Posts Tagged ‘Options’
Leading Stocks Are Signaling A Pullback
Disclosure: I’m short. Rather heavy so read this post knowing my bias. I’ll be short for a very short period of time. The leading stocks of the September 2010 up move are leading the pullback. Stocks like NFLX, OPEN, ARUN, AMZN, PCLN, FCX, and many more are having dark cloud cover patterns. Hopefully a weekly …
Was Short Coming Into Today
Had a 30% index short, bumped it to 100% short this morning. Closed it completely today at the close because I really don’t have a good edge right now and wanted to trim risk. I was long FAZ coming in and sold it for a gain premarket. Then went back into premarket 2cents higher, then …
I’m Short Overnight
I rolled my index cash to short, 2x NDX, 2x RUT at the close today. I closed up my gold positions taking 5%+ in the DGP, and breakeven in HL, just for protection. I closed my 2x and 3x Energy long positions REA, ERX, DBE, all for nice gains. I will be buying all of …
I Only Own One Stock
I got out of nearly everything today except for 1 stock and that not stock isn’t anything special. Running for the exits? Not exactly. Just taking gains in the index longs, cutting the mediocre things, things that sucked (USO, FCX in and out), and taking gains in the things that rocked (C calls, AIG, DIS …
A Good Day Despite A Flat Tape Thanks To $RIMM
I understand why some people might not understand my techniques. I don’t share them in detail. You only get to watch. How does one go from being bearish on February 23rd, explaining my reasons on Feb 25th why I am turning bullish, to being bullish on Feb 26th and buying things for the following week? …
