10.31.08
Posted in Uncategorized at 7:47 am by Razor Trader
7:46am
…Friday…and the last trading day of the month…I’ll say it again..todays close is very big…it will be referenced all November long…not as big as the quarter close, but in this market, it is big…Fridasy is also a much more flexible than a Monday or Tuesday…last day of my pneumonia medicine, don’t exactly feel healed, but I hope the next few days bring that…and I want to open each day with a prayer to my Lord for my wifes Mom…Lord, may You heal her body and bring strength to her Spirit…
7:54am
…on to the markets…
11:18am
…DOW +83…lets see what 1 hour from now looks like…this market DOES NOT want a big finish higher today…the close today will be a benchmark for next month…todays action will do what it wants, but higher today will hurt next week…but a day trade today would sure be nice…I just don’t see it…
11:31am
…DOW +90 …this is a great time to watch the markets reaction…the RAZOR setups are already zero for the day…the markets are making very difficult highs at this hour…they will be hard to hold…and this market has been a seller when the market is up…it is early enough in the day to make a great trade down, BUT, is that still the trade…i know the market looks strong, but lets watch…DOW +95…
11:34am
…like I said, the RAZOR DAy Trade list is already dead…list: zero
11:56am
…today may be a fiscal end of the year for mutual funds, but performance wise, it is just end of the month…the funds still use year end performance numbers….I wonder when we see some of the bloated mutual fund families merge or disappear..i know you will see bad performing funds just vanish, and not be included in the historic performance numbers…by the hundreds every year, bad performers just vanish, and take there terrible record away forever..it is basically a scam…take away the bad and show how well a family of funds makes you money…
12:16pm
…RAZOR Trading is actually looking for an S&P short for the day…BUT, whether or not the market gives a good setup remains to be seen…just because I think we could sell off, does not mean the market will give me a good risk/reward setup…the TIME of day is a big deal for RAZOR Trading…I don’t want the short for the whole day, no way, could be wrong, so, i want to shorten the trading day by taking on a bet later in the day…will the market wait for me, we shall see…after lunch around 1:00pm ish…we wait…DOW +52…
1:14pm
…DOW +100 …this would be the time of day I would look into the short…new highs from hear though would not want to be shorted, I’ll keep watching..
1:20pm
…DOW +124…a new high after 1:30pm would not be one I’d want to short …
1:24pm
…DOW +200…5 more minutes of this and …obvious no selly…but this is why I wait…
1:38pm
..DOW +220…good luck longs…
5:30pm
…DOW +144 on the close…no trade either way kicked it…I may be trying to day trade the S&P when clear trades present themselves…but man, Monday is next up…NOVEMBER is here…I would not put any faith in Monday. How the week opens is huge…see you then…
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10.30.08
Posted in Uncategorized at 9:28 am by Razor Trader
9:27am
…go….odd how that 2nd day close could not do it for the DOW and S&P …Nasdaq got 2 in a row…2 days left in the month!
10:54am
…DOW +124….S&P +16…both down form the open , but still hanging on to big numbers…
…tough day for our family yesterday…my wife’s Mom had a real bad cancer diagnosis, stage 4 and spreading…bad stuff….
10:56am
…market is doing well today, but being this far below the open isn’t usually very cool…especially with a gap open on the S&P at 930…currently 946…that will be a target for selling…but every :30 minutes we stay positive is good…stay good through 12:00pm and we really have something…
11:02am
…here is an early look…the S&P @ 950…CAN NOT get below 939…above that is all cool…
11:36am
…S&P 936…going to 930 gap open….but, stay positive until NOON and it may not matter…
11:54am
…done…S&P fell from 939 straight to 928, filled open gap, but at 11:55am might be OK if we snap right back to 940, now!
11:59am
…little snap back at 933, but 12:00 Noon is a great time for break-UP…it is no the time to break-DOWN…and that is what we are doing…the market has spent a lot of the day in the green already, basically laid the ground work, so a neutral day, not possible lately, actually seems in the wroks…kinda crazy that any day would finish where it starts, but the market is sending that kinda signal…S&P 935…
12:06pm
…RAZOR TRADING has been spending a lot of effort and time in getting ready for this November stock shopping spree…with ETF’s, and stocks, a number of great looking stocks, have been grouped together…overlap is real important to watch, so the long list has shrunk to around 5-10 plays with represent the good stocks fairly well …1 trading day left this month, then November, then the confirmation, then the positions go in..RAZOR Trading is funding a whole other fund just for this project…it will equal the day trading fund, but only be used for holding postitions…day trading, just for day trading…with this opportunity, as much $$ that can be raised is being used…all in, or half in, if you count the day trading…either way, this is a Huge project and risk for RAZOR TRADING…the reward can be talked about when it comes…for now, all that matters is the risk…
…whenI’m in, you’ll be the first to know…now, lets see what today offers…
12:32pm
…DOw +80…not many trading days this month…today has to be considered one, right now!…working my list hard:
1:30pm
…not looking good for the RAZOR filter…nothing coming thru…1 stock left, but it needs big help soon… DOW +93…S&P at 942…again, lots of green is supporting this market, but RAZOR filters shown not stocks…that leads me to flat for the day kinda thinking…but hoping for more…
1:42pm
…my last stock just fell out…DOW +100 …S&P +12 at 942 …I’m out…
1:43pm
…kinda like Poker, not many good hands lately, I just keep folding…
…I ad a stock Tee d up Tuesday, T, it just barely missed the setup…when i miss a move, the stock usually comes back soon after, T is at 26.73 today…I’ll watch it the rest of the week to see how the market is reacting inside…
2:18pm
…bidD…do mean you picked up UYG’s…?
2:27pm
…DOW +211, but I think it is like a swimmer who has not taken a breath since 12:30pm…
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10.28.08
Posted in Uncategorized at 8:12 pm by Razor Trader
7:55pm
…bigD commentator beat me to the punch on todays action and tomorrows…2 days in a row has been elusive…and everyone will be looking to confirm a move…today’s DOW +890, lets just say 900 point surge, was great, but its true value is in the weeks ahead…in order to have more great days that matter, you need previous days to use in comparision…I’ll refer back to that in the weeks to come…bigD hit it hard and great gains with the UYG…it is also nice to know we have a live market…
…the lows of today are almost too close for RAZOR…I am not looking to jump in at the bottom…my entry strategy won’t work like that…I am looking for something a little different…but putting in a bottom is totally cool…the S&P never did pierce the 10-10-08 low …came up right next to it , remember at 10:59am, see todays blog,…kinda like seeing a shark up close, I was right there!…my greatest iterest will be Fridays monthly close…but even though my trade fell flat, it was great to get some live game action…and it is cool to think how many millions of investors around the world are a little more hopeful and richer after today…I read some cool stuff on Hong Kong population…like 15% are millionaires, or were, and each person seems very linked to their stock market…
…T Boone Pickens, kinda forgot about him, he’s gotten hammered, check out this article… more in the morning, sleep better…
9:25am
…on your mark, get set…..
9:41am
….go?…my blog site is having trouble right now, updates are taking forever…lets see how things unfold for a while…2:00pm Fed will still alter the trading day pace, so don’t forget that diddy…back in a …
11:44am
…not a big fan of the one or the other days…little up little down…the big up days have been up from the start…today does not have that advantage…this markt will move sharply before the Fed at 2:00pm…DOW +1 …right now…
1:14pm
…kinda taking a step back today health wise…little extra rest needed…but I’ll be ready for the next hour…I think today is really a big deal…the market will be speaking about yesterday’s rally with actions today and tomorrow…listen…
1:36pm
..0 stocks on the RAZOR DAY TRADING list: started with 3 a few minutes ago…now none…i have to go back in…
1:37pm
…DOW +140…this would be the sharp move…
1:42pm
…zero stocks on my list: terrible…from a selfish perspective I gotta say this market doesn’t hold up…that is what my list says at least…a lot of good looking stocks have already stretched the day already… market looks strong, looks can be deceiving, I guess….hope you are lining up some winners…
1:45pm
…:30 minutes to Fed time…
2:18pm
…Fed idiots wait 3 extra minutes again….
4:04pm
…the market spoke…now…what did it say? DOW -70 or so at the close…down -300 in the last :15 minutes…
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10.27.08
Posted in Uncategorized at 9:59 pm by Razor Trader
9:41pm MONDAY night…
…the Japanese Nikkei is falling into the 6 thousands…that blows my mind…that is around DOW equal of 2,800…China one year ago this month was at 5,900…tonight down another 7% @ 1,732…5,900 vs. 1,732…Hong Kong one year ago today…30,500 vs. 11,015 today…no one living has ever seen this kinda stuff…the only place to look at is 1929…remember just weeks ago, the line was “this is like 1987″…I was pretty strong against that kind of talk…nothing like 1987…that year never even made it below 1986…
…any hoot, here we are…RAZOR TRADING has kept more marbles safe than most…I want to play…of course anyone holding stocks is looking for a huge rally…that rally is no gimme yet, and even if entry comes, having a stop in case your wrong is absolutely essential to keeping your marbles safe and plentiful..being wrong on a rally is a strong possibility…I’m shocked how long a lot of these pros have been waiting for this out of the box sell off, close low, start next day low, and then rally…many have been holding and waiting for that setup for thousands of points…they can have it…..not much else to ramble about…Tuesday …I’ll look for the exception early in the morning…sleep tight
8:38am
…who is up for a up day trading day?…a big gap open would be a great start… bigD, Dave, how is Libby?.be back soon, car pool….
9:22am
…no whistling going on…boredom, yes, but with lots of market work…I NEED TO MAKE MONEY DOING THIS..if not this glorious experiment is in doubt…few happy feelings from where I am now…Monica only knows what making more money means…that is fine, I ABSOLUTELY NEED TO BE MAKING…November is the best chance we have had in a long time!…
9:49am
…real good stuff to start this Tuesday morning…DOW +280 …great EXCEPTION possibilities…me likey….
10:11am
…DOW slipped to +188…but that is OK…lots of room to rome up and down without running into trouble this morning…get us to lunch and we really have something…
10:30am
…take a look at what is going on in Germany with Volkswagon,, now the highest market cap company in the world…what a freaky story…HUGE short squeeze sends these shares from 200 to 1000 at one points, now 850 or so…let me find the story for you…
here is one… VW rules the world…
10:58am
…terrible…DOW is +50…but if this 10:59am low doesn’t leak past 11:00am, unlikely, this day is still alive…1 minutes in …survived….
11:05am
…5 minutes of survival DOW +90…trading day still alive…11:31am…DOW +120…keep it going…
11:52am
…DOW +135 S&P +10…Tuesday special?…the S&P actually looks pretty poor…this market need S&P at and above 874 to get it going today…currently 859…get GOING!!!
…a list is ready with 3 names, but much work needs to be done with today’s action….
12:51pm
…DOW +222 S&P +19 at 866…keep going…….874 is not a destination it is a necessity….
…remember, the news and headlines and terrible economic things DO NOT MATTER…the market will surprise you how little these things mean if it wants to go up…good financial times do not equal a strong stock either…just ask GE…the S&P needs to keep moving!…864 will not cut it!!!
12:59pm
…S&P 867…GO.. GO …GO…GO…chug…chug…chug…chug…!!!!
1:13pm
…all right, S&P at 874…but its not party time yet, the market needs to play around in this area or a little higher for a while …
1:16pm
..my list is real short and strange…if it survives, I’ll bring it in :30 minutes..
1:26pm
…NO NO NO NO !!!!!! S&P falling to 869…today is a fine line …can not get below 866 and expect good things…NO NO !!!!…back to 874……..you scum bag of an index!!
1:44pm
…dark days my friends…dark days…..
2:27pm
…DOW +315…this is what I was looking for :45minutes ago…my list is now dead…the S&P has rallied to 378, but I don’t have any plays left…good luck to you!…the S&P and I could have made sweet music together, what a waste….
2:53pm
…my stock was T …but even regular RAZOR FILTERS took it out just before 2:00pm…but rally HOOO…
2:58pm
…my stock T was setup then just didn’t have the buying at key times, i will see if that turns out to matter…just my own notes on this stock mostly…25.80 just couldn’t find a bid around 1:30-2:00pm …it sure has one now…DOW +474 S&P 896…I knew the S&P wouldn’t fit in my box with its setup…but T had such potential…and at 26.74 it is showing it…
3:29pm
…DOW +600…busy trading 1000 shares …
3:51pm
…that was intense! still going DOW +720…tried to run away with T once, made a quick 25 cents, but pull back to entry was quick, so I got out right away, but had my finger ready to go many times until 3:53pm, then i stopped, but it was great to have a strong pushing market….
…trade:…not really a RAZOR TRADE, but I wanted in…buy 1000 T @ 27.00 @ 3:21pm…sold 1000 T @ 26.99 @ 3:26pm…exciting to have a market like this…wish it had started a few minutes earlier…
3:58pm
…squeeeze those shorts!!!
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10.26.08
Posted in Uncategorized at 2:11 pm by Razor Trader
1:40 PM SUNDAY!
…today’s blog entry will need an early start…it is a big one…I won’t spend long describing the RAZOR TRADING trading positions…day trades-open every day for possible trades…long term trades—shut down in May—not once since May 2008 has RAZOR bought or held any stocks, even overnight…not many weeks go by without that disclosure…
…that strategy was never for a specified period beyond a quarter….that is about to change…why? the market is down=no…it has been terrible all year…the answer lies in October 2008…the change will confirm in November….1 slight confirmation will unlock stock buys across all the approx. $500k of cash equivalents RAZOR manages…the markets will never be the same!
…what will RAZOR be buying…that spans across a list of 3 different asset classes, 1 being equities–which includes only about 20 stocks…
…what are the specifics?…read each day to find out…when I make a purchase, you’ll know…I wish RAZOR TRADING could capitalize and monetize my information, which I may do, but in the coming weeks, when I buy it, you’ll be the first to know…
…RAZOR TRADING has spent countless thousands of hours before, during and after the markets are open the past 15 years…I work really hard coming up with strategies, and decisions….SO YOU CANT HAVE THEM!!! ..maybe I’m a little grouchy with the sickness and all…..
9:41am…Monday morning…
…a new month is a coming!…and what a month October has been…just in case days or weeks or months don’t play into your strategies overall, October’s reputation this month has outdone itself!…and that performance will lead us out of this dark well of a market…tis a month to remember, and reward…but it still has a whole week left….
11:19am
…side note as the DOW is +22…Monday is a terrbile trading day…no exception today…I wouldn’t trust Monday with…, (can’t think of anything)…HEH, I still have pneumonia..cough, cough…..let me take a look at today’s action a little more closely…
12:24pm
…hard to believe that selling continues…last month at this time the DOW was at 11,100…8433 this morning…11,000, not 10,000…man…when this month failed in the first week, who would have thought the failure would be so dramatic…all i knew is that I wanted nothing to do with stocks…
12:28pm
…stock list is once again zero: no surprise…to RAZOR TRADING…November is coming…this might be bigger than High School Musical 3, or HSM3 to those in the know…can’t wait….
1:29pm
…bigD is in now for the big momma…what you trading today bigD? …bigD is trading oil market…ultra shares DIG …
1:45pm
…bigD is trading the oil markets
2:00pm
…here something strange…C. citibank is at 12.11…remember when they talked about Citi all the time, no more, and the stock is in the dirt
…bigD has made his move:
Well you can wait for November but Big D has jumped in front of the Jaw Dropping Rally which is ready to explode NOW.I put it out there last Thursday to my web of jittery investors,get in by Tuesday close.We may have one more move lower but that will be it and by Wednesday morning 9.00 am i suggest if you’re not in you will miss the Jaw Dropping Rally.Be careful though as it could be starting now.
As for today I’m in for nice day trade on big move one way or other.
…bring your insight and comments to RAZOR and you may be a star like our favorite bigD …
3:31
…bigD comments today make a point…everyone is looking, mostly hoping for a big recovery in stocks…put RAZOR’s strategy is a not just jumping in and saying we are due…that ain’t it…keep in mind this big point…the big entry in November still requires a large RAZOR Strategy piece to this puzzle…if November can not bring this confirmation, known only to RAZOR TRADING, it ain’t happening…
4:00pm
…DOW -200…once again, mess with Monday, w/o THE RAZOR exception, at your own peril… see ya tomorrow, or later tonight…
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