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Its always difficult to take action on Friday if I didn’t take the correct action at the beginning of a trading signal which was…to buy on 6-10-11 (Friday) and hold until a long signal in the timing system appeared. I went short for a brief period caught a little of that. Overstayed a bit long …

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I’m getting ready to get long even though I think there is a high chance of getting shalacked next week. I’ll be buying down days. I took losses on my EDZ, EEV, SRS, and TYP in the variety of -15%, -12%, -17%, and -22%. These were mostly fresh positions. Index funds also had about a …

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Market still tweaking lower. I’m bearish with SPX holding below the 700 mark. I’m shocked we haven’t capitulated already with the market on a rickety balance beam down here. I didn’t sell any of my gold despite the nice pop on the open. I just added some March GLD 90 calls actually. Gold should be …

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SPX is right around some major inflection point, but both the RUT, and the COMPX have considerable upside room which makes me think we are going to see the SPX break this trendline to the upside. After the break I think it will selloff to test the line causing a break even for the week …

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Being long. Yahoo! Finally got the action to the upside I’ve been expecting. I think it may have sparked a short term move that will continue tomorrow with the Fed announcement. QQQQ calls – Soared today and now I’m up 15% on the position. Vedi nice. I held on for more potential movement tomorrow. QLD …

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