Step by Step $SPY

Step 1) Monday = Hammer
Step 2) Tuesday = Confirmation
Step 3) Today = Follow Through

from $127/$128 to 130.77+1.74 (1.35%) ... from out of the money to near-the-money, to in-the-money. *raise stop above cost

watch resistance: @ 200ema

Hammer of the Frogs! $SPY

... today's candle just turned into sexy mallet of love, time to pounce on the bounce. feeling froggish? ... LEAP.

Long-term Equity AnticiPation

LONG: $SPY 130 Jan 2013 $CALL

the 200 day simple $SPY support

... Sell in May? too soon in June? ... we hit the 200sma today, look for a support bounce tomorrow/wednesday.

I haven't bought anything in weeks, anxiously awaiting todays 200 kiss. Get your BOUNCE buy list ready.

disc: long $SINA $POT $ZNGA $HK (all common, all underwater)

the FARMER and the $DELL ~ Earnings Play

BOTTOM of the BOLLINGER BANDS

EARNINGS ROULETTE:  JUNE 16 CALLS @ .47 cents!

EPS guess? ... May 22nd (AH)

the FARMER:  Long $POT

below the old BHP bid price, buy under $42

PLUS (+) marks the SPOT ~ $SPY $CALL

... went long May 135 $CALL on the morning dip. 6 days of selling, time for a bounce. Today's candle (+) looks promising, dough-g!

who's afraid of the big bad $VXX ?!

... has room to the upside, watch EMA resistance. sold my 17 $CALL position today (50%+ profit)

... looking to buy May 18s on any bullish pop for an over weekend hedge.