http://www.stockrake.com

I don’t see it on my charts now. I might have been hallucinating when I wrote that. However, this week is already starting out in an overheated way. The fact that this is happening usually says we close the week near the highs. If that happens it may set up that down week I’m looking for next week.

I bought these on Friday: “UCO (Based on USO and crude movement), DBE, DGP (Double Gold), REA (Rydex 2x Select Energy Index – which is basically heavy long XOM), GEX (for alternative energy exposure), and BRF (Brazil Smallcaps).” Oil went apeshit today my signals worked on those.

I kept all of it except BRF. No reason to sell it other than it not going up today. However, I’m not selling any of the other stuff, because I know those stocks are on signals and riding right.

With the cash from the BRF sale, I bought GY, TBT, and HL nad later dumped GY intraday just because I didn’t need that one. Instead bought ICO. So I’m setup with my positions and don’t expect me to do much else other than index trades. However, I’m waiting for my down week to buy in.

So to recap this nonsense:
I’m long: UCO, DBE, TBT, GEX, REA, DGP, BP, ASTC, FSII, HL, ICO, INSM, NENG, PBI, PXLW, SCLN, TSEM
I’m in cash with my index money.

Related Posts