Tuesday, September 09, 2008

VIX, QQQQ, $37? BUCY Coal equipment.

TRA +10%
UPL +12%
WFR +5%
XLE +3%
XOM +2.5%
closed out these positions
HD short +8%

That'll be a day in infamy, when Vix = QQQQ,at $34.

QQQQ longer term prospects, aren't so good.
Today pretty much, told the whole story. The market is heading much lower, not " much higher"

I saw many a signal like BUCY.
So I loaded up on them. I 'm hoping for a mixed market in the morning, QQQQ up DOW down, would be nice. That'll give these a chance to dead-cat bounce.

I hope you used 3% stop losses on my 5 longs from yesterday's blog, cause I was stopped out or closed out every long, at opening bell.
HD and MLM shorts did great, AVID short is just long term hold at this point.

EMAIL ME !!! anytime