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I didn’t mention it last night, but a close above 1115 for me is a trigger to hit 1120 SPX. Now 1120 is really weak resistance, so I expect that to get sliced through. With the SPX closing at 1116 I added to my 2x long position and now am spread out across the RUT, …

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I hold MU, BAC, and FRG. These charts demonstrate the potential and dangers of overnight holds. Good luck to me, for not listening to the charts. I put the AXP chart up due to earnings on Monday. TBT and SMH were added here due to catching their mentions on Street Meat by Eric Bolling on …

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Being long (just for the morning action). Even though the NDX closed higher than my 10:45 window, the RUT closed lower by 4pm so the combination of the two indexes yielded more profit for me in the morning than at 4pm. That was a good trade worth about 1.5%. CBST – Had good earnings after …

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I cashed in the SMH calls for 38% profit as I saw the market coming down and didn’t want to chance losing anymore profits on the trade. You can take this as a sign that the SMH will probably be going up another 2 bucks. I always sell these type of trades way too early. …

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Buying long this morning. The profit was minimal by the time the close rolled around, but profit is profit.  I added to those index longs at the close and it looks like its going to be a good trade based on the way INTC and YHOO are trading afterhours. My SMH call options are probably …

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