Wednesday, February 03, 2010


sold ADS

sold ILMN

cover VRSN - slow grinders are not my forte'

bot ILMN

cover COF

short COF

cover ADS and taking it long

short VRSN


















short ADS

cover TNA

cover FCX

sold TAM

cover TAM and long it now


short TNA


















short TAM

reshort FCX

cover FCX

cover TNA, not much downward force

FCX making new lows

take profits in AMZN since it didn't move down with the rest of the markets

watch the ETFs like FAZ , SKF and TNA, FAS to move nicely if the markets break.

TNA here

AMZN shot up in what seemed to me like a desparate attempt to get some short covering happening. So I waited for it to stall and then shorted it near the top.