I was lightly long going into this morning where I flipped that position and added to it at the close. I’m short the SPX only. I’m looking for a nasty day tomorrow where maybe we see an intraday reversal. Maybe not. I sold TZA waaaay to early but still managed 7%. I actually had TZA [...]

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I’ve sold any long I’ve owned throughout this turmoil. I’ve capitulated. I’ve taken my losses and picked up my ass and did the right thing. I went smallish to the short side. I’m looking for a low to be put in this week. The monthly charts are very oversold, BUT this month has to end [...]

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The pressure is building under the foot of a weekly divergence in the SPX, RUT, NDX, COMPX and the other sectors that have been smashed, namely commodities, financials, and real estate.
A relief rally typically happens when this setup is showing its face. We had a rally off the 3rd week of October low based on [...]

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Support held for now.

New upward short term channel. Hmm?

The same pattern is on EWZ, EEM, UWM, QLD, UYG, UYM, SEA (dry bulk sector etf), SSO, and many other symbols.
I expect this move to get to the levels of October 3rd or close to it. Which means SPX 1099, NDX 1470, RUT 619 (but that is [...]

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I know it sounds fucking ridiculous, but I knew when I got trapped in the long trade, that it was going to be one I’d have to wait out quite awhile. I’m ok with that.
I’ve been making the mistake of diddling around with these little stocks all on the long side. However, there has been [...]

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Trading wise:
8% in SPX for the 2x funds, 6.5% in NDX, 2.8% in RUT. Getting back to those levels where I foolishly got in and held. However, the main point is that we are getting the market movement I said SHOULD HAVE HAPPENED off the levels we hit back in October. We are getting it [...]

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Sold YGE @ 7.09
Bought @ 4.35 10-29-08
63% on the open…chooochooo.
PS I’m still long the index funds…which I’m slowly getting my money back on. I still need more upside. Like 1000 spx will be nice to see.

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We are finally getting the move I’ve been waiting for. Unfortunately its from a lower level than I anticipated it would start from. However, its possible because the move was exacerbated to the downside that we may see more of a stretch upwards than your typical bounce JUST so that things equalize. The VIX and [...]

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I bought these today. Most of these names will be unfamiliar as I owned them recently, then sold em all with egregious losses, but the time to get back in was right.
WLT
FCX
CSIQ
YGE
CALM
VLO
*I also bought GNK yesterday which I think I forgot to mention. GNK had a crazy day today. All over the place. Started out [...]

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Part of the process of back and filling. If it goes back up in a straight line the market won’t be able to fuck over the little guy. The market’s job is to fuck someone over such as joe the plumber and this back and forth movement is going to make anyone trying to hold [...]

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Today was awesome wuth every single buy working positively, however, I got nervous with my FCX and QLD trade which for some stupid strange reason I sold, scratch that the reason was fear and noise. Both of those were sold at losses and they have to be two of my worst trades ever because I [...]

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Again I’ve been wrong with my bigger trade and I’ve said it nearly everyday.
Today’s day trade for UWM was good for 1.9%, there was more in that trade, alot more, but I was distracted all day.
What I’m looking for this week to happen is a test of the 21 d ema.

In many down moves in [...]

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Typically a doji after a move can mark the end of a move. If you don’t believe me check out this site that dedicates a section to candlesticks.

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Well sort of. I’m long from October 3rd in the leveraged mutual funds which has been well documented already, and today was a part of the massive comeback that I knew was coming. Eventually this trade will become profitable and I’m guessing by this Friday’s close or the next or the next one after that [...]

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I bought the market today heavily. I bought UWM, QLD, and QLD October 49 calls (bought them early and I bought the strike I didn’t want). I bought the calls in a frenzy lining up other trades and realized I got the strike I didn’t want, but I’m sure its going to be fine because [...]

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