The NDX charts demonstrates how I saved myself from eating a big loss. I got out on the gap up. The reason was the little gap up was showing me enough information for a weekly signal. I knew it had to selloff and that would give me the information I needed to make a decision [...]

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Don’t call it a comeback, I’ve been here for years.
First of all the futures yesterday totally just dissipated into nothing yesterday.
Despite the crappiness of my telecom predictions and improper position sizing and risk management I started out with a healthy loss this morning due to MOT laying an egg.
In one of the harder days [...]

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I tweeted earlier today that I predict some forex/oil mumbo jumbo will be the excuse for further market poppage. It looks like that is the case right now at about 12am est.
I sold my GS today (wrongly so), but still made a profit on those 155 calls. The target was not hit, but likely will [...]

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The question is which way will it explode?
Still in reduced long positions, but bought a few stocks for a very short term pop in the market that I think is coming. If it doesn’t happen, then I’m selling and will sit. Bought DPTR, VLO March calls, PBR calls, SLW, YONG for short term, rebought EWZ [...]

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I still don’t have a reason to short, so I’m long – in a reduced fashion. However, I own my T, VZ, and MOT calls – at this point I wish these were call spreads.
Also long the other random stocks mentioned. ANN, JCG, for short term plays.
Bought today EGLE, RFMD for short term plays as [...]

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The market had a major break today. Some things broke while other things are close. I’m looking for a bounce next week and will look for shorting opportunities after that.
Still waiting on the telecom bounce in VZ, T, MOT.
Charts show a few trades I made today. Some winners, some losers. Not bad for a day [...]

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There are bad trend breaks everywhere. GOOG for one. I posted this chart to chart.ly near the close. After posting it, I bought 1 OTM call in GOOG. As I thought the risk/reward was worth it. It was. Even though the call will probably be near worthless tomorrow, the idea was worthy.
Below you can see [...]

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