Took profit on AMZN

Bought Bull PUT option on AMZN last monday by seeing annual pattern of Black Friday shopping rally, indeed it go my way and hit the 200SMA, never wrong by taking profit early.

Counting down of Fiscal Cliff

Market start to count down for Fiscal Cliff, i bet Republican and Obama will do everything & anything to prevent it happen.

Oversold or continue weakness

Overall Market has been weak, NYSE BPI start flip to "o", a bear indication. But seeing overall market has been oversold, some counter in oversold region. close look at Ezion and Sem mar seem will bounce in short term, tighten stop will be needed.

YOMA form bull flag

YOMA has formed bull flag and volume seems stay on high side. Adding position now or wait for US President Election result ? small position should be good.

Cut lose aka 止亏

It take a true courage to cut lose, especially 3 time in a row. When i look back,  i feel happy about it, coz i have break through my own psychology and to preserve my capital. Prudent and cautious money management needed in future. APPLE, i will study you more ..

Living in denial can kill

That's it, 2 months profit wipe out by APPLE, learn my lesson on straight call on APPLE without tighten stop and trust it will be rebounce on 200SMA, today after lunch it penetrate the support line and overall market also gone into sell down without any valid reason. I guess that the psychology of the market which expectation on economy news are high and though the results was good, but market reaction follow the other way round. I have been warn by bearish technology P&F charts but yet stubbornly stick on bullish sentiment on APPLE. $1510 fees for this lesson learnt, and i will not make the same mistake again. Going to crave this in my heart, my mind, my soul ...