Now Long Heavy – Check Out Home Depot
Posted by StockRake on November 7, 2011 in Leveraged ETFs, Leveraged Funds, Technical Analysis, Trades
I was out all day doing some potential deals for iCalledit. My call last week on GLD was on point. I’m kind of irritated though because its now running without me. One stock that is absolutely ripping is my ole fav DROOY. Here is a sampling of some trades I made once I got back ...
Well It Looks Like The 30 Minute Was Right
Posted by StockRake on November 4, 2011 in Leveraged ETFs, Leveraged Funds, Technical Analysis, Trades
What I was seeing in my 30 minute chart was right yesterday. At the close I was seeing the early clues of a reversal. Then after hours yesterday the Dow futures were down over 100 and I thought I was going to get blasted. As I bought TNA near the close yesterday. I woke up ...
Overnight Traders: Free Smacks
Well the futures are getting micro murked here… Being wrong large is like getting hit by a car. You wake up in the hospital on drugs and are numb. You’ll feel that shit alright, but only days later not immediately. Takes longer to recover from mentally and physically. Being wrong small is like a little ...
This Market Is Mountain Dew
Posted by StockRake on November 1, 2011 in Leveraged ETFs, Leveraged Funds, Technical Analysis, Trades
![mountain-dew[1]](http://www.stockrake.com/wp-content/uploads/2011/11/mountain-dew1-200x150.jpg "This Market Is Mountain Dew")
As bears roll around with salmon fat dripping from their chin tonight, lets remember that Bernake is speaking tomorrow and I’m sure the Fed’s canon is coked (and cocked). That said, I’m short and I recklessly did not cover any of it today at the close. I didn’t see oversold, I am seeing beginning signs ...
Missed This Morning’s Signal Because of These Girls
Posted by StockRake on October 31, 2011 in Leveraged ETFs, Leveraged Funds, Technical Analysis, Trades
This is a side project I’m involved in. Fantasy Chix – hot girls giving their free fantasy football picks. If you have a funny fantasy football name enter it here. Missed A Nice Opportunity REDF and SIFY Went Nuts Today I’m looking for a short move to test 21dema’s from the top side at this ...
Tragic Trading
Posted by StockRake on October 28, 2011 in Leveraged ETFs, Leveraged Funds, Technical Analysis, Trades
I’m wrong right now and I’m not following my rules or system and its painful. That mistake yesterday of calling up Rydex and having them cancel my sell orders at the last 2 minutes was a mistake. I should have obeyed what I was seeing in the RUT and SPX charts. However, I had a ...
Market Got Kung Pao’d
Posted by StockRake on October 26, 2011 in Leveraged ETFs, Leveraged Funds
So this morning opened up and I was excited as I came in about 50% short. Yeh why would I be excited for that? I knew we were going lower – knew it. I added to my position, however, during my trade window at Rydex, the market started tanking. My trade was in and in ...
Why I Covered My Shorts This Morning
Posted by StockRake on October 25, 2011 in Leveraged ETFs, Leveraged Funds, Technical Analysis, Trades
The answer is simple. I thought we might be limited to what the market was giving at the morning window. The key part to that language is “I thought.” Its always more profitable to be dumb. Instead of the 3+% gains I got with TZA (3%+), EDZ (3%+), SQQQ (less than 3%) and the funds ...
Heavy Short At Close
Posted by StockRake on October 24, 2011 in Leveraged ETFs, Leveraged Funds, Market Comments, Technical Analysis, Trades
Closed the small long I put on at the Friday close at the close today. At today’s close I went heavy short. This is contrarian trade obviously as the RUT was up 3.3% today. However, we closed at exact highs. Its possible the range is just expanding here. This is a “smart” trade so its ...
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