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I was short the SPX and RUT going into today’s session. I rotated out of SPX and moved that $ into NDX short.

I didn’t get a satisfactory down move today to allow me to cash out. If tomorrow is down – I’m out and will take my gain and reassess.

As far as stocks went today, there were a few good and a few bad. The bad stocks were merely pulling back off of great gains. TWER and CHINA specifically.

However, readers know, I got me some CSR around the same time and AVII. Both of these puppies had nice moves that basically offset the losses, but brought those positions up. CSR was purchased on July 20th and am up 32% from my buys. I mentioned in another post how good that chart looked.

So I’m still long all my stocks and short the indexes I mentioned. I really like the movement going on in FVE up 25%.

Today was a nothing day and I expect the indexes to test the lows that were made today. Anything below that will be gravy. I’m shorting the indexes for the very short term.

I gotta make a separate post of some stocks that look interesting.

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