What I’m doing now is creating a morning post and then just commenting under that post all my trades for the day. Its kind of like twittering my own posts. I’m finding it easier to do it this way.
Today was a flat market, but I was out trading like a banshee raking in gains. This [...]

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I sold DRYS capturing I think, 36% gain, not sure, will figure it out later.
Bought AIG, SCA, UYG, and CLF testing a new intraday thing.

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I posted earlier that I bought QLD, UYG, and UWM. It turned out to be near the exact bottom of the day - sweet.
Bought QLD @ 29.17 | Sold @ 33.96 gain of 16.4%
Bought UWM @ 21.88 and @ 22.71 Still holding
Bought UYG @ 9.29 | Sold @ 10.39 gain of 12%
I held onto UWM [...]

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Well sort of. I’m long from October 3rd in the leveraged mutual funds which has been well documented already, and today was a part of the massive comeback that I knew was coming. Eventually this trade will become profitable and I’m guessing by this Friday’s close or the next or the next one after that [...]

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In UYG @ 9.81
Those fresh UWM and QLD purchases are kicking arse today.

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TMA, RDN, ABK, PMI, FNM, CORS, FRE, WB, FMD, MBI, RF, MS (if the deal goes through).
This list is either mortgage related other financially related POS stock.
Next will be a list of stocks with ridiculously LOW PE’s with excellent growth prospects that could equally have unreal 1 day returns if and when the market decides [...]

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Well it was nice knowing you Wachovia. I’ve been banking with First Union for about 6 years before Wachovia took them over. My first serious bank account was with them going back to college. Wachovia screwed themselves with the purchase of Golden West “Toxic Paper” Financial. They blew themselves up with that transaction.
Thanks for the [...]

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What else can The Fed save?
The Fed Solves Global Warming
The Fed Blows Up Incoming Meteor
The Fed Lands On Mars
The Fed Stops An Erupting Volcano
If anything happens in this world at anytime, anywhere, anyplace, The Fed will save us or should I say, the taxpayers will take the burden. If the world blows up, the citizens [...]

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My head like every trader’s head is still reeling from the moves we have had every day this week. Today I saw the largest range and largest one day move in terms of points in the RUT ever to have occurred - it may be in percentage too, but I’m not going to go research [...]

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Out @ 144 for a quick 3.6%.
I may consider a LONG trade into a washout today.

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Bought SKF @ 138.94 as the movement started for a day trade.

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Goldman Sachs is right now trading @ 106.8 and Fast Money’s Joe Terranova is puking on his shoes because he bought it up around where I posted this chart back on August 14th giving you the heads up. Joe and any other GS lover who got fleeced into thinking they are the golden lamb of [...]

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My ABX calls are up 62% right now from yesterday’s buy and I bought some DGP as well.
Gold was mentioned as a potential buy here and here.
I said it last night…market is coming back to reality this morning.
I was heavy short which means every investable penny I have was positioned short. I reduced that exposure [...]

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Ok so I’m biased and feeling a hair nervous being short…heavily short, but I’m right. I made great trades this morning covering nearly every short I had on the gap down (read the recap) before the melt up. However, I went heavily short at the close - shorting the strength - shorting the closing highs. [...]

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