Possible Trade - FXI

Mistake of this week

I twitted on Monday 9/12 when amzn was near 50MA (around 209) as a good buy with stop if close below 50MA.

Guess where it is today, only after 5 days....at $235.00. A huge 25.00 move. So disappointed......

Recap of 8/30/2011

Got stopped out in my JRCC trade with 7% profit.

BBY still in place. I bought that one yesterday at 25.48. Current stop standing at 24.88. About 2.5% stop loss.

Got stopped out of TNA at 46.22 and then it moved all the way to 50. It was frustrating. Hoping to comedown little as market is up almost 5% (at least RUT) in last two days.

Also could not do any more trading in IRA as i am out of day trades in that account.

In other account, bought AMZN sept calls at 8.00 and it went almost 12.00 but to minimize risk, i sold weekly of same strike price at 6:30 so will know in three days about weekly. Also will know if it was good move. I sold weekly when i had profit of 200, should have waited more for better price on selling calls but all part of learning.

Sold two LVS calls for 90% profit (2.80 to 5.30) in two days. Also it was good desion yesterday to sell GLD puts for 15 % profit. Gold was almost 3% up today. That would have erased all losses and have put me in loss.

Also got some TZA at 41.70. THis time i used buy on strength and didn't work well. Almost 4% down now. Hoping market is overbought and will get some pull back tomorrow to breakeven :)

I had also put note yesterday to buy both NFLX and VMW if goes above 200 MA, but didn't pull the trigeer and now NFLX is almost 5% up and VMW is about 2% up from that point.

Stocks to monitor tomorrow

Amzn closed above 50 MA. Buy on pullback with stop below 50 MA.

EQIX closed above 200 MA and should be a good buy around 200 MA with stop below 200MA.

ISRG, pullback to 50 MA should be good entry.

TSU breaking out to new high. Little puback is a good entry point with stop below 30.00