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I was heavy long from Friday coming into today. I sold everything at and before the morning window at Rydex which is 10:45. I took in gains of near 3.8% in the 2x funds on average with my $RUT, $NDX, $SPX spread. I also dumped all my call positions making money on LVS, XLK, GOOG, …

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Today sucked. My expectations were broken pretty much right away as the pattern did not play out as intended. Then very late in the day the market rallied off the lows and the indexes went green. Per the pattern that I am playing the bounce was actually too little of a move, so I’m glad …

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Looking at my weekly charts I see a weekly RSI divergence which is fairly decent at forecasting a one week down move. Usually the pullback takes back the previous week’s range. After that the market usually runs back to new highs. Despite this, I stayed in cash with my index funds as I’m a little …

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So after being a putz a week ago, I’ve gotten back on board the long trade. I mean that is what my signals have been saying since March anyways. Last week I jumped in early thinking things were changing…and they were, but it wasn’t definite. I assumed a change would occur and got in front …

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Sold my FAZ and EURO short via EUO this morning, but I’m going back into them both. I don’t believe this gap fade. Also bought ERY this morning, but ended up quickly selling for .06 loss. Check out XOM.

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