I’m still short (heavy since 8-14-10 close). Today I panicked a little bit and closed out my FXP, FAZ, and EDZ with the morning pop. I also sold VXX as well, but I didn’t tweet it. Losses were all small in FAZ, VXX, and some EDZ positions that were bought late Friday. However, I had [...]

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When I posted last Friday, that the market is oversold and I don’t care, I should’ve cared. It would have been a lot better for me to have waited that one day for a relief of those indications to place my shorts. However, I didn’t. Today the market acted correctly though. Since we are now [...]

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I know the title of this post sounds like a children’s story that comes with a flask of Jim Beam and a prosthetic hip, but I have a point. Eddie Van Halen is known for his great guitar skills and ability for creating and inventing new ways to play sounds on the electric guitar. EVH [...]

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First this last swing turned into a loss over the course of the final 3-4 days. In the neighborhood of 9%+. The 7 stocks I bought last week were also losers, not sure the amount, but it wasn’t tremendous. Currently some of the market indexes are oversold a touch on the daily charts, like the [...]

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Just a refresher of some of my posts over the past few weeks: From 7-7-2010 “While everyone thinks we have bottomed, I think we sell off again. Probabilities, based on the charts, say we will make new lows and we will give back today’s candle. It should happen within a week or two. Depending on [...]

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Still long. Maybe if the market continues to sell and this swing trade is a bust. However, its also possible that today was the low or tomorrow will be the low or trough of this part of the swing. Market still in no mans land, but as long as I have a swing long I’m [...]

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I’m still long the 2x funds NDX, RUT, SPX quite heavily. I’m also long TNA, SEED, and SEED calls as well. I did sell my WLT calls today that were purchased near the close on Friday and took down around 16% gain. I bought this morning per one of quantitative strategies: ACPW WSTL SSN EGHT [...]

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