Chart Fest, SPX Sets Up For A Nice Rangey Day Tomorrow

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April 22, 2009

Today I covered my index longs and of course I get filled at 10:45 due to Rydex’ oh so great pricing window. It turned out to be a great move as the NDX and RUT yielded 3% and 2.8%. I have no index position now and 100% cash there.

I still own my junk portfolio of CRIS, EVK, GMO, BLDP, SYNM, KLIC, SPPI

Additional holds are CRIS, CRIS, SBLK, DRYS, DRYS May 7.5′s (which were up 21% today and I didn’t take it.), TBSI, CSIQ, SPWRA

Sold WEN today due to boredom and SOL due to the sell signal. The daily chart doesn’t look as good as other solars, which my theory is that it will play catch up. SOL tends to have 10-20% moves regularly.




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  • http://www.stockrake.com StockRake

    Added SPWRA daily chart.

  • ken white

    ok

  • ken white

    ok