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I was originally thinking that I wanted to have nothing on the books coming into 2011, but I was already long UCO and AUGT. After writing my 2010 trading memories I want to do less, be in control of more, and make more money. On Dec 31st, I decided to double up my UCO position, …

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From last night, “I’m taking a shot here being heavy long. We are going to see the market cap off and do one more nice short squeeze. This will likely setup a nice reversal in the market over the next 3 weeks once they blow out shorts.” I sold those longs this morning in all …

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Let me start out by saying today did not go the way I thought it would. SPX broke 904 area and broke and closed below 21d emas. So now this market is at a decision point. Is the SPX going to rally and close back above the 904 level or will go down and test …

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So here I provided a graphic that is the same as the one I’ve been posting the past few days. The blue line got tested, and we closed above it. Be long unless we get an SPX close below that. This also means the odds favor a SPX test of 950 now since the market …

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Nice gains today in the solar names, SOL, SOLF, CSIQ. Unfortunately for me, I barely got stopped out of my YGE and JASO purchases made yesterday which would have been additionally huge. This is why I hate stops. I never had a sell signal, just a stop loss that triggered and that was essentially the …

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