Momo in POT is not strong so I'll take the $ and trade it short again.

VFC is heading down so now a short is the better trade.

Rotate into something that is moving.

POT long

VFC has stalled so I'll take the profit that the markets offer up. Any way you slice it a .30 gain in 5 minutes is a good trade. I can always re enter the trade if it breaks to a new high. What I will avoid by taking the profit now is tying my money and focus up if it flatlines or watching unrealized profits dwindle if it falls back down.

Momentum is the key to zero in on. It sounds basic but never try to swim against the tide. Go with it instead. Take VFC here for example. It's just shown up on my hitting new highs alerts. I've never seen this stock in my life and have no idea what they do. At this moment it is hitting new highs. There is a high probability then that it will go higher. I need no facts, rumours, conjecture about why. Green candles are saying it is going higher so taking a long position is merely going with the flow.

I'll bank those quick drops and look for others

POT

RIMM

Opportunities in todays market conditions.

It 's been choppy trading lately but don't let scare you away as one never knows when the next opportunity will arrive. The key to trading today for me is the same as ever, 1. Spot the momentum 2. Trade my plan.

Lets take a look at a couple of stock that I used to trade but haven't in quite a while.

Red candles in the S & P and QQQQ say that momentum is to the downside, so

SHort POT

Short in RIMM