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It was late last night I was watching the futures +67 on the YM and me being heavily positioned long I was happy. I wake up this morning and it all evaporated. Then the whole morning deteriorated. I tweeted: “Same as last week…stocks opening below S2 into an oversold play…usually leads to significant bounce in …

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I got hit today by a UPS truck turning left. Losing 6%+ in the RUT and NDX. That bit. Still holding VLO, FRPT (holding a 4% gain) and some NDX looking for a bounce 1-2 day bounce. After that I’m going short. I bought NTWK today. I sold RT and BBY today for breakeven. The …

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No more index longs, no long etf’s, no AMZN. Its all in cash. Sold out this morning. At the morning Rydex window the Rut was up more than 1.2% and NDX was flat. So basically earned some cash back off this bad long trade I’ve been sitting in. Stocks I still own though and all …

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The market popped huge and the whole move was done by 10am. Then the selling began. Like a fool or at least I feel that way right now, I thought it was the breakout I was waiting for. In fact, it turned into yet another head fake. However, this round the picture changed on a …

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The market. 4% in the RUT and 1.5% in the NDX. It looks like Dell doesn’t look too hot AH and that might have an effect on the morning open. FRPT – Rocked today, until after hours they mentioned they are restating a quarter from 2007. BS there, but this is what happens in these …

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