Buy these:
EEB, EEM, SLX, EWZ, UWM, MVV, UYM, SSO, qld
and then anything on here:
http://www.stockrake.com/a-list-of-stocks-based-on-valuation-models-that-are-cheap~2008~10.html
Why I sold my TNA today? I’m a moron. However, I’ll be back into TNA for sure.

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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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What I’m doing now is creating a morning post and then just commenting under that post all my trades for the day. Its kind of like twittering my own posts. I’m finding it easier to do it this way.
Today was a flat market, but I was out trading like a banshee raking in gains. This [...]

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DRYS, SOLF, CSIQ, UYM, QLD (actually sold it when the market was up large), CLF
Now the market can rally without me all the way on board.

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At the time of this posting, these are a list of stocks that based on typical valuation models and technical analysis are cheap and oversold. These stocks are likely being priced in for the incoming global recession, but they might have priced them down too far. Most of these stocks have PEs under 3. However, [...]

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Since I went to 100% cash yesterday, I missed this morning swell. It would have sucked giving back 5% in the RUT and another 3% in the NDX, but it didn’t happen and gains are preserved. The best trade today might be at the close so I’m sitting tight and waiting to buy. I will [...]

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It looks like the futures are showing a bad day tomorrow at least for the open. I’m never excited if I’m short, to see the futures down this hard. As I write, Dow futures -286, NDX futures -40, and SPX futures down -35.
Like I said, all last week, “Short the strength.” I’m currently heavily short [...]

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Well the shorts worked out great today. The RUT was good for 7%, and the NDX was for 4.7%. I like to eat whoppers and we got one in the market today.
Yesterday I posted about selling out of the ETF’s, I didn’t exactly sell everything. I had a small QID position as well as a [...]

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Markets hate when Government intervention occurs. Especially non-telegraphed intervention. You could make the argument that it was rumored that Fannie Mae and Freddie Mac-ster would be taken over, but everybody was unsure if it would actually happen and based on how their stocks have been trading over the two weeks prior to this, you would [...]

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Indexes rallied today giving me 2.6% in the RUT and 1.5% in the NDX. That was nice, but we really haven’t made much progress to the upside yet. I say yet, because its possible that is coming in the next few weeks. Or I’m incorrect and I’ll eat my words.
During these past two weeks of [...]

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Bought UWM and QLD this morning with impunity. Up on both of those trades. I knew I had too much of a good thing when CALM hit 9%. Today it pulled back hard.
Things still look ok and I’m looking beyond this week’s trading action, not tomorrow or Friday.
I’m a little ticked though I missed the [...]

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RTK exploding today up another 11-12% bring my gain up to the 31% area on news that they have successfully created synthetic fuel. The chart was “saying” something was coming. There might be a little squeeze in this one. It also might be a sell here on the pop. I want to watch it closely [...]

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On June 19th James Swiatek questioned my sell in CPST. A stock I caught the whole way up made a lot of money off of it and then abruptly got out of it, never to return since. You haven’t seen me mention CPST or DAR two stocks I loved. Other than my brief shorting attempt [...]

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I moved some money to an index long position. Its a very very lite position.
I’ve already bitched about PWAV breaking out and how I called it and traded it, but didn’t stay in long enough for it to materialize. So this time I’m going to post about some other stocks that may breakout or continue [...]

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Today was boring. A big drop on the open followed by a big rally, then a late day big drop. Feeling exhausted yet? I didn’t do anything as far as the indexes went, but I did buy a few stocks. Next week the Federal Reserve will say their piece. To me it looks like the [...]

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