Wednesday, October 26, 2011

Tuesday, October 25, 2011

Be careful market is in no mans land now. Europe summit pushed back.



I am trimming back on some positions now.  Market needs to make up its mind.  There will be plenty of more trades on the horizon. No need to get greedy now. A good re-buy point is after the SPX hits the 50sma on the daily.


Friday, October 21, 2011

Friday, October 14, 2011

You can pretty much short anything into next week

I think shorting is a good idea into the end of Friday and into next week.
SPXU is a cheap way to go. It is the inverse of the SP-500. 

Monday, October 10, 2011

Hope you made some money on that 850 point rally!!

You all should have made a bunch of money if you followed my last post! 

850 point rally on the DOW(DJI)!


101 Points on the SP-500(SPX)!

Be careful into the end of the week. I think we might pull back hard Thursday and Friday.

1215 is SPX resistance.  Try to take some profit near there.