Market Holding Up, Watch The Lagging Stocks They Are Breaking Out

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November 17, 2009

So after being a putz a week ago, I’ve gotten back on board the long trade. I mean that is what my signals have been saying since March anyways. Last week I jumped in early thinking things were changing…and they were, but it wasn’t definite. I assumed a change would occur and got in front of it. Bad move. Ok so I got long Monday morning and added yesterday at the close. I also bought some things yesterday and today.
spx

I’m long the 2x RUT, NDX, SPX index funds.

I went long KFT calls yesterday and sold today for 10%.
I got into GRO based on the charts I posted yesterday and as usual my own custom indicators.
I bought XOM calls yesterday as well.

Today I got into DE Jan 50 calls and here is why.
de-d
de-w

Got me some ROYL today. I love the consolidation at the 50w ma.
royl
royl-d

MBI I bought it this morning. Unfortunately I bought near the high due to seeing it late in the morning. My motto though is “I don’t care.” If its on a buy, buy it. If its on a sell, sell it.
mbi

Got this in case market was cracking, it didn’t.
edz

Could I have gotten POT today? Yes. Could I have gotten in under 100? Yes. However, I didn’t. On a pullback I’ll be interested.
pot2




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