http://www.stockrake.com

I’m 75% long the 2x $NDX and $RUT funds plus these positions. Check out my Chart.ly stream.

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1. Price is the decider – You hear Dennis Gartman saying if price is moving from the lower left to the upper right you want to be long. In a good market, its that easy. In a bad market reverse that concept. Once you understand the concept of a trend and how to tell if …

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With the markets flopping back to the upside in a very nice make up session for all the back and forth action lately, my positions did very well today. Recap 100% long $NDX, $RUT 2x funds. X, X Calls Dec 48 & 49 CLF Calls Dec 70 (made up a ton of loss right on …

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It was late last night I was watching the futures +67 on the YM and me being heavily positioned long I was happy. I wake up this morning and it all evaporated. Then the whole morning deteriorated. I tweeted: “Same as last week…stocks opening below S2 into an oversold play…usually leads to significant bounce in …

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I came into today only long some CHK calls. They were up over 40% at one point today and finished negative at the close with the market selloff. I kept them. I think the market is going higher, but my confidence level is not particularly high. I’m only looking for a quick move upwards that …

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