Took A Short Trade

Posted by StockRake on October 19, 2011 in Leveraged ETFs, Leveraged Funds, Technical Analysis, Trades
Roughly 75% short via inverse 2x NDX, RUT. Also bought TZA, and EDZ. TZA 30 Min Getting a buy signal here at the end of the day. If it holds will be a nice morning. Watching Fast Money on DVR. Mentioning MS. Looks like a short to me on the daily due to its rally ...

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Short Term Buying Opportunity?

Posted by StockRake on October 18, 2011 in Other
I’m thinking maybe, maybe, one more down day will be good for a short term buy op. However, I only want to play the short side while we continue to trade underneath important moving averages. Carter Worth mentioned some nice short ops on Fast Money. They line up awesomely with my charts. PCLN, WYNN I ...

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I Know Thyself

Posted by StockRake on October 17, 2011 in Other
Posted October 9th: “If we go higher from here, I think the market will selloff in one day that recaptures about 2 days worth of trading action in dramatic fashion. This scenario would probably kick me out of positions setting up for a potential miss on the downside.” Currently 100% in cash. GMCR is dropping ...

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Posted by StockRake on October 14, 2011 in Leveraged ETFs, Leveraged Funds, Technical Analysis, Trades

Incredible October Move

10prut

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Remember When We Were Down 13% Two Weeks Ago?

Posted by StockRake on October 13, 2011 in Market Comments
Me too.

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Missing 99% Of This Move

Posted by StockRake on October 12, 2011 in Technical Analysis, Trades
Currently I’m missing the up move here. Partially, well not even partially, fully to blame with my involvements offline as well as my overall daily/weekly bias that its not going to go in a straight line – yet has been a straight line. I think we have stretched this a bit here today and we ...

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Slovakia, Slovakia, Slovakia

Posted by StockRake on October 11, 2011 in Other
I’ve never been there.

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Can’t Win Everyday

Posted by StockRake on October 11, 2011 in Leveraged ETFs, Leveraged Funds, Trades
I lost today. I’ve been on a hot streak, and by me getting heavy short on Friday I was just due. Like I mentioned in the last post that not everything was perfect for the drop, but I wanted to be positioned that way in case it happened before the upmove. It turns out the ...

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Posted by StockRake on October 9, 2011 in Leveraged ETFs, Leveraged Funds, Options, Technical Analysis, Trades

Sunday Position Update and Thoughts

rutd

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Update To Last Weeks Comments Regarding Gold

Posted by StockRake on October 6, 2011 in Gold Stocks, Trades
Last Friday I mentioned the number of gold plays that were set up. They bounced. What I noticed in the charts than at previous times where we had blue or oversold signals is that right now I’m not seeing the continuation of green in one of my indicators. Without giving away what indicator that is, ...

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