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I still don’t have a reason to short, so I’m long – in a reduced fashion. However, I own my T, VZ, and MOT calls – at this point I wish these were call spreads. Also long the other random stocks mentioned. ANN, JCG, for short term plays. Bought today EGLE, RFMD for short term …

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The market had a major break today. Some things broke while other things are close. I’m looking for a bounce next week and will look for shorting opportunities after that. Still waiting on the telecom bounce in VZ, T, MOT. Charts show a few trades I made today. Some winners, some losers. Not bad for …

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Right on the open I noticed PG catching some green and that was my cue. Now its weird right, who cares about PG. Whats the big deal? Well I’ve been scouting it as an oversold play and I planned on buying calls today, but it started moving before I could get a position on. I …

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First, still long the indexes. I’m waiting for a reason not to be in that position. Minor hit today. I expected a move in the first part of this week that would allow me to get out, but after the Alcoa news it seems it will come at options expiration instead. I started out the …

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In the next 1-3 days there will be enough movement in the market to cause a reason to take profits. This is where the index longs will payoff and where I will be cutting back. Gained back about 1.2% in the RUT 2x. LEN overnight calls were great today with 85% and 64% gains in …

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