Wednesday Trades

WED 12/1/10 [Tighten up your watch list]

OUT
LMT(ALL) – Took profit on pop.
OI (1/2) – Took loss on pop.
IEF (ALL) – Took profit on short.

IN
UUP – Started position on weakness.
BUD – Started position on strong technical levels.
DE – Started position on strong tech levels.
DB – Started position on support levels.

Portfolio

Wednesday Trades

WED (11/24)

Considering taking profits into continued strength on Friday.

OUT
LLL – Took profit into strength.

Holding
IEF (short)
MAR (short)
CME
DO
LMT
MU
OI
S

Tuesday Trades

TUES (11/23) [buy when there’s blood in the streets]

IN
MU – Started position. Great relative strength.
CME – Added to position. Cheap premium.
LMT – Falling wedge. Triple bottom.  sitting on the lows.
LLL – Started position on long-term TL support.

Watching
/ZN – looking to 126’05 to put on short position on the 10-years.

OUT
MELI – Took remaining profits.