Friday, June 05, 2009


sold SKF and done for the day

COvered SKF and long again


I'll take the small loser in SKF and go short, take the$ and cover HANS

SKF














HANS


1/2 hour to go in th eday. HANS is hitting new lows so I'll double up in that. SKF is moving up again so I've re entered.

HANS













SKF



Choppiness has returned , I'll take whatever small gains and look for something that has momo.


SKF












SRS












ZION



Feels like the bounce is stalled. I'll take profits here and get back on the original trends.

SKF













SRS













ZION

HANS got killed this morning and is getting droopy now. I'll take it short and see what happens.



With the momo stalled in the previous post the probability was for a bounce and playing it that way is better than holding on and anguishing over lost profits. In todays choppy market conditions it is OK to take good profits when you see them handed to you.

SKF







SRS










ZION





Trends have been hard to come by lately so I'll take the profit here as its offered up and the momo is stalling. Watch for a quick reversal and grab some more on the rebound or you can wait and see if the original trend continues.




S & P and QQQQ



SKF










SRS










GG










ZION




Markets are taking a step down. Banks and gold with it for nice shoprt entries. Inverse ETFs rising for long entry.

S & P and QQQQ










SKF











GG











ZION

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