Recapping

http://www.stockrake.com/i-remain-long-bought-some-stocks-trimmed-cyd~2009~04.html

http://www.stockrake.com/sold-the-last-portion-of-apwr-50-gain~2009~04.html

http://www.stockrake.com/trimmed-more-index-longs-market-still-has-legs~2009~04.html

http://www.stockrake.com/some-of-my-trades-are-rocking-right-now~2009~04.html

http://www.stockrake.com/spx-levels-4132009~2009~04.html

http://www.stockrake.com/spx-levels-for-april-1st~2009~04.html

http://www.stockrake.com/will-this-rally-continue~2009~03.html

http://www.stockrake.com/sold-yge-ewz-bgu~2009~04.html
(particularly the casino stock comments in the comments)

I’m trying to be good and hold onto all the nice chart pattern stocks. JASO still hasn’t made its move, but lately everything is eventually moving. CYD was over the past two days, DAR as well. APWR was earlier this week. BLDP, KLIC, SYNM, and GMO all > 50% gainers right now. The 2x index funds have moved well this week. EGLE moved today nicely.

Why I like these:

I’ve sold my index funds, but still long my individual stocks. Tomorrow could go slightly higher though and leave the week on a high note. At that point, I may consider a short. Yep a short. Wait you’ve been so bullish on this move and now you are thinking of shorting? Well yes, I’m thinking of it, not certain though. If we sell off tomorrow, I don’t want to be aggressive with the short. What I need to see is more rally and more cowbell, before I get excited about shorting.

This copper move is no bullshit. Its an old adage that for bull markets to occur, copper needs to go up. This move in copper is reminiscent of such a thing. Bears want a new low, and I just want a fresh new entry to GET LONG.

Thanks for reading

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