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We are finally getting the move I’ve been waiting for. Unfortunately its from a lower level than I anticipated it would start from. However, its possible because the move was exacerbated to the downside that we may see more of a stretch upwards than your typical bounce JUST so that things equalize. The VIX and VXN are still at high levels, but are exhibiting bigtime signals that they are both ready to drop.

I have not panicked out of my original longs from early October. I did sell out of stocks I held which I lost money on, but saved money when the market took out the 10-10 lows on the SPX, NDX, and RUT. Furthermore I’ve capitalized bigtime in between by trading certain stocks (which I’ve mentioned a billion times already).

Waiting on that rally still

What I’m looking for to happen

Is today worse than when we hit the lows

and most importantly when I posted the divergence of a lifetime chart note the date of the chart and what the market did over the last 3 days. Then check out the performance of the cheap stocks list since that date. MTL is up 116% in 3 days!!! I had that one on my mind when I went buying too. Arg!! That is pirate speak for shit!

Today was nice with huge gains in VLO, YGE, CSIQ, GNK!!, CALM, WLT, SSO, QLD, USD.

I was an idiot to sell those 2x etfs this morning regardless of the amazing two day profit. The market has more to rally even still and nobody will believe it.

I’m looking to put fresh capital back to work in new stocks. I’ll search and post them in the comments.

Did you see QCOR earnings report tonight? On a pullback I want back in or if higher highs get taken out. QCOR does have some negative divergences brewing and is the reason why I sold out and want to see how it acts.

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