Sold:

DRYS calls @ 2.65 for a 47% gain overnight. I sold early, because this really is going to 80, but my indicators show very overbought, however, overbought is a sign of strength so its always a tug of what to do.

Dryshippers are going nuts today. EXM, TBSI, DRYS, GNK, DSX

Bought:

PBW - Clean energy wilderhill ETF. Solars are going nuts today and the PBW is an easy play for my IRA.

I also forgot to mention that I did go back in long yesterday at the close for the indexes. I tend to forget what I do on the day when I post very late like yesterday. I didn’t go heavy, but I did go in halfway. On the backs of INTC and JPM and some tame inflation data, the market is acting like we bottomed.

INTC is up 6 f’n percent! Its back on a buy and again, wish I didn’t sell it. Maybe now INTC will officially trend.

JOYG is looking good with new 52 w highs.

Yesterdays KOL (Coal etf) purchase is upping again 4% and near new highs.

Can’t forget about my precious CPST. New 52s to 2.83 up about 5%.

RUT up 4.8% this morning, and NDX up 4%. Very nice overnight trades that were not expected to yield this much. I held on though and the gains might not stick eod, but this price action is very good for a turn in the market. We need to hold above the 12500 level on the Dow30 and 700 level on the RUT.

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