Recent content by cwang

Those are tiny numbers comparing to the big chunks they have been selling consistantly. for brin Dec04 - 1,200,000 sold at 179 Mar05 - 1,200,000 sold at ??? Sep05 - 1,200,000 sold at 288 He seems to sell right away whenever he makes an aquisition through his 0$ option. comparing to those big...

I agree with most of the points, but the insider selling part really should be considered positive for google. all the insider selling activitlies I have read through are automatic sells. The share size are so small comparing to what they own, option wise. There was this director hennessy...

I missed the bus why do you have to be right :) well, the bump-run theory you posted a few days ago paid off here. I missed the bus today. I ran after taken a one-dollar scalp this morning, and missed this whole thing, but I think it may not be too late yet. $460 support is broken during...

Hi: Now i know you are in UK, was wondering why you only post while i am sleeping. You amazes me with more and more charting theory every time :) thanks for the bump and run article, it's an interesting one that I have never seen before. Now, the only concern I have with the bump and run...

Good morning, i just came back from Las Vagas, as i mentioned before :) Friady Afternoon, I went to check out Larry Page's speech at CES, and this guy surely was able to look good, so as google. Ebay+yahoo+google were the major point of interest this time, after microsoft and intel did their...

I use dailys for long term trend reading, and use 5min and 1min for shor term reading. 90% of my trades only stay in market for 10 mins, so I haven't found much use for EMA yet. I mainly reply on ticker and volume by price levels. However, I am always in the mood to add more indicators...

Yeah, it's now actually $20 up at closing. the 410 put position i entered earlier at 7.50 is now priced at 2.75. $475 down for the first day of the trading year doesn't seem to be a good sign :) Since the delta of this contract is so small now, I will just hold it. Anyways, like i mentioned...

Even though I am on a short position right now, I have to say that P/E is not something we should rely on to short. Short trade is on price, not value. you may open up a 5-yr chart of ERTS, and look at the beginning of chart, ERTs was priced at 40-50 at that time (you see 20-25 because there...

Goog is at 414.86 without counting AH. If you look at a few more posts above, we believe the chart pattern is suggesting a correction. When you say "Some Think by as much as $100", does it has something to support this statement?

Hmm, i think i would consider doing something like sell 440 call and buy 460 call, but just sell 460 call naked is not the cup of tea i want to take yet. In the first case, we have a calculatable risk, in the second case we don't. you cannot stop people from suddenly taking lots of pot...

12 30 2005 I trade options and options were not so patient :) they go down in value daily unless we are beefy enough to go for way-out-of-money contracts. It may not be a bad idea to do an all-or-nothing trade once a while if we are certain we are correct. Like the plan i posted...

Dec 29 2005 Ok, today goog went through 420 support line quickly during the last hour. However, I would be cautious about taking last hour into account. If we are not around New Year, tomorrow I would go short for 3 days if google stay lower than 420 in the morning for 20 mins. However...

If I am very certain, I would define my max risk first, then use all these money to buy equal amount of call option and put option. If i think the total chance of the above case is small, say, 10%. then I would do the following x = option price / expected profit if x < 10%, I buy if x > 10%...

Hi Timsk: I was going by worst case for new trader. New trader often tend to hold a position longer than they should (I myself made the same mistake many years ago too) . For longs, it's certain the worst case would be the company falls apart and stock goes to penny. For shorts, there is...

DO NOT short until you fully understand it. shorting is a dangerous thing to do, even with stop loss. an alternative is to buy put option, which is a lot of safer, but you are paying for volatility and time. these are concepts to be found on all trading books, i recommend to read one before...