Friday, January 15, 2010
Wednesday, January 13, 2010
Saturday, January 9, 2010
100 TRADE MILESTONE REACHED
Now we have completed 100 trades on this blog since 2007 using ZYX Change Method. There have been 94 winning trades and six losing trades. The average annualized return per trade is 214%.
We have published trade by trade performance, please click the link to read more about performance.
We have published trade by trade performance, please click the link to read more about performance.
Wednesday, January 6, 2010
Tuesday, January 5, 2010
Friday, January 1, 2010
ADD TO $NVDA SHORT SELL POSITION
On December 7, 2009 we lightly scaled in a short with a 5% full position size at $15.18. Since then, the stock has moved up as high as $18.95 based on rumors that $INTC will buy them. Such rumors make absolutely no sense. $INTC is already fighting Department of Justice on anti trust grounds. Considering $INTC's present intellectual property in graphics chip sets, we see major hurdles to any buyout of $NVDA.
We will scale in another 10% in the range of $18.50 to $19.10. If stock goes higher, we will become more aggressive in accumulating a larger short position. Time to be aggressive is not yet here as our proprietary money flow indicators continue to show strong accumulation.
We will scale in another 10% in the range of $18.50 to $19.10. If stock goes higher, we will become more aggressive in accumulating a larger short position. Time to be aggressive is not yet here as our proprietary money flow indicators continue to show strong accumulation.
STATUS OF FLU STOCKS
Over the last few days, these stocks have moved up and we have given up some gains. Nothing has changed in our thesis and ZYX Change Method Screens continue to be negative. We are short on $NVAX from $3.43, $BCRX from $8.67 and $APT from $5.25. We will consider adding to our short positions on further up spikes. We will also short sell $SVA, $RVP and $QDEL on up spikes or on technical breakdowns.
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