http://www.stockrake.com

I decided at the close today how can I complain about getting more than 7% in the NDX/QLD and 5% in the RUT/UWM.

Not only that, but finally SNTS took off today. I’ve bitched about being on board PWAV and then not being in it RIGHT before the break. This time I didn’t jump off the train with SNTS and today it popped 20%.

With the size of the move, I had to cut my position. I was planning only to move from HEAVY to LITE, but decided to go from HEAVY to CASH.

If….we see a move tomorrow to the downside just on the basis of profit taking, or whatever, I’ll be a buyer. I’ll buy morning weakness if its there. I’ll buy afternoon weakness if its there.

EJ – Have a 4% gain.

CPSL calls – I sold these today for a 40% loss, but even though that loss is high, the size of the position was so ridiculously small that it was like saying I would overflow a lake by taking a piss in it – yes just like that.

In my post yesterday I decided to take out a statement that I think the drug stocks are looking good here and that they are probably the next sector to move. PPH, JNJ, SGP, PFE (looks ridiculous here), etc. So I’m saying it now.

Phenomal day and congrats to those who were with me on it.