Tuesday, February 03, 2009


sold SKF 

sold SRS
15 minutes to go, doubled up in SRS SKF longs

sold FAZ

bot FAZ


cover SRS SKF and gone long again

SRS















SKF

sold ESI

bot ESI again

Sold ESI on that pop

bot ESI , making new highs


sold FAZ and sold and reversed SKF SRS 


SRS
















SKF

Momo is back into FAZ so I'm back long


Markets might be getting into the choppy mode so I'll drop positions in order to catch the fast moves

FAz













EEV

If SKF is rising FAZ is likely to follow



Always important to take profitsor  the small lose if trades are moving against you. Entering the trade the other direction makes sense again.

EEV











SRS











SKF


If a trade like HES is going nowhere then get out and rotate into something like EEV

AEM reversing

HES moving over intraday consolidation


Sold SRS as well and shorted it and SKF


SRS














SKF


amrkets flopping around so I'll take what I can get in SKF and FAZ


Look at what the markets are showing now. I took a small loser on FAZ, small winner on SRS and was never threatened in SKF . SO I'm back long.
Something is going to happen soon, 1 way or the other

SRS













FAZ



Whenever I see moves like that it's prudent to take the profits and trade them the other way

FAZ













SKF











SRS

SRS making a pile driver move too.
But be ready to take $ after big moves


If the momo is going against you take your profits and trade them the other way if you can.



SKF











FAZ

Trends that keep on giving


SKF  in uptrend, nearing high of day, making a little pullback provides a nice place to enter long. Will it work out? I don't know, but probability says this is the direction to trade it at the moment

Trends that keep on giving


EOG making new daily lows. As it breaks down, make your short entry

Trends that keep on giving.



Here's the set up:
FAZ in uptrend but you don't want to chase it, makes quick reversal. 
Markets are doing the same.
Wait for the down momo to stall and get back into the uptrend.


S & P  and QQQQ









FAZ

Monday, February 02, 2009



Time to sell the longs for $1.50 and finish the day.




SKF











SRS

If SKF is rising then it's wise to sell take the $ in MS


15 minutes to go till end of day. I'll cover once again and go long in SRS


And long SKF














cover and long SRS

When a wrong decision is made, take your losses quicky and react to get on the right side.

SRS - $.17



AFter big moves, be ready to take profits and trade them the other way.

S & P  and QQQQ













SKF

















SRS


Now things are heating up. SKF cranking it to the downside. 
















SRS the same.

You don't need to have any other reason to take a $4 profit in less than 30 minutesother than it's foolish not to in todays market.
I don't know what the market is going to do but I know that if I string a few of these trades together my account and pyche stay strong.