Friday, July 27, 2012

Nimble...

This business does not pay to be stubborn and unflexible...took me many dumb trades and loss of capital to realize that lesson...not going to do it here...

this market is headed higher, so it is pretty clear I needed to do something....SO:

Lots and lots of trades this morning...I sensed a big move coming (I just thought it was going to be down!)....after review of all my go to individual charts it is apparent to me that the big move is underway only it is on the UPSIDE!!!!  ...previous highs are doable in near future around 1420-30...and an outside change of the previous 2007 levels of +1500

during pre-market / opening minutes of trading I covered all my shorts except SBUX....I also took long positions in GOOG ($619.28) & CVX ($108.62)...charts to follow

Shorts Covered @:

DE $75.45
EEM $38.97
EWA $22.91
EWC $26.27
EWG $19.95
EWI $10.46
EWJ $8.99
EWL $23.13
EWP $22.09
EWQ $19.41
EWU $16.43
EWW $62.69
EWZ $52.31
FXI $33.61
LNKD $96.63
PIN $16.47
RSX $26.47






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