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I went into the longs heavily this morning and markets continued higher all day closing at the highs. For a very very brief moment in time after the market gapped higher the NDX went and filled its gap and went negative for a few ticks then it was off to the races. I saw this action as very bullish and I noted it yesterday in the post that yesterdays price action was bullish as well.

I hope you weren’t short going into today and if you were I’d like to hear why.

Today netted 3.4% for NDX and 5.2% for RUT. Very nice. Of course the morning purchases didn’t get the full frontal, but light long held from yesterday did. The fresh buys probably picked up about 3% in the RUT and 1%+ in the NDX.

I mentioned earlier today about a scalp trade in ANAD. I’m testing a new scalp strat out and this trade was good for 2%.

CROX did not move today. I’ve had several opportunities to get out of my options with 20-30% gain and didn’t take it. I wish I did though. The charts still say a break of the recent 2 day highs is coming.

I sold all of my CPST today and rebought ABAT. I think I forgot to post that I sold it a few days ago.

I sold my UWM position as well getting over 4%.

I’m still long, but I sold most of my index positions into this move to protect profits.

Tomorrow does look like a setup for more upside.

BTW did you see JOYG today? Damn……

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