I sold SOLF. I can’t wait around anymore. Took a 9% loss overnight. That bites, but its time to move on. Its definitely a value stock, and one if I wasn’t so “want gains now” minded I would hold on, but then I wouldn’t have any capability to buy crap that is actually moving. As [...]

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Cashed in the CPSL trade today. Normally I’d keep this sucker running, but apparently its a trader’s market now. You are probably hearing it all over the place. Take the gains while you got em. However, this type of market is likely to break into a trending market sometime soon. At least thats my bet. [...]

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In @ 5.2, has since moved 7 pennies.
Part of the biotech sector uptrend, nice daily breakout happening today.

I contemplated between adding to CALM or buying QCOR, and since CALM is acting $hitty, this is where I went. adding to sectors that are holding up.

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I’m so damn chicken right now to hang onto CPSL. Any rip has been met with vicious selling and CPSL looks like its running into some now. That might not last and it might go back up, but I’m not taking chances.

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Sold RT for a loss of 6.3%. The market is crushing any sector that turned up.

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The market just flat out tanked today. It was on low volume, it was on news that seemed to be old.
I got hit with losses of around 4.6% in the RUT and 4% in the NDX. Ughhhh what a way to start off the week. I’ll tell you what though I’m still long, but am [...]

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Currently up 8.5% on the day CPSL (China Precision Steel) is seeing some heavy morning volume. Check the 5min volume bars.
I’m up over 10% on it right now. I bought more CPSL at around 5.38 as well.

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What have I been saying for 2 weeks?
Hint:
B _ _ _ h _ W _ a _ n _ s s!
What caused the rally today? Was it Buffett this morning? Was it Bernanke? Was it bullshit? Yes the answer is bullshit, because neither of the two stories the financial [...]

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For some reason this market is not selling off the way it could and the way it should if this market is tanking. Instead, to me it looks like a normal, rational, pullback, after an otherwise huge upward move.
So I still stand by my mantra, buy the weakness.
PLUG - Working pretty well, up 3% on [...]

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Bought UWM and QLD this morning with impunity. Up on both of those trades. I knew I had too much of a good thing when CALM hit 9%. Today it pulled back hard.
Things still look ok and I’m looking beyond this week’s trading action, not tomorrow or Friday.
I’m a little ticked though I missed the [...]

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No. I’ll see what happens this week, react, and make money. I added to my long position today. I didn’t post yesterday due to the happenings of Tropical Dud, Fay. I sold MATK yesterday with a loss of a few %. I did this as shot to buy a firework related play and its a [...]

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I was early with the short call last week, because today folks - its here. This is what I was trying to short for. However, now the market has puled back enough that I’m buying. I’ve bought the indexes this morning. You know ABC, from Glengary Glen Ross? Always Be Closing? I’m AFE. Always Fu$kn [...]

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About time! However, the risk/reward was crappy and the gain matched that. Today the NDX gained .70% and the RUT did .26% whoooopeeeeeee. Overall I lost money this week attempting to short the trend. I said buy weakness and that is what I did today at the close. I’m now long the NDX and RUT [...]

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I’m addicted to this short. I put it back on. I’m looking for the market to close in the red tomorrow. Today shocked me a little bit, but my individual stocks have done ok in this up move.
I actually mentioned on the morning posts when I sold out of my short (which happened to be [...]

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Hey it might be for grandparents, but I love that Werthers.
I sold the LTS position. I’m getting nervous of the financials and that my sell this morning although was protective, looks like it was the wrong call. The market has sold off some due to the financials selling off their highs. 1.3% gain. Meanwhile HOGS [...]

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