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If you watch the market closely you know the market is at a critical point. I’m trying to focus beyond the short term here though. If I step back I’m seeing many many stocks that are beginning a pattern similar to MON did months ago. There are many inverse ETFs looking like they want to …

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The other thing I did was cut my index longs back from 100% to 50%. Today was a good/great day, no need to risk anything. However, I do think we move higher, then not settle on those highs. There will likely be an opportunity to sell tomorrow and if its there in the morning with …

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This is the way the current race looks right now if you are just going by the charts. Yahoo right now is just not working. The market doesn’t like the uncertainty that swirls around the stock right now and its punished with impunity at any chance. Yahoo could play the next starring role in “Open …

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Worked: Sticking with the longs. QQQQ calls were good for 6% in the early action. In @ .82 out @ .87 (damn morning dip). About 10 minutes after I sold them, I saw that the market was going down, so I rebought the same QQQQ calls @ 1.02. MSFT had a huge day today and …

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Worked: AMAT, VLO, not being in SJT or other oil related stuff. (Crude dropped to 101 today. I said it would trade to 100.) INTC  – Moved nicely today. Sucked: YHOO calls expired worthless…no deal from MS to save me. 100% loss. CREE – POPPED 9% today! F$CK! Guess what? I bought it back for …

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