ROCKY IV.1 ~ $YNDX ~ Yandex NV (Public, NASDAQ:YNDX)

ORIGINAL BUY:  $YNDX @ $18.81

GOOD COMPANY:  LONG w/ @ChartSwingTrade

LONG CALLS:  $GOOG  ... the American Yandex!

BUY ON THE 'OVERSOLD' DIP in $GOOG

       ... there is no tomorrow.

GUESS WHO'S $BAK ?! ~ Braskem SA (ADR) (Public, NYSE:BAK) *

*obligatory first post of 2012.

ORIGINAL IRA BUY:

GOOD COMPANY:

2012 IRA Contribution Limits
If you are under 50 years of age at the end of 2012: The maximum contribution that you can make to a traditional or Roth IRA is the smaller of $5,000 or the amount of your taxable compensation for 2012. This limit can be split between a traditional and a Roth IRA but the combined limit is $5,000.  *IRS.gov

 NEW IRA BUY:  Veolia $VE  

(click chart)

Veolia TV (click here)

SPEC SECTOR PLAYS: Ethanol? $PEIX $BIOF  ... charts look prime'd, yet corn cars are NOT the future.  just speculative ideas for quick buck.

 ... rub my BAK, rub my BAK, rub my BAK!

The PURE PLAY on PLAY. ~ Zynga, Inc. ~ $ZNGA

Zynga = The PURE PLAY on PLAY.

 1) VIRTUAL GOODS = REAL PROFITS!

2) DOWN 15% from IPO 

 RISK: high valuation @ 6B+

LONG $ZNGA 

PURE PLAY: MOBILE GAMING $GLUU

 Glu Mobile

... looks like Mathew Drapkin, the "insider", tried to game the ZNGA IPO.  Not sure he got the pop he was looking for, but it creates a nice floor at $2.99-$3.00  *stop loss level

PURE PLAY:  MACAU GAMING $MPEL

Melco Crown
20%-30%+ YOY growth


 p.s. HEDGE:  $SPY JAN 123 PUTS


the market is a ...

The HIGHER LOW. ~ SPDR S&P 500 ETF $SPY

 

DEFENDING THE HIGHER LOW. 

LEVELS

1) RED bullish trend line from the low. (filled gap/top of base)

2) ORANGE bullish trend line from bottom of base. (unfilled gap) *

2) GREEN horizontal "higher low" support line.

* favorite buy zone (orange)
     ... gap fill area, oversold stochastic level, higher low intact.

p.s. watch/wait
   ... for the breakout spike in $TLT for a top/equity bottom.

the AUCTION KING. ~ Ritchie Bros. Auctioneers $RBA

... when the market crashed in 2008, it took the mom & pop construction company with it.  They borrowed money to finance NEW equipment for NEW jobs, then it all stopped.

 * NO JOBS, NO WORK *

can't make that lease/loan payment ?  ... equipment gets REPO'd!!!

Ritchie Bros current INVENTORY: (their loss, $RBA's gain)

• Construction Equipment (21251)
• Transportation Equipment (9443)
• Support and Consumer Items (9189)
• Agricultural Equipment (4254)

• Asphalt/Aggregate/Concrete (3753)
• Lifting and Material Handling (1923)
• Oil and Gas (1104)
• Mining (956)

• Utility and Power (540)
• Forestry (207)
• Property (Real Estate) (42)
• Marine (41)

 ... the world's largest industrial auctioneer, $RBA! 

risk: used equipment market is still weak.

reward: stock acted well during this week's sell-off. *

November 1st was a 15 month low, chart shows capitulation ... BUY! 

*14%+ SHORT INTEREST

full disc:  no pos, yet.

the QUADRUPLE TOP in the TRIPLE Q's? ~ NASDAQ: $QQQ

 ... i see 1, 2, 3, 4 Q's at the top of this chart  ... they used to call her the QUAD Q's, but they don't anymore.

"There's NO such thing as a QUADRUPLE TOP." ~ Richard Bias

Which way from here?  ... choose your own adventure.

 OVERALL TREND: UP

BULLISH TARGET:  $76 ... measured move of $16 from the $60 breakout (green arrow) *overly optimistic

NEUTRAL: $58ish ... sideways forever (light blue) *not likely

RANGE BOX: back to the bottom of the range ... from the low 50's to the high 50's & back again.(orange arrow) *all of 2011

BEARISH BREAKDOWN: $42ish, giving back the entire 16 point Sept 10 to Feb 11 bull run. (red arrow) *be prepared
 
FULL DISC:  Long Jan 58 CALL   

PowerShares QQQ Trust, Series 1 (ETF)
(Public, NASDAQ:QQQ)