Originally I thought with the indexes resting on some decent support we would get some higher movement before dropping. This was the chart where I laid out my prediction. As you can see we moved down to the level I thought we would at 1073. However, I’m changing this up move bit. I think we [...]

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Those are my positions. I bought TZA as the RUT started to flip. In around 7.05, but I was in at 7.04 and flipped out of it I think at 7.02, before buying back in at 7.05. With maybe 36 minutes to go the RUT started to flip from green to red. The RUT hung [...]

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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? [...]

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I dumped my AIG calls, this was not according to my own rules, but I have a feeling it can drift for the next 3 weeks and didn’t want to chance waiting. I sold some things not rules related, all because I think there is more immediate opportunity in other stocks. I sold $GAME, and [...]

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I took the index longs to cash Friday morning which ended up not being as smart of a move as just leaving them long till the close. However, I went back to a long position in the funds, thinking we get a currency related Santa Clause rally this week. By currency related, I mean reversion [...]

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Intraday I use a 60 min chart for stuff I feel like trading intraday which could be for options or stocks. I use this with stocks that often have big intraday moves, options on 2x etf’s such as SSO, or options on highly liquid stocks like BAC and AIG. With my daily chart I use [...]

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First thing I did was ADD to my AMZN puts. Then I quickly covered my SSO short. (Now I gotta buy it back) Sold my EGO, GLD calls, and AUY, and my AUY calls. Still very nice gains. Then I bought more AMZN puts and look at the chart almost to 60 already! WOO. Rebought [...]

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