sold SOXL at 36.9; bought FREE at 1.24

Looking to reduce FREE size a bit, perhaps at 1.42.

Looking to buy TNA around 58. 

Long SOXL at 34.1, more FREE at 1.32

Trades were yesterday.  Too busy to post.

Out of FAZ

Small profit.

Long FREE, EDC, YINN, TSL, YGE.

Looking to buy more EDC, YINN, TNA.

We are in the early stages of a multi month up move.

http://www.mcoscillator.com/learning_center/weekly_chart/summation_index_promises_higher_highs_after_correction_ends/

Playing Defense

Still holding TSL, YGE.

Sold TNA at small profit, EDC small loss, FSLR big loss.

Playing defense.  Saving $ to buy. 

Long FAZ calls for a quick buck.

Sold much of TNA

Will sell more today.

May get some more downside.  I don't think Wave 4 is over yet.

Still long EDC, DRYS, FREE, FSLR, TSL, YGE.

Why I'm long EDC (and will be longer)

http://stockcharts.com/h-sc/ui?s=$SSEC:$SPX&p=D&b=4&g=0&id=p92645485225&a=241969919

Two Possibilities

There are two possibilities in my mind:

1) We go down another 3-5% in the indices and then go up for 3-6 months. 50% probability

2) We go straight up from Monday. 50% probability

I am invested for Option 2, but am saving a little dry powder in case of option 1.

Selling half TNA around 56

Sold around break even.

Will buy more lower, if we go lower.

Still long EDC, EEM calls, DRYS, TSL, FSLR.

Looking to go long FREE in the 1.30s.

Sold 75% of FREE @ 1.65. +55%

Will buy more in the 1.3 - 1.4 range.

Edit: Sold last 25% at 1.88.

Will buy more 1.33 or so.

Bought more DRYS, EDC.

Bought more TNA 53.7, FREE 1.01, EDC 95.7

Trying to reduce average cost of TNA; will trade position accordingly. May not post all buys and sells.

Solars jumping!

TNA

ST (1-5 day) roadmap for TNA

56 -49.5 - 60.

Trading

It seems that I am getting some readers, so I'd like to clarify my trading style.

I trade out of two accounts, long-term (swing) and short-term.

Because I cannot watch the markets on an intra-day basis, and because I am not always patient (something I am working on), in my long-term account, I tend to buy dips/sell rips rather aggressively, but in steps. (Buy dips in a bull and sell rips in a bear.)

For instance, I bought TNA at 60 at 53 and I plan to buy around 49.5 if it gets there. *I know* I will make money on this trade.

In my short-term account, I trade and scalp equities. This is when I can watch the market more closely.

My goal is to become a more accurate trader in the LT account as well. In this, I am working on more patience. This is the most important quality of a trader, and I need more of it. However, I recognize that I cannot be perfect, and I am not pursuing perfection.

Just FYI, my LT account (most trades are published here) is up about 35% in the past six months. It will be up at least 30% from its current level within the next 2 months, give or take.

If and when I have time, I will start a blog trading record, with $ amount of all trades.

Bought TNA 53.1

Longing to be longer

Wish I had more money so I could go more long. Not much more downside now.

Just one of my many charts saying, "Go long, son."

http://stockcharts.com/h-sc/ui?s=$RUT:$SPX&p=W&b=2&g=0&id=p99231677792&a=246602289

Bought TNA 60.07, TSL 6.55

Looking to buy more TSL (6.3) or FREE (1.01).

Bottom tomorrow

Resurrection Monday.

Will try to buy TNA at 59 and change. DRYS at 3.18

Bought JCP at 35.01, YGE, more FSLR, TSL

JCP calls and stock. Will sell part position at 36. Holding much of it for target $47.

YGE 3.6 or so

FSLR stock 24.7

TSL calls 6.9