Hi Gang,

Can you say up 40% this week! …:)))

Things are working slowly…but coming along at OBB  I want you to know we will have disqus forum for swing traders, and the chat room for more day traders.

We have a live feed for those active traders and I will post graphs trades on blog, so no worries! You will also be notified by email for each trade.

So no fear we will cover you all the way around!

We had a smoking week and everyone made so much $$$$$ come on over and you will love it

Hey gang,

I will be in the Traders Blog on OBB until further notice, not the chat part

I feel that we have not properly introduced everyone to OBB and I take full responsibility for it, so please, go easy on your lovely host! That said, I want to take a minute to introduce you to OBB and give a bit clearer picture of how we envision the future. To begin we have this pretty little picture:

Now that you’re probably more confused than before, let’s break OBB down. Our vision is OBB representing the key 3 fundamental aspects:

Education- this consists of the OBB Education Series, which will help beginners learn the basics and intermediate traders review. The series includes interactive quizzes to test your knowledge and an expanding series of homework assignments. We recommend this content for the “paint drying” days in the market.

Community- this circle represents the OBB Live! Trader’s Community. Our goal is to create the largest, most in-depth community of option traders from all corners of the world. We have taken the time to integrate many of the usual social networking aspects into this part of the site. It also features a Community Blog where any member can post their market charts, thoughts, or whatever else is on their mind (within reason of course).

Experience- The OBB Experience! platform essentially utilizes all of the qualities Anna brings to the table. This is a subscription-based area of the web site that will offer access to Anna’s new $10k portfolio, trade ideas, watch lists, etc. within her blog as well as access to Anna during market hours via live chat.
This service will cost $100/month and give you full access. However, until we have all the kinks worked out of the system and everything is running smooth the Anna has graciously agreed to keep her services free.

I hope this somewhat helps to clear up the confusion that I again take full responsibility for. If you have any questions, feel free to email me at info@optionsblackboard.com and I’ll get back to you as soon as possible.

UPDATE TO GO TO MY DIRECT BLOG GO TO OBB = OBB EXPERIENCE = ANNA’S TRADE BLOG

Gang I am so stoked about Optionsblackboard.com We have a groundbreaking site here, we are a social network, blog, chat, private time with Anna, that is going to rock the trading world. We are self contained so no disqus problems and lots of really cool features.

Register and get comfy and you will be so rocked!  My partner and I are soft launching Monday and everything will have come kinks the first few weeks so bear (no pun intended) with us. To register just click on my picture banner on RHS of page and there you go!

Hotoptionbabe.com will be up for a limited time, but soon will completely meld in with OBB, so you might as well get all warm and comfy there. There are some terrific old faces (old as in experience and smart) and some brand new ones to be part of the community. If you want a be in my private back room with me and make some crazy coin, we will have all kinds of one one help and a live trading account that will follow with me. Forex is coming too, but I will discussing that as well.

Ok off to work out some kinks, and we can really make some great $ next week, so get ready

Working on a new post for OBB on markets, commodities and Apple

Hey gang,

This won’t be a long post as I am totally spent today, trading blogging and phone calls, but I did call for Google short on Sunday and yes it worked out to be technically correct. I do expect Google and Bidu to lead down the NQ tomorrow along with another down day for equites.

The Dollar ended the day up again and I do expect the strength to continue for a while longer.

I am doing a soft launch of OBB live on Monday morning the sub will be free for 2 weeks, so you can get comfy. Now get this …NO DISQUS!!!  We have our own internal server so no more drops or slow connections YEAH That will not happen. It has several different kinds of communities. I just love it, will I be migrating there for the most part, yes, but I will keep abreast of things here, but  the live trades and outlooks will be there first.  I know you will love it as I do.

There is no charge to be on the community part. And the live trading will be free for the 2 weeks as I mentioned. So here’s to another great day and love to you all!

Hey gang

Another whippy day, but fun. We retraced a full 50% off of the lows of the day, so tomorrow will be up to GS pretty much and Google on Thursday.

Here is an iron Condor on Google I am looking at (this is for you Cuban Jim)

Looks like we are right where were,  just a bit lower for the week, now what? Well GS comes out before the bell tomorrow and my bet is they beat and gap but ultimately gain will fade. (like every other company has done so far)

Here is a chart why I bailed

They bounced right at double bottom and the RL low

Ebay is out and looks to be another pop and drop. So that would be good for NQ bears

Well I am ready for GS to announce but also looking for Google on Thursday and AMD

Hey Hobsters

Well as I wrote on Sunday I expected IBM to beat but sell off as INTC did. The stock is short term due for a retracement and I went full on short this afternoon just before the bell. FWIW I expect Google to perform the same way.  I expect a 23.6 to 38.2 retracement at the least. which shows up on the chart below.

Well we had a rally on a senate seat race that no one knows the results! WTF all I can say is rally on the rumor and even if it turns out to be true, sell on the news either way a win win for us.

Here is another stock to watch for this week. AMD, it is up from 3.00 to 9.00 from the March Lows.. earnings are out on Thursday AH, here is my gem to you and that’s to do a bearish spread or bull put spread on it. The I.V. is already too high to buy straight options unless you go deep in the money, but check the I.V as you don’t want to get a crush (at least on AMD)

I am still short EUR/USD  and expect further upside in the $DXY tomorrow. We retraced from the highs of today, but IMHO that is a healthy sign of further upside.

What will happen to the SPX, we now have a triple top at best the upside is just so limited and that’s why I cannot be a bull here, even with the market manipulation that goes on.  I will just have to pick stocks carefully and have small positions. I still have my FEB spy puts, but I cannot hold they beyond this week.

Good night to all

Hey Hobsters,

Ok first of all here is my opinion analysis thoughts on where we are and where we could be headed. I always say could, might, because to say I know for sure or without a doubt is just nonsense. No one knows for sure, all we can do is work with the latest data we have and make some educated decisions. I am a technical trader, but there are outside fundamentals that can change a stock or indexes direction.

First  all of let’s look @ the weekly S&P Cash. The Wave is about as extended as  I have ever seen! Typically Wave 3 is related to Wave 1 by on of a few ways. the most common mulitpliers are 1.618 and 2.618% and the wave we are in is extended by much more than that. Typically 75% only extended the 1.618 or 2.618.

As most of you know I felt that January 15th would be our turn date. not that we wont go up and down of course (corrective waves) but that the high for this wave has been seen.

If you notice the MACD is still overbought and check out the oscillator (one of my favorite indcators) there you see bearish divergence building. Now check out the RL in the chart, unreal! Also look where my software possbily shows us by end of 2010 beginning of 2011. Whoa, that surprised even me.

Now let’s look @ the daily SP Cash

According to EWT  this chart shows a retracement to 480 to 440, do I believe this nah, not right now the FED will not allow that this soon, I think. Now as I have told you anything is possible, but I really don’t think it’s likely. I just see a clear Bearish retracement in the making.

Now two of my favorite Stocks come out this week, IBM and Google. I will post a chart of Google  on the dailies. Everyone expects Google to blow out the earnings. Now that could be, but I have to hear the whisper number! Same as with IBM.

I will most likely do an iron condor on Google and a put spread on IBM.

Now I also mentioned to you guys about the $DXY opening up stronger this week, well so far so good i just picked up another 100 pips on the short AUD/USD position I held. (closed it) but will keep my short EUR as it hasn’t moved as much.

Here is my costume for a while….heheheh Good luck to all and yes I will be around allot tomorrow as I will be trading FX.

Until I post a new post for tomorrow Hobsters. I will quickly let you know that I feel we have begun a trend reversal. There are many different opinions, like you know what. But ultimately NO ONE knows till it’s over.  So anyone that tells you they know for sure, you must know that is impossible.

Now have fun and it’s gorgeous here in Florida. I have some EW charts to post tomorrow along with RL and again my thoughts for this week because there is just a ton of earnings coming out…IBM, GOOG, AMD ect a huge list and I have some beauts to choose from

Hey gang,

Well INTC reported and had good numbers, but almost looks to be a non event. We shall see tomorrow, but I believe the stock had the move or most of it priced it and I don’t expect it to do much if anything tomorrow.

We had a high on the SPX of 1150.41 another new high and another day in the green. My question is where is the volume. The bearish divergence is getting stronger and stronger and eventually you run out of buyers. The RSI as Pram is now interested in and a great indicator is 68.20 on the daily and 70 is considered to be where the sellers will come in. So I am watching for this signal.

I had a good day today being short POT SHLD GOOG (credit spread & BF) nothing to scream about but these days I am thrilled to eek out some profits.

JPM is reporting in a.m and that should give the market some cause to make a move, possibly one last gasp for romance? Next week  and the following week are  the weeks I am waiting for.  There are the most companies reporting then and we should have some juicy choices.

I have some great earnings plays for a few that I am quite comfy with.

The dollar ended the day low (again) after rallying up a bit earlier in the day. The Fed just sells the $DXY when the tape is starting to go lower. How long can they manipulate this tape, well as long has they have green ink.

Here is a chart on the SPYs these are the RL I expect to see tomorrow to begin with

The futs are flat as I finish this and makes me laugh when I saw the hype on INTC. I added a bearish spread on BIDU today as I expect the sellers to come in tomorrow after possibly an initial small pop Good night and good drinking!

Love Anna

UPDATE 1/14/10

here is a 30 minute chart on the dollar I am expecting the dollar to reverse today and go higher

It was lower when I was working on this now it has turned positive!!

Hey Hobsters!

Can you believe the volume on the tape this year? It is non-exsistent. So there in lies the biggest problem. The Fed is running the tape right along side the GS boys! I know I know we have heard this before, but it’s OPX this week, so this move today doesn’t suede me from my goals.  I am sticking with my game plan, my turn date has the January 15th for the next corrective Wave. Will I be right? I don’t know, but I will not miss the move. I have spreads to keep me from going too crazy but not on the SPY’s.

I am not going to go into a bunch of charts tonight, to tell you the truth I am not in the mood. There is so much crap happening all over the world and it sometimes just makes me nuts.

So here’s to wishing you each a good night and hopefully I feel more into this thing tomorrow. Nothing has changed for the moment.

I know with OPX it’s an unreliable week! Love to you all!

Anna