. Also BIDU short break 322.

12:39 - What a grind today, sideways and chop all day. Shorting is tough right now as the bulls are still very bullish. I have traded BIDU a couple of time so far. BIDU is my favorite name long or short.

Todays trades...

• BIDU +2.01
• BIDU +1.61

I am re-reading the first book I read on daytrading, I like it when I can find a simple phrase that says so much.

'Trade to trade well, not to make money'

Friday's trades...

SYMB	PTS
BIDU	+2.12
BIDU	+1.82
BIDU	+0.28
BIDU	-0.32
MON	-0.08

The market opened and ran higher for 30 minutes without rest where it sat most of the day. PCLN sold off a little and GOOG had a nice small run.

My Watchlist

The market needs to breakout for these to work otherwise, more chop or tankage, if we do ever tank, SKF will fly at 31.

AAPL long still looks good at 167.

APA long looks good too at 89.

FWLT has had a nice run of late, well what hasn't really, but it is forming a CnH on the daily so I am watching it for a run at 30.50 or so.

GOOG could easily run from here, long at 462.

MA is ready to charge at 206.

WYNN always a fast mover has had a good run, long at 61.