I’m going to skip a recap of what sucked and worked today, but let it be known that I kicked ass on MON and BG yet index trades sucked.
I want to talk about me planting my flag in the ground and calling a bottom in Natural Gas. Maybe tomorrow will go lower, maybe it won’t. [...]

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The morning started out with a huge pop to my DE calls. Trimmed them back and took 65%.
Next BG was getting rolling and I checked my charts and I jumped in. I trimmed some of the position for 40% and held the rest.

GRO which was highlighted two days ago, very nice pop today

MBI – stuck [...]

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So after being a putz a week ago, I’ve gotten back on board the long trade. I mean that is what my signals have been saying since March anyways. Last week I jumped in early thinking things were changing…and they were, but it wasn’t definite. I assumed a change would occur and got in front [...]

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I trimmed my shorts from yesterday, but am still short the RUT, have some FAZ calls, and some FAZ stock.
It looks like if this market is going to move down it needs to do it next week. The market has many divergences going on particularly the weakness in financials, however, divergences are not guarantees.
As far [...]

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I did the Happy Leap Year thing too early. Most everything sucked from me as I have this mental block to go short for some odd reason. I’ve made more money shorting than going long actually, but this year and late 07 I can’t seem to make the switch. So I got hit with [...]

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Worked:
Being long the indexes. I’ve been long for days now and today it paid off. More than 4% in the RUT and I’m RUT heavy in my index account plus 1.36% in the NDX.
SEED – Up 4%.
CPST – Had a great move today. Up 9.2% on the position.
YGE – I got ancy on my [...]

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Indexes playing footsie back and forth. Another day where I had big morning profits in the indexes that I didn’t take…damn.
GRO – Ripping up 12% today as much as 18% – Don’t forget I sold this one on Friday. I was on the right track though with it.
CPST – Bought on Friday up 13% today.
Bought:
SEED [...]

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