DRYS, SOLF, CSIQ, UYM, QLD (actually sold it when the market was up large), CLF
Now the market can rally without me all the way on board.

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Do you notice I’m trying to create the most capitulatory headlines I can possibly make? Well I gotta admit, this is starting to get to me. I was a hair away from capitulating today and not waiting to see if my move would materialize. I was more scared when the Dow was -200 then [...]

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Dear VIX,
You suck. You should be roasting the people who are gleefully disrespecting your size and price. Should you ever start to work again, I will always remember this moment in time and offer a swift kick in the nuts whenever I see you on the street followed by a knee to the head.
Goodbye VIX.
Love,
StockRake
PS [...]

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I’m still waiting on the rally to materialize over the next two weeks.
Back to highs of two weeks ago. These charts are of the SPY, but the same stuff applies to anything pretty much.
Now afterhours we had several tech names pop big. VMW, BRCM, YHOO, AAPL. Will that hold or will it get sold? I [...]

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Part of the process of back and filling. If it goes back up in a straight line the market won’t be able to fuck over the little guy. The market’s job is to fuck someone over such as joe the plumber and this back and forth movement is going to make anyone trying to hold [...]

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Bought SOLF @ 7.36
Bought UYM @ 24
Look for those higher tests in the indexes I’ve been blabbering about.

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Today was awesome wuth every single buy working positively, however, I got nervous with my FCX and QLD trade which for some stupid strange reason I sold, scratch that the reason was fear and noise. Both of those were sold at losses and they have to be two of my worst trades ever because I [...]

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FCX @ 35.31 (If copper continues its move today - you can watch JJC for the move or copper directly, FCX can continue to roar)
GNK @ 21.18
CLF @ 30.98
YGE @ 6.18
more CSIQ @ 11.89
QCOR @ 7.45 (crap)
QLD @ 35.17

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On October 14th I mentioned that shorting gold might be a good idea. Although I didn’t participate in this trade, I mentioned the setup was there. Why I didn’t get involved in this one? Funds wrapped up in my previous ideas + funds settlement hell.
From October 14th 2008:
Where we are now:
Well we now know that [...]

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Again I’ve been wrong with my bigger trade and I’ve said it nearly everyday.
Today’s day trade for UWM was good for 1.9%, there was more in that trade, alot more, but I was distracted all day.
What I’m looking for this week to happen is a test of the 21 d ema.

In many down moves in [...]

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Typically a doji after a move can mark the end of a move. If you don’t believe me check out this site that dedicates a section to candlesticks.

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Right now Dow is up 232 @ 9212. Is it possible we see Dow 10k at the end of the day? I think its possible. Remember amplitudes….

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Argh…So I pause CNBC and go take the garbage out and I come back in and press play and pick up my laptop computer, reading and listening to the tv forgetting that I’m behind. I’m probably about 5 minutes behind real time.
I’ve been watching the futures hours before and knew it was going to be [...]

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I posted earlier that I bought QLD, UYG, and UWM. It turned out to be near the exact bottom of the day - sweet.
Bought QLD @ 29.17 | Sold @ 33.96 gain of 16.4%
Bought UWM @ 21.88 and @ 22.71 Still holding
Bought UYG @ 9.29 | Sold @ 10.39 gain of 12%
I held onto UWM [...]

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Can you?

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