tag:blogger.com,1999:blog-169113822011-08-10T01:45:14.162-07:00Beat The StreetJordanhttp://www.blogger.com/profile/17879026677644036022noreply@blogger.comBlogger161100tag:blogger.com,1999:blog-16911382.post-1143583587022766262006-03-28T14:04:00.000-08:002007-02-20T20:56:20.296-08:00

After the FED raised rates yet again it really stunned wallstreet. The first 10 minutes before the announcement led to some buying, bringing the dow up 20 points. Right at the announcement the dow dropped some 80 points in about an hour.I think the dow is heading down right now. From a fundamental standpoint the corporations that make up the dow will have to spend more to borrow funds. From a

Jordanhttp://www.blogger.com/profile/17879026677644036022noreply@blogger.com0tag:blogger.com,1999:blog-16911382.post-1137863413594767302006-01-21T09:07:00.000-08:002006-06-23T06:17:37.896-07:00

After entering my WM short and watching it move upward, I was a bit worried to say the least.Now after just one month WM hit 42.50 and I cashed out my options for a 16% return. I think WM has some more room to the downside but I will stick with my trade and exit now. The next week should bring WM a decent rebound so I will stay out and keep my money in my pocket. This is the second profitable

Jordanhttp://www.blogger.com/profile/17879026677644036022noreply@blogger.com0tag:blogger.com,1999:blog-16911382.post-1135969906142031932005-12-30T11:10:00.000-08:002006-04-14T09:21:28.500-07:00

My options are now worth $1.90 from $1.50. Good movement so far, in a few months they will be a good $3-4. :)retsambew dash klat for Charity

Jordanhttp://www.blogger.com/profile/17879026677644036022noreply@blogger.com0tag:blogger.com,1999:blog-16911382.post-1135803952001790762005-12-28T12:57:00.000-08:002006-01-19T14:59:39.153-08:00

Washington Mutual is one of my favorite stocks in which to make quick plays and trades. Right now its sitting around $44/share and I'm looking for it to fall to $40 per share within the next quarter. For those who trade shares themselves this is about 9% for those of us who like options, this could be a three-bagger.Puts for WM are appropriately priced $1.50 for april 2006 puts. If WM hits my

Jordanhttp://www.blogger.com/profile/17879026677644036022noreply@blogger.com0tag:blogger.com,1999:blog-16911382.post-1135264610446930872005-12-22T07:13:00.000-08:002005-12-22T07:16:50.463-08:00

The dow is sitting pretty at 10800 which I am mildly surprised about. The USD is being a normal rengade self and is charging afead, nearly meeting the price of the December futures in August at 1.15.I think the dow will come back and settle around 10300. This would yield $2500 on those futures accounts ;)

Jordanhttp://www.blogger.com/profile/17879026677644036022noreply@blogger.com0tag:blogger.com,1999:blog-16911382.post-1132270686161417342005-11-17T15:35:00.000-08:002005-11-17T15:38:06.180-08:00

Did exactly as expected in just one month. The stock hit its $23 range and some technicals and even fundamentals came in to play to make this stock surge to $25 a share. One heck of a run if you ask me!GOOG shares move past the $400 mark, I think this is the top.

Jordanhttp://www.blogger.com/profile/17879026677644036022noreply@blogger.com0tag:blogger.com,1999:blog-16911382.post-1129067663982443622005-10-11T14:27:00.000-07:002006-05-01T15:04:47.366-07:00

It's been awhile since my last post unfortunately neglecting the site.So on the INTC note, it's time to get in if the support holds. INTC has been in a pennant for the last 5 years slowly creeping up on the point where the lines cross. Amid AMDs awesome earning reports today (Est. $.08 Act. $.18) I would think that we would see some sector buying. Tech has been hit hard in the last few weeks as a

Jordanhttp://www.blogger.com/profile/17879026677644036022noreply@blogger.com28tag:blogger.com,1999:blog-16911382.post-1127962802135552642005-09-28T19:44:00.000-07:002006-03-18T03:07:14.276-08:00

Katrina is not the same thing as September 11th, and if you believe this please continue reading....Katrina victims are not necessarily victims. They had all the same chance to get out, all of them had the chance to get flood insurance. (Flood insurance is offered by the government)Why these people do not deserve the payments:People in LA are largely uneducated lower class people who are used

Jordanhttp://www.blogger.com/profile/17879026677644036022noreply@blogger.com13tag:blogger.com,1999:blog-16911382.post-1127863938337737962005-09-27T16:29:00.000-07:002005-09-27T16:32:18.343-07:00

I got stopped out on USDCHF at +5 Pips. Good enough I guess, but not what I was looking for. Who knows what the hell is going on with the USD at the moment, its a guess at this point.Still waiting for INTC to come back in...

Jordanhttp://www.blogger.com/profile/17879026677644036022noreply@blogger.com0tag:blogger.com,1999:blog-16911382.post-1127778963930656142005-09-26T16:47:00.000-07:002005-09-26T16:56:03.936-07:00

I'm up just over 40 pips on my USDCHF trade, and expecting another 90 on top of that, this downtrend should be huge! So far I'm up 190 pips this month, enough for a 9.5% return on my NAV. If this continues I should be able to retire before I work.INTC- This stock is doing just as expected as the downtrend is gradually slowing, showing some support. At this point I would like this stock to

Jordanhttp://www.blogger.com/profile/17879026677644036022noreply@blogger.com0tag:blogger.com,1999:blog-16911382.post-1127661826304758492005-09-25T08:18:00.000-07:002005-09-25T17:13:10.653-07:00

The USD has been high flying over the last few days, and people are getting off the bandwagon. USDCHF shorts are at their highest in 11 weeks, I'm one of them. I think that this current uptrend is too fast, too much. USDCHF at these levels is overbought, I think it should come in to about the 1.28 level, 130 pips for the taking! With a stop loss at 1.2950, this trade has a 1:4 risk to reward

Jordanhttp://www.blogger.com/profile/17879026677644036022noreply@blogger.com0tag:blogger.com,1999:blog-16911382.post-1127590743960028702005-09-24T12:33:00.000-07:002006-04-15T19:35:53.683-07:00

Who would have known that this site is psp compatable all this was typed on a psp

Jordanhttp://www.blogger.com/profile/17879026677644036022noreply@blogger.com18tag:blogger.com,1999:blog-16911382.post-1127419594036818492005-09-22T12:58:00.000-07:002005-09-22T13:08:07.586-07:00

INTC- IntelThe technicals for this stock should boost it up a few points, enough for nearly 10% gain with the stock itself, or more with options. I would suggest the options.INTC is in a downtrend at the moment but has been in an uptrend over the longer term. I think it is falling back to the trend and will settle at the 23.70-24 level, with 23.78 being a rather strong support. At this level I

Jordanhttp://www.blogger.com/profile/17879026677644036022noreply@blogger.com0tag:blogger.com,1999:blog-16911382.post-1127253005045832632005-09-20T14:15:00.000-07:002005-09-20T14:54:05.163-07:00

This is the SECOND attempt to type this. As the first was lost due to my striking of the back button. The face I made when it happened:So lets get to the market. The Fed, on a crusade to kill your house's value, raises rates. And the market reacts with the USD gaining strength yet again. If you're sick of it, raise your hand.

Jordanhttp://www.blogger.com/profile/17879026677644036022noreply@blogger.com0tag:blogger.com,1999:blog-16911382.post-1127178349202872702005-09-19T17:44:00.000-07:002005-09-20T14:51:49.963-07:00

So why not? I've got a new blog and I'd like to fill it up.So what's up with the markets today?Lets start with Forex: (Hey interbanks, I could use a job ;)EURUSD continues south. HUH? Touched the 100 day MA and couldn't break through.Must be all this German Election garbage. The news has pushed EURUSD to break out of a channel that spawned in June of this year. Now it wouldn't surprise me if

Jordanhttp://www.blogger.com/profile/17879026677644036022noreply@blogger.com0tag:blogger.com,1999:blog-16911382.post-1127175872031409502005-09-19T17:15:00.000-07:002005-12-22T07:19:01.973-08:00

So this is my blog. I'm on my endless journey to make a buck with the forex, stock, futures, and options markets. Let's beat the street!A little about me, I'm a trader who loves the game. I trade solely technical indicators and fundamentals are rarely introduced into any of my trading. I believe that all securities or currencies have a value in which bulls outpace the bears and where bears

Jordanhttp://www.blogger.com/profile/17879026677644036022noreply@blogger.com1