Monday, August 3, 2009

The SEMI-PRO Trader ~ LSI Corporation (Public, NYSE:LSI)



















LSI

5.30
+0.12 (+2.32%)


the "semi conductor" ... get out your baton!




MU: NYSE
6.77
+0.38 (+5.95%)

...new 52 week high.


RULE #24 LONGS:
FITB 9.68 +0.18 (1.89%) ... up 12%+ on swing.

HBAN 4.19 +0.10 (2.44%) ... up 10%+ on swing.

p.s. "faith in FLOYD" $HK 25.48 +1.20 (4.94%) ... up 34%+ on swing.

p.p.s The "inverse" Amateur ... SMS & SRS (new all-time lows, daily.)

17 comments:

BUY ON THE DIP said...

the SRS hedge

MHO
13.70 +0.57 (+4.34%)

BUY ON THE DIP said...

"if" the rally continues, i think regionals and semis are the place to be. cheers.

jd said...

my trading account gets funded with a relatively small amount of money tonight. lol

Lets see if I can do some damage. Technical traders expecting pull back on the S&P if it cant bust 1004 tomorrow. ,,, seems like good logic to me considering how big of a run up its had.

sara said...

killing on hk

jd said...

Massive SRS breakdown today, looking for a trade on it. See anything BOTD?

BTW, pissed I can't buy options with the money i deposited to my account yet, this is too little money to do anything with if i can't trade options, lol.

Kenny said...

I think Ford has been built up too much ... getting in on some .FUK.

BUY ON THE DIP said...

LSI closed on highs.
5.40 +0.08 (+1.50%)

and although down on the day, $MU closed at its HOD.
6.76 -0.01 (-0.15%)

the REGIONALS had a day!!

HBAN closed on HOD
4.41 +0.24 (+5.76%)

FITB (sold 1/2 today up BIG on swing, must take some profits!)
10.04 +0.41 (+4.26%)

go team!

.... sold SRS today, down 16%.
up 10%+ on MHO, held the hedge
MHO 13.97 +0.17 (+1.23%)

BUY ON THE DIP said...

14:39 PM ET
Petrohawk Loss Narrows, Plans 25M-Share Sale; Stock Falls

14:30 PM ET Petrohawk Energy beats by $0.05, misses on revs



"This quarter, our operations in two prominent U.S. shale plays, the Haynesville and Eagle Ford Shales, made key strides in further establishing productive areas and achieving operational efficiencies. Operational improvements have resulted in lower average costs per well and higher initial production rates which we believe will lead to increased returns on investment," said Floyd C. Wilson, Chairman, President and Chief Executive Officer. "Petrohawk's operating staff has achieved these efficiencies early in the development of these plays with great success. Additionally, we are keeping pace with infrastructure requirements as we continue to work marketing channels to sell gas at the best available prices.

"We continue to be fiscally conservative, expanding our portfolio of hedges into 2011. Based on the combined effect of strong quarterly performance and positive hedge positions, we stand in an excellent position to continue our exciting pace of production and reserve growth."

KP said...

Whatever happened to your prediction of FAZ at 37 by August? Because of reverse split it should have now been at 370

How much did you sell FAZ for?

jd said...

SRS further broken down today.. i still havent made any trades just yet... maybe tomorrow or friday i'll get some options.

BUY ON THE DIP said...

HBAN 4.65 2.65%

GS 169.64 0.59% the 175s!!!

POT 101.96 2.41% *the 100s! winner!

new 52 week high...
MU 6.95 3.12% with LSI.

and lil spec'r CIM looks ready to go.

BUY ON THE DIP said...

keep it simple. lighten up, sell some longs.

or SPY puts of protection.

p.s. TZA and EDZ look very tempting, but i have enough problems with SMN.

BUY ON THE DIP said...

CX is movin!

watch RMIX and the bridge plays.

BUY ON THE DIP said...

word on the street.

BA calls.

BUY ON THE DIP said...

CIM

Trending Higher (MACD Bullish)
Chimera Investment Corp has issued a bullish signal based on the Convergence-Divergence of two moving averages. CIM moved to "MACD green" and is in an uptrend that is supported by strong volume and positive price action.

BUY ON THE DIP said...

SPY 99 puts of pro
1.43 +0.18 (+14.40%)

Anonymous said...

Wedbush Morgan initiates MU with a Outperform and price target of $8.50 saying they recommend investors' buy shares of Micron as they expect continued Q/Q improvement to gross margin, earnings and revenue due to recovery of DRAM industry and its transition to DDR3, cost reductions in NAND flash to outpace ASP per MB declines in 2H of CY:09E; and sale of Aptina unlocking incremental leverage to the model.