Focus your mind, manage emotions, go with the flow.
Friday, September 18, 2009
sold FAZ SRS
FAZ
SRS
5 minutes to go cover ARNA bot SRS
ARNA
SRS
STEC is dead money right now so covered it
sold AIG
ARNA is really starting to roll over
rebot AIG , either it or FAZ will not work out...
short STEC
STEC
FAZ
sold MPWR AIG
AIG
MPWR
sold CVLT
bot AIG on pullback
used my favourite trick of selling as the candles change after that big pop, will buy on pullback
AIG
markets lifting higher so I'll cover shorts like SPPI, still short ARNA
into AIG long
CVLT making an organized uptrend.
back in MPWR on that pullback as well
shorted SPPI on the bounce
Momo has left MPWR at the moment so time to bail out and take profits
Even when the markets are falling some stocks are making new highs, MPWR for example
MPWR
Stopped out for a loser in AMED , had a couple of winners in FAZ and ARNA.
Going for breakfast now....
AMED
FAZ
ARNA
ARNA looks like a good short if markets weakness continues
AMED as well
AMED
ARNA
took profits in GRA, markets done look so strong at the moment, lots of shorts developing GG AIG hitting new lows
bot GRA
Bot FAZ. check out the inverse ETF if the markets drop SKF SRS TZA
FAZ
not much momo in HGSI or JAZZ so I'm out
HGSI
JAZZ
take the profit in ARNA at this point
ARNA
Bot the pullbacks in HGSI ARNA JAZZ
HGSI
ARNA
JAZZ
I'll take profit on all those pops
ARNA
HGSI
JAZZ
HGG
JAZZ exploding
Talking about catching the brand new highs, check out HGSI right now. It is just moving above the opening candle right now. ARNA HGG new movers as well. Whether any of them keep going is anyones guess though. I just trust in the probabilities
I will endeavor to post charts showing my daily trading activities in as real time as possible. However when there are fast market conditions there will be several minutes delay while I sort out my positions, then get around to posting the changes here. I trade off 5 minute charts in conjunction with 15 min. charts and pay close attention to 5 min. charts of the S&P 500 and QQQQ.