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I cashed out of everything this morning early, as per plan yesterday, however I have to wait till 10:45 for Rydex to clear – that was more of a loss than necessary. It looks like the market wants to wedge it up here to test the undersides of the 21 dema’s. I’m cool with that. …

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I’m looking for a pullback over the next 1-2 days. I don’t know how big it will be, most likely not big at all. Sometimes you can even get a hammer type day as the pullback. The longs I “robotically” bought I opened on 9-12-10 closed out today at 10% on the 2x COMPX funds …

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The stock market looks good here. It just does. 7 stocks update. The day I bought AUGT I cut my position completely due to big drop of 18%, I think I cut with -10%. The next day I bought back only a third. This puppy is down 5%, but I have high hopes of it …

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This morning I reduced my shorts as planned. Actually the plan was to go to cash as noted in last night’s post, however, I reduced to 25% short and decided to keep something with the trend. The reason for my reduction is that the market was oversold and I had signals related to this condition. …

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Just a refresher of some of my posts over the past few weeks: From 7-7-2010 “While everyone thinks we have bottomed, I think we sell off again. Probabilities, based on the charts, say we will make new lows and we will give back today’s candle. It should happen within a week or two. Depending on …

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