TinGull

Also sold a put spread on SPY and QQQQ into the close today. Sold 150/149 Put Spread for credit of 22 cents. Be a 21% ROI after commissions. I sold on the higher volume hammer happening at support of lows of the day: Sold 52/51 Put Spread on the Qs for a 26 cent credit. 27% ROI there. Sold this on the hammer at the bottom of a triangle forming. Really nice pattern there. If the opening futures action is any indication of tomorrows action....things will be good for these. Granted, they're NOV spreads and I sitll have a ways to go on them, but if I end up seeing 18-20% return on them I'll consider buying them back.

nice. I went through 5 malai kofta recipes before I found the one that was most like my indian restaurant that I fell in love with back in Indiana. This is just an amazing recipe.

Malai Kofta: For the Curry Sauce: 3 Tablespoons Oil (I use ghee) 6 cloves garlic finely chopped 1 medium onion cut in quarters and sliced very thin 2 teaspoon paprika 1/2-2 teaspoon chile powder 3 teaspoon cumin powder 1 1/2 teaspoon turmeric 2 teaspoon salt 1 1/2 teaspoon garam masala 4 medium tomatoes finely chopped 1 cup water 3/4 cup heavy cream ••• For Paneer Cheese ••• 1/2 gallon whole milk 1/3 cup white vinegar ••• For Koftas ••• 3 medium potatoes 3 slices of white bread (stale) processed into bread crumbs (I think its about a 1/2 cup of bread crumbs) 1 teaspoon salt 2 teaspoons dried pomegranate seed 1 1/2 teaspoon ajwain seed 1 teaspoon chile flakes 1 tablespoon finely chopped fresh chile 1/4 cup loosely packed cilantro oil for deep frying • Heat ghee in 6-8 quart sauce pot and hat garlic to saute for 10 seconds. Add onion and saute over medium heat stirring every minute or so until translucent. • Add all the spices (EXCEPT garam masala) and salt and saute for about 3-5 minutes. Add tomatoes and stir and saute for another 3-5 minutes. Transfer to a food processor (or hand blender in the sauce pot) and grind up smooth. Transfer mix back to the pot and, add 1 cup of water and simmer on medium/low heat for about 45 minutes. You'll see a sheen of oil on the top. Check every 5 minutes to make sure the sauce isn't sticking to the bottom of the pot. After the sauce has thickened to the consistency of heavy cream, remove from the heat and add the cream and mix. Sprinkle the garam masala on top. ••• To make paneer cheese for the koftas ••• • In saucepan, bring milk to a boil. Stir in the vinegar and turn off the heat. Let it cool as the milk curdles. After 20 minutes strain through cheesecloth and squeeze off excess moisture by twisting and wringing the cloth around the curds. Place a heavy object on top of the cheesecloth to squeeze out remaining moisture. Let that sit for 40 minutes under pressure. Remove and you've got paneer! ••• To make koftas ••• * Boil potatoes; when cooked, cool peel and mash. Add crumbled paneer, breadcrumbs, salt, spices and cilantro. • Divide mixture into 24 balls, deep fry 3-5 at a time with oil at about 380 degrees. Cook until browned. • Serve kofta balls with curry sauce over rice. YUM!

I've got a KILLER recipe for Malai Kofta...it's gonna be a bitch to write up, but totally worth it if you guys like to cook indian. Gimme a little while to type it in and cook away.

SIMO is sittin pretty at 1.35 now, 47 cents profit so far on the trade per contract.

Ive still got an alert set to wake me up if it goes over 50. I still stand on my original thoughts regarding the trade of going long a break above the box formed from 40 to 50.

and TIE on a 5min. Speaking of real time VSA signals...where do we think this will go?

Cool. I've got ways that volume really works in my crazy brain, so I definitely put it to use. Love seeing these threads tho. But damn, those contracts trade pretty rich per tick, don't they

Yea, I don't see anything until 7.30-7.50 area for any type of support if that gets broken.

You do bring up a good point.........

Sure, I understand your point that it's "easier" for a 1 dollar stock to double than it is for a 100 dollar stock to double. No question about that. How often does that doubling happen in a dollar stock for every time it happens in a higher priced stock I have no clue. I tend to look for stocks in the 20-50 dollar range, tho small priced ones like JAVA and JADE interest me. Watching JAVA right now on a 2 hour chart: If a low priced stock has a deep options market, even the better

Walter...that failed breakdown/breakout I wouldn't classify as high risk...I think it's a real low risk setup. You've got a nice area for a stop placement and when people see a failed pattern, those who got short are gonna have to cover and fuel a rally (in that particular trade's case). That's one of my most favorite setups to play.

thats interesting. I think I'd feel lost without volume, but knowing what candles to watch for and where is certainly a fantastic way to go about it.

Ive certainly been watching this one. Interesting the strength so far in the stock on an otherwise crappy day for the major markets. Volume will tell me at the end of the day, too. I wish I could just use candles like you, but I somehow gotta see volume all the time.

where did you want it posted?

Do you ever take any volume information into account when you're making these trades? Or is it just purely candle information?

Searching thru some charts and found this pretty one...

In my left back pocket!

Ahhh...bread. That's my specialty. I love baking more than cooking, really.

IN a newsletter I get every morning, the fellow who writes it had this to say about this very topic 1 week ago today... Example 1: You decide to buy 2,000 shares of an ETF that is priced at just $15 per share. Excluding commission, it would cost you $30,000. If that ETF moves up 4% in value, your gain will be 60 cents per share, making the new price of the ETF $15.60. $15.60 per share times 2,000 shares now gives you a total value of $31,200. This equates to a net gain of $1,200 on a capital investment of $30,000. Example 2: You buy a higher priced ETF, but since you are limited to $30,000 in capital, you can only buy a limited number of shares. The ETF you want to buy costs $150 per share. Therefore, you are only able to buy 200 shares of this stock So, you buy your 200 shares, and the ETF subsequently moves up 4% in value (same as the previous example). A 4% appreciation gives you a net gain of $6 per share, which now prices the ETF at $156 per share. $156 per share times 200 shares gives a total value of $31,200. Therefore, your overall net profit is $1,200 on capital of $30,000. As you can see from the above examples, when an ETF moves up or down by any given percentage, your profit potential is not affected by the number of shares owned. A 4% gain is the same profit whether the ETF is cheap or expensive. Expensive ETFs will proportionately move more points than lower priced issues, but when you look at the gains in terms of percentages, the end results are the same. Obviously, there is nothing wrong with buying ETFs that are inexpensive and meet all the other criteria, but just make sure not to limit yourself. If your capital is limited, you may indeed feel kind of silly buying only a small number of shares at times. I sure did. But the bottom line is the same. We'll conclude this point with a reminder that higher priced ETFs and stocks are expensive for a reason. They are the leaders of the market because institutions are buying them! Conversely, cheap stocks and ETFs are that way because they're not in demand. Always buy the leaders, not the laggards. --From Deron Wagner of Morpheus Trading Group (I'm not compensated in any way by this guy, just a fan)

I'm not in it...the IV is sitting too high for me to want to get in on a single leg position, and the calls weren't giving me enough premium to collect much of a credit for the risk exposure...so I sat tight on it.

Hey BluRay, I usually check allrecipes.com because there's lots of user ratings. Outside of that...I use google. If theres something I want to make that I've never made before, I always use the word "ultimate" in front of whatever it is I wanna make. Like "ultimate scones recipe" or "ultimate brownie recipe".

HA!! Just leading you to where the good life is My life's always been all about food, so that's where I'm naturally drawn. In fact, I may be a cooking tutor at a local high school here soon.

I dont have access to futures data anymore, so I don't know what price did. If you want to place a short, watch for the next bear flag to form and short a lower high in the flag channel

Thats not the Formula 401 flavor is it?