HUMANS ♥ ROUND NUMBERS! ~ Canadian Solar Inc.(Public, NASDAQ:CSIQ)

BUY at "round numbers" *long* CSIQ @ $10 ... CSIQ a.k.a. "sea sick"






ROUND NUMBERS represent price areas where resting orders are more likely to be found and where price action is more likely to provide support or resistance. As long as people are involved in trading this phenomenon will be present.

RULE #10

~ BUY on ROUND NUMBERS or breakouts through round numbers. (don't buy at 18.96, buy powerful break above $19) *see HK

BOTD "the fisherman" ... closed our "Deadliest Catch/MAGIC 87" SPY 88 calls for 40%+ profits. *

*long* AKS @ $16

... just the common stock (RULE #87) , with tight stop at 15.79

RULE #10b ~ Place stops where they are less likely to get HIT ... slightly below round numbers.


p.s. ... Faith in FLOYD! *long* HK @ $19

MAGIC 87 ~ SPDR S&P 500 (ETF)(Public, NYSE:SPY)

SPY DAY RANGE:





87.00!! - 88.80

the MAGIC of 87.

JUL 18, 2009 $ 88.000
CALL(SZCGJ: OPRA)

1.56
-0.41 (-20.81%)

THE MAGIC RECO!! *click here*

p.s. ...... the Deadliest Catch pays!!!

DEADLIEST CATCH Part 88 ~ SPDR S&P 500 (ETF)(Public, NYSE:SPY)

.... got crabs?

The SPY hit 88.00 (exactly)



the BOTD attempted "catch #1" *click
(sold 1/2 for profit, 1/2 at even)


the 200ma = 88.01

88.06
-1.74 (-1.94%)
... the Slow STO shows oversold, but has room to go lower.

The Catch #2 PLAN = buy SPY JULY 88 calls on the AM dip! .... tape fighters, knife catchers, and asshole dip buyers UNITE!

the SPY day range: 88.00 - 89.82

...ignore the afterhours green, we're looking for a gap down in the AM with 87 as the magic "BOTD" number. "if" 87 holds get LONG! but, a clean break below 87 and all bullish bets are off. MUST OBEY STOPS!
"you're gunna get burned"


p.s. Got Dandruff? ... head and shoulders pattern on the neckline. Get out your fans! (for the visual folks, the ETF Corner is a great site) ... roll out!

The "COMMON" option ~ RULE #87

BOTD loves options trading. the rewards are plentiful and the risk is defined. but, ... when in doubt, GO! to the COMMON!!

Rule #87 ... when unsure of market direction, go to CASH or hold ONLY common stock.

The DIP LOGIC: being long "just" the common during this downturn has resulted in "just" a 4-figure loss versus what would have been a 5-figure loss "had" we been long via call options.

COMMON = down 8% (not that bad)

OPTIONS = WORTHLESS (very bad)

p.s. attempting random "big buy" options DAY TRADES is permitted within reason. who caught the "liquid" calls of courage in $XOM!?! (20%+ winner) .. GO TEAM!

INSANE in the PROPANE! ~ United States Natural Gas Fund, LP(Public, NYSE:UNG)

HAPPY 4th America!!!

*LONG* UNG

13.00-0.68 (-4.97%)

STOP @ 52Wk Low: 12.69

.... the BOTD ENERGY FUND of FUNDS. (-4.59%)

ERX 26.66 -2.74 (-9.32%)

HK 20.84 -0.98 (-4.49%)

BUCY 27.09 -1.78 (-6.17%)

ENER 15.22 +0.90 (6.28%)

WNR 6.96 -0.23 (-3.20%)

p.s. Light up the BBQ and support the US of A!!!

The REFINED Trader. ~ Western Refining, Inc.(Public, NYSE:WNR)

I want to make one thing clear. OBEY STOPS!


The "OVERSOLD" buying opportunity.

WNR
7.18+0.12 (1.70%)

STOP @ $6.86

~

the BOTD ENEGY fund:

$ERX
$HK
$WNR