The initial reaction is better than i expected as it dropped to about 94.8 this minute after reaching 98.8. The call still stand going toward next month with maybe deeper target that i will adjust if needed, but it is good to take initial profit for Base entry at 98.5, and focus on Bonus Entry at this point .
YELP has Today, Friday, Monday to make its final upward push as high as it can go before February uptick is done. At this point, you should be familiar with my handling at each layer from Base to Bonus, in which whenever we are done taking profit for one layer, we will focus on the next layer until the call is done with happy reasonable total profit. As for YELP it can push as high as 102.5 for BOnus entry if it gains further strength the next 3 days, so as for Bonus that we are focusing in now, i 'll pay close attention to whether to make earlier entry on BOnus with possible revision to 102.5-105 Bonus within this week or next week together with Exit reference point that it will most likely to drop to upon touching these high.
I will further wait til end of today to see how high YELP drive up before finalizing on the Revised Bonus entry. For now, wait for the revision before end of day today, latest Monday. But at this point, possible highest point rise to 103.5 level compare to 102.5 yesterday, so the revision of first price of Bonus entry will be between 102.5 - 103.5 depend on how high can Push today close to end of day. Latest that i will post final number will be on Monday , which in term of timing would be safest, but Yelp may run down early prior to openig Monday. I 'll consider the right timing for this revision before end of day today. Updated: the initial downward reaction from 100 level is a preview of what i would expect in term of weakness of YELP upon reaching 100s range. I am looking at 100 (early bonus) - 102.5-103.5 as potential BONUS entry before end of day.
It looks like the down train got start early without us on board waiting at our Bonus station , just like it did to DDD. At this point i can only say that it already hit my initial target of 94 again on bonus, and can go deeper to 90-89 territory on next stop. For now , weakness is more visible as the initial reaction after touching 100 this morning had trigger this early run , and this will help me to proceed with more aggressiveness in stock positioning (after DDD and YELP run). For those who got good positioning early at 100 on your own analysis, congratulation, because as YELP gaining further downward pressure it will be able to get deeper to 92-89 the next few days. I made a good habit of not chasing market, so i will always stick with that. My way of doing trading at this point is either i am in and win with well balanced positioning and stick with this principal, or not chasing at all - maybe you can win a bit in chasing but this win is nervous money. If this is another miss opportunity on YELP for bonus, then i am fine with it since the call did well on Base. Next call will be 9th call as i still look at DDD and YELP. I am setting up additional screen to view about 5-6 stocks at once, as it is only 2 stock at the moment that i am viewing.
I gonna wrap up the last 2 calls within this month. There were 4 calls i made the past 3 weeks, but did not posted at this forum, those friends of mine got to see, but unfortunately not tradeable for short sell call due to the shares not available with Etrade for the Short sell call at the time.. 1. AGIO sell short from 49 (hit 48.72) then drop to 42. 2. PLUG Sell short from 11.5 (hit 11.4) then drop to 6, 3. BUY PLUG from 6.9-5.4, (hit 5.4) then pop to 8 two days later, 4. SELL HART short from 12 (hit 11.89) then drop to 9.7 yesterday. I am looking into SELL short FF at the moment, though any stock coming in on daily basis that fit my analysis profile will do just fine from now til end of March as i am looking at 4 stock at the moment..Just a head up that I will post this sell short on FF upon reaching price i am waiting. I am attaching the phone snapshot of the text between my friend and I as he find it frustrating not be able to short with Etrade on AGIO, and as i asked him to look into PLUG, nothing available neither. Well, he's determined to find another broker who had better chance of shorting almost any shares, and told me that Interactive Brokers seem to be a better place for this, since i told him that as for the ratio of number of calls between SELL SHORT and BUY, its 3:1, since my precision specialty is on Pullback analysis
FF is a bit lagging so i am fading away on this one, and this is how close I am to missing action on BUY on HART last week that my buddies didnt get to participate: BUY 6.7 (10%) - 6.1(20%) -5.7 (30%) target 8, Hart touch 6.76 last week then pop to 9.2 yesterday. At this point i do have a automatic module that follow market price of the call and send out notification as it touch entry to mobile phone, and it is precise to the decimal, so they didnt receive this Enter Base action notification, that upon receiving it, it will be action time. This is the kind of real time i was referring to before vs. posting on Forum that is not quite up to real time speed. But i will wrap up the last 2 official call as soon as possible to complete this thread. For now, My focus is Sell short on ABTL, so i gonna give this one out for now, that hopefully it is actionable within this week 9th call ---------------- ABTL now 15.06 SELL ABTL Base: 17.5 - 30% volume (earlier action of 16.5 10% - 17.5 20% would be acceptable for Base) Bonus: 18.4-19.1 70% volume Target: to be updated upon hitting Entry. Ths is 4 of a Kind type of nut. Time frame: good for the next 2 weeks -------------------- I also pay close attention to PRSC, very good upward movement now, but even better for a short end of the Month to get in both side Buy and Sell according to its timing.
ABTL reached as high as 15.45 but not touching our waited entry of earliest at 16.5, but drop nicely to 13.76 according to directional movement as i expect. This early run considered as round 1. The call still valid, but we 'll fous on 17.5 area and above for the next 2 weeks. Still focus on PRSC for a decent BUY before end of the month, then a short on this at end of month.
For those that are looking to get some BUY on YELP. Wait for it from 53-51-44. You will get some decent points on it, so put that on radar, this is just a side note from me with regards to Yelp since we did some short call on it earlier, the best timing to run is beginning of next month for up side. This is around a Full House kind of Nut on your favor where market can only best you with Flush having probability of going further down beyond this area. If it reach this area, i will make a side call on this for you guy. ALso, i hope to find a good opportunity to make the 10th call to be a Royal Straight Flush nut , like you see in the 007 james bond movie (just a regular straight flush), it was a beautiful setup in the movie, and with my analysis, i too can see market with such clarity that expressed through my own opinion of the Nut type. . in my opinion it is also equally important that an analyst can come up with a relative accurate assessment of the Call so that the traders can throw in volume accordingly, and in my system, i do spell this out with % of volume per entry.. How much total volume to go with the call? let's say that when i asked my friend about what does he think of the Nut Trade call up to this point, he answered ' all in'.. I clarified with him that the nut trade can afford higher volume due to its higher precision or highest precision, up to all in, and that will ultimately depend on how much experience you have with it to get the 'feel' of it. The conventional wisdom tell everybody to not put all eggs in 1 basket, that's because most does not get the precision in the market to not do this, otherwise, they would love to all in if they get an 'insider' tip (which is forbidden, but people do it anyway right!). I aimed and decoded the market to push my precision as close as you can get as if it is an insider tip for stock movement within its time frame, without getting in trouble with the regulatory body. I will wrap up this thread after next call, and will provide a bit more information on how you can continue to follow the call on a more real time basis via mobile or pc/tablet, as soon as i get a nod from ET admin along with posting some graphic of the notification, viewer system i have in place that many friends of mine are following closely with high regards.
ABTL dropped significantly though it didn't get to touch our entry, and being more aggressive on entry is something i am fine tuning now to participate in more action but without disturbing the balance and consistency of the call. Also, i am running a banner campaign at ET to spread the word about the Nut Trade as i am about to wrap up the introduction of what it is and what it can do down the road for those traders who are serious about the nut call. Being a sponsor at ET would allow me to speak more in depth of what the Nut trade is in term of real time delivering and its quality that i am conveying. I ve always preferred the real time delivery vs. Forum posting, so the nut trade platform was built and thoroughly tested the past 3 months with serious participation of real money trading. Everything is viewed via mobile phone in real time via text message that i am giving you some phone screenshot to get a clear picture of what it is. For any trade, it will start with Waiting notification with attached web chart to view the call details when market get closer to the call Base entry, then as market move to waiting entry, the automated notification module to notify all user the appropriate action whether it is to ENter Base, Enter Bonus 1, Bonus 2, Take profit Base/bonus1/bonus2/target , stop loss. These screenshots are of TITN call recently that i didn't post here at ET, but it was on the money and profit was made from Base entry and you can get a very clear idea of what you will see in term of call detail at your mobile phone.
I am letting user signing up for a 2 months trial at this point to continue evaluating the delivery system and its quality and consistency, but so far those who are following this system the past 3 months like it very much. Some set up 2 trading accounts so that they can sell short as selling short (pullback) is my specialty. I will make the final calls of this thread via official posting like i did hopefully actionable on SPRT, SANM, MDSO, but in the mean time for a more real time following of stock i am monitoring with details, you can check out this link (expired in 2 months) http://www.thenut-trader.com/nuts/dailyadvisevip.asp?u=thenut234 . If you want the real time follow up on mobile phone like u see on screenshot, then you should sign up for the trial account with your mobile phone associated with it at www.thenut-trader.com for general info and www.thenut-trader.com/nuts/notifymobile.asp for direct trial account setup. It is worth noting that i mainly monitor about 4 stocks at a time, and serious action on 1-2 at a time, and will try to capitalize on it before choosing the next one. P.S those who are serious about the nut call and in need of some serious recovering , i am here to help on a more one-on-one basis, i will not charge you anything except your full commitment to the nut system after i successfully helped you recover. I do this all the time to my friend who are stuck in positions where i would tell them where to further accumulate position at a bigger volume to better average out. Upon signing up trial account successfully, you should receive the New Account text as shown on screenshot, and VERY IMPORTANT that you must respond 'Y' back to allow text delivery system to deliver text to your phone without thinking it as spam .