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First, still long the indexes. I’m waiting for a reason not to be in that position. Minor hit today. I expected a move in the first part of this week that would allow me to get out, but after the Alcoa news it seems it will come at options expiration instead. I started out the …

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-I sold my MIPS position today for 18% -Sold another portion of my MS calls for 379% in the Jan 31s and 140% in the Jan 30s. I tweeted the incorrect gains on this trade. -Added to TLB at 9.29 -Sold RDN slight gain -Bought TBSI Feb 7.5 calls -Sold my CQP today for 12.3% …

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I’m not seeing anything to doubt the upness of this market. Today was nice as I got paid for buying the Jan 30,31 MS calls. I talked about this pattern that was setting up in C and mentioned the same pattern was in MS. I sold half my positions in both Jan 30 and Jan …

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The market is meandering until the new year starts. Plain and simple. We could be happy it didn’t sell off. I added to long index funds today. ABAT is acting very well and I added to my position today. Bought some RDN also. PLM broke out today for 7%, and lets remember I sold it …

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I made alot of swaps in favor of either higher beta or what I perceived as an imminent opportunity. I sold out of things like PTNR and SMED due to low movement. However, I’m considering getting back into SMED. I just like the business and with the healthcare bill a company like SMED is going …

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