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As mentioned yesterday I got long yesterday before the rally with CLF and TNA. Then before the close I went long 2x indexes RUT and NDX as well as buying PCX and AXP calls. This morning I tweeted all the sells. Took the gains in the 2x funds which took in 4% in the RUT …

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I hold MU, BAC, and FRG. These charts demonstrate the potential and dangers of overnight holds. Good luck to me, for not listening to the charts. I put the AXP chart up due to earnings on Monday. TBT and SMH were added here due to catching their mentions on Street Meat by Eric Bolling on …

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Being long the indexes. I’m glad the bounce happened because I was getting worried there for a minute. Not to say we couldn’t pullback next week more, but it looked like we may have bottomed for the year….possibly….I hope. COMPX tested the breakout level I mentioned the other when I posted that chart. The trade …

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Sold AXP at a 5.7% loss replaced it with NMX. The recent market whipsaw really battered some stocks. AXP looked good on Wednesday as a possible turn up, then yesterday got beat and today it continued.

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Happy November! Being long sucked. The market was relentless. The RUT was down 3.93% double it and its close to 8% loss for the 2x funds.  Nasdaq held up relatively well in comparison to every other index. SPX nosedived as well as the Dow. I have a feeling todays action is the real move, but …

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