Master Che's  Instablog

Closing Comments

Hard market to buy; none the less I'm sticking to my strategy; which is buy the bounce; which in turn becomes a hedge; for the next stage of the move which is to agressively short the market

EFX:

This morning I tried to buy (49.79) but no fill for the bump up to 53.50 with a potential pullback (pivotal) at 52.49)

PCLN

I tried buying (626.42) this morning but no fill I had second thoughts originally had the buy order at 629.41

The move is up to 761.23 and possible 831.08

HD:

Long from yesterday (60.74) - stop loss at 60.43

Up to 67/68

VTR:

Long (today) from 63.46 - stop loss to be determined

Failure to hold 63.98 (OAV) I close

Up to 68.91 and possibly 72.34

Failure to get through 65.27 I close

HNZ:

Long from 57.46 (today) - stop loss at 57.03

Will add at 57.12

Up to 53.50 but I'm taking profit at 61.05 and may reload

FDO:

Stopped out at 66.02

Long from 66.25 - stop loss 66.02

Up to 73.25 (min.)

Could reach 76/77 and rally up to 86/87

FDX:

Long from 89.32 (today) - stop loss 88.60

Up to 98/99

NKE:

4:00EST

Closed my long at 91.40

2:43EST

Looks like a potential dip down to 91.68

Moving my stop loss up to break-even

Long from 91.05 and 91.08 (today) - stop loss at 90.20

I'm looking for 106/108 (min.)

It could reach 110/111 and rally up to 140/144

LEN:

4:00EST

Closed my long at 36.25

Long from 36.25 (today) stop loss at 35.69

I'm looking for 42/43 (min.)

DF:

Good stock to buy; on 10/26 it bounced exactly at the OAV (15.60) which means the move is up to 23.34 to 24.06

Yesterday I got long at 16.50 - stop loss 15.99 and plan to move it up

CCI:

Long from 66.30 - stop loss 65.79

MUST take out 67.36

I'm looking for it to reach 71.83 to 72.40

EMC:

Closed my long at 23.91

Currently on the key support (23.81)

Either it breaks down or rallies up to 27.26

Breaking down is to 22.01

Long from 23.91 - stop loss at 23.69

BEAV:

Up to 51.49; 43.59 is the patterns support pivot an on 11/7; the decline found support at 43.59; currently it MUST take out 44.39 if not it retests the support pivot at 43.59

If it stays above 43.91 (today) (43.96 is the intra day support pivot)then it heads up

ISRG:

The major move is up to 672.64

Below 502.10 cancels this bullish bias

Immediately up to 578.42 and it should immediately pullback at this level

I'm looking at 513.95/514.00 to get long

If it fails to trade below 524.00 then I will chase it

Long 531.26 - stop loss 523.25

WHR:

Over the years I've always done well on this stock

I like this stock for a little bump up to 111.23

I watching 93.81 and 95.24/43 (I wanted to buy yesterday at this level but I felt the timing was wrong, in light of the equity futures)

In the event it dips further

At 90.49/50 I'm a buyer

TGT:

I want to see that 61.51 stays intact as a low for several days before buying or above 62.51 - I buy; but it MUST trade above 63.02 within a few days after trading above 62.51; if not I will close the long position; essentially the move is up to 66.50 and it could go higher (69/70)

AMZN:

229.56 is the key OAV; below it is a sell and above it is a buy; it looks like down to 218.23

SHW:

I like this stock; I tried buying yesterday at 139.81; but never got filled; the immediate move is up to 164.46 to 172.64

150.34 is a key resistance pivot (yesterday failed to close the pivot) and 155.13 is a key resistance pivot.

147.57 is the nearest support pivot then 144.78

currently no bids

GOOG:

At 651.94 it bounces up to 686.38 (take profit)

Below 652.38 it's no longer a bounce buy

MSFT:

9:33EST

Below 27.35

Therefore down to 25.78 and 27.76 is the patterns resistance pivot

At 27.57 it's a buy (long); but I want to make sure it fails to reach 27.35, not reaching 27.35 after reaching 27.57 is a clear cut buy (up to 32.00) reaching 27.35 cancels the potential bounce

NWSA:

I like the potential upside; although until it closes the resistance pivot at 24.87 it is a question mark; or in other words closing the resistance pivot is a confirmation of the move up. The move up is to 27.49; although the move up is in two movements; the initial move is up to 25.91.

I'm watching 24.18 for a potential bounce and at 24.04; because it failed at the resistance pivot (24.87) I want to be patience (and maybe late) it could easily drift down to 23.90/23.99

11/12/12

LF:

11:52EST

It reached 7.68 (previous update - down target)

I strongly recommend watching this stock, because not reaching 7.26 is immediately bullish and in the event it reaches 7.26 it sharply bounces

Still short the following

AAPL from 696 and 650

CMG from 419 and 343

VOD from 29.28

JCP from 34.99 and 32.54

N from 65.38