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 31s.

I [...]

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At least on SR it will be. Last year I went long on the 2008 slide based on some oversold indications. At that time I posted some charts that showed only a very few times the market became that oversold. It was the case of who blinked first. I blinked and now I will explain.
When [...]

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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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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 my $RIMM [...]

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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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I don’t know if you noticed, but I’ve slowed down and started opening up portfolios of stocks that are turning with my signals and swinging them. Most of these stocks are either chosen due to their ability to have big moves in a short term period or based on great valuation.
Things like HITK, CSR, SMED, [...]

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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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