The SPX hit 1000. Yahoo! People are going to short this right here. We had doji days twice last week at the top and then today we “just” made it to 1k. I think we have a blow off up to 1035.28-1038.06-1039.32. We have just reached the last level before what I would call an air pocket. There is nothing that stands between here and there, if the market doesn’t top right at 1000.

I went long this morning and added more long the indexes in the afternoon. On a daily basis this trade seems wrong as we could start a mini pullback here, but I’m not playing that move, I’m playing for higher highs.

I sold PMI for a 12% gain today, BZ for a 12% gain and kept a second portion, then rebought back PMI. Bought CPSL today.

I still have these stocks which are doing relatively well, but sold PWAV due to a stop out.

Thanks for reading

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