Overseas Shiphldg (OSG)

OSG Weekly Chart

Not a good start for this one. Bought put based on Tuesday break of the asymmetrical triangle. Additionally, the uptrend line also broken. But Overseas (OSG) has recovered back into the triangle. Maybe it is not a triangle after all. A rectangular?

Visa (V)

Visa Weekly Chart

Visa (V) has given me a sell signal. Looks like a rising flag has been broken. Support at 55. Bought put.

Las Vegas Sands (LVS)

LVS Weekly Chart

Las Vegas Sands (LVS) has broken its rising flag and a daily sell signal has been given. Supports: 39/30. Bought put for LVS.

Sector Indexes (20080905)

Looks like the financials are still holding up well.

USA	Longterm	Midterm	Shorterm
S&P500	Down	Down	Down (-)
DJI	Down	Down	Down (-)
NasdaqComp	Down	Down (-)	Down (-)
Natural Gas	Down	Down	Down (-)
Oil	Down	Down	Down (-)
SecurityBroker	Down	Down	Neutral
Bank	Down	Neutral	Neutral
Insurance	Down	Neutral	Neutral
Housing	Down	Neutral	Up
Shipping	Down	Down	Down (-)
Steel	Down	Down	Down
Retail	Down	Neutral	Up
Biotech	Up	Neutral (-)	Neutral
Airline	Down	Neutral	Up (+)

MGM Mirage (MGM)

MGM Weekly Chart

MGM Mirage (MGM) may be continuing the downtrend. I'm anticipating a drop after the rising flag has been broken. Thus, I have bought puts for MGM.

August 08 Performance

Simply terrible. I got everything wrong. Gone into negative performance for the month of August.

AKAM Put (2+): Just lucky that it got a big drop after I bought the put.

LULU Put (1+): Sold at the bottom area of the channel. 

GES Put (-): From positive to negative!

TK Put (+): Another lucky trade that got a big drop right after I enter.

GLW Call (---): Expired worthless!

CAT Call (---): Another expired worthless!

STLD Call (---): Another worthless.

It is a tough August for me. Hopefully September will be better.

Sector Indexes (20080829)

I think the election effect is kicking in. I can see some stabilization now.

USA	Longterm	Midterm	Shorterm
S&P500	Down	Down	Neutral
DJI	Down	Down	Neutral
NasdaqComp	Down	Neutral	Neutral
Natural Gas	Down	Down	Neutral (+)
Oil	Down	Down	Neutral (+)
SecurityBroker	Down	Down	Neutral (+)
Bank	Down	Neutral (+)	Neutral (+)
Insurance	Down	Neutral (+)	Neutral (+)
Housing	Down	Neutral	Up
Shipping	Down	Down	Neutral (+)
Steel	Down	Down	Down
Retail	Down	Neutral	Up
Biotech	Up	Up	Neutral
Airline	Down	Neutral	Neutral