Wednesday, October 07, 2009


sold WLT and short now and I'm done for the day

sold OPXA

cover VECO

stopped out STEC

bot OPXA

bot WLT

short STEC again

sold SRS

sell FAZ here as well

knowing that lots of whipsaw action happens when markets are hitting intraday support levels I'll cover STEC and take profits


bot SRS

















cover ERX

bot FAZ


short STEC

















cover V
cover PWRD flat

going into the afternoon session with this observation, if the QQQQ breaks daily support things are going to crash if not they will bounce or whipsaw.
be prepared for anything and take profits

sold VECO and short it again

short PWRD
last post for a while, action is too fast.....

short ERX


cover VECO and long, short V




V












VECO


bot and sold V, no time to post with VECO action


the sell














the buy

sold VRSK

sold VECO and short now

back into VECO


sold VECO

















covered FMX
if you're superstitious, V and VIV are strong along with VECO and VRSK

back into VRSK

VECO making new highs

sold FMX took profits , short now

FMX exploded



COP popped when no other oils were so I shorted it , now covered and gone long. a big stock like that has a reason for a move like that so I want to ride the coattails of the buyers

sold on that doji










covered and went long











originally shorted the pop
gotta go for today.
PWRD short working SRS long working VRSK bouncing again

sold VRSK

caught the falling VRSK knife

VRSK seems stalled so I'm out out it. will keep an eye on it tho



rebot SRS
















had a good short in PWRD earlier today and it's heading back lower after the pop
re bot VRSK
sold VRSK

markets made a dramatic reversal so there are many stocks that are making new highs. check out your watchlist or new highs ticker and pick one or short the inverse ETFs


S&P and QQQQ

sols SRS

VRSK popped up on th enew highs indicator bucking the overall market trend


VRSK

SRS is climbing.


Lately when the markets drop there is very strong momo to it. Today is no exception to that. Countless shorting opportunities abound during these times or you can play the inverse ETFs such as FAZ SKF TZA SRS . Can you walk away and be confident that you will be right all day? Never. But as the buyers and sellers struggle for control great trading markets present themselves. Keep an open mind, take profits as they are offered up and trade with whatever side is the winning side in these moments.

S&P and QQQQ




FAZ