http://www.stockrake.com

The Pink Line owns you.

So that is the daily picture and this is the map that I should have been following to a T. I’ve been sort of following it.

As far as trades go, I had to cover everything right on the open. Immediately they were all losers on the gap down. I rolled into some shorts, but foolishly scalped them instead of held them. They were majority winners, but nothing special. I didn’t want to over trade so I went and ate lunch – chicken wings – medium spicy.

Then near the close I felt compelled to buy based on indicators being oversold. It certainly feels a little like early October though where I got reamed on the bailout vote following oversoldness.

Those items were FXI, JASO, SOL, SSO, and DXO