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January 2009

Positions Review

CVC – Chart action is looking sloppy and I missed the chance to sell some calls.  That aside, I am a customer and while they have a lot of debt, they are a solid company so I’m sticking with it.

Last Updated: Saturday, January 31, 2009 6:25 AM

New Positions

Monday 1/23, YUM had been pulling back and I considering adding more.  On the way down it paused at 28.5 and I nearly picked some up there.  I waited it out and it got as low as 27.6 then rallied back
Last Updated: Saturday, January 31, 2009 6:26 AM

Weekly Update 1/30/2009

Overall 44% stocks, 56% cash and equivalents.  Stocks position up 2% since last week due to new positions in YUM, QCOM and MYGN.
Last Updated: Saturday, January 31, 2009 6:28 AM

MYGN

Picked up some MYGN.  Price pattern looks bullish and old resistance at about 70 has become support.  Earnings due next Tuesday so tread carefully.  More to come in my weekly update. 
Last Updated: Friday, January 30, 2009 11:37 AM

Positions Review

CVC – Stock is pulling back and close to support at the lower trendline and lower range band.   If this stock pull back much more, I may have to pull the plug.ETFC
Last Updated: Saturday, January 24, 2009 7:07 AM

New Positions

Price action Tuesday was abysmal and I nearly went off the deep end and sold everything.  I did sell my position in ETN just above 46.50.  Like I said last week, I didn’t have a lot of conviction in t
Last Updated: Saturday, January 24, 2009 7:00 AM

Weekly Update – 1/23/2009

Overall 42% stocks, 58% cash and equivalents.  Stocks position up 2% since last week due to new positions in RIMM. Last Updated: Saturday, January 24, 2009 6:58 AM

Range Bands Code

Since my shared chart doesn’t contain the range bands, and in response to some feedback, below is code for range bands.   Follow these steps:- Right-click on an empty area of a chart and s
Last Updated: Saturday, January 24, 2009 7:22 AM

Positions Review

CVC – Chart still bullish since range bands issue a buy signal back on 12/5/2008ETFC – Terrible week for the financials, but I’m still a believer in ETFC as well as a customer

Last Updated: Saturday, January 17, 2009 11:01 AM

New Positions

RIMM - I picked up another lot of RIMM in each account at about 47.20.  I was short the 45 calls, and in Thursday’s selloff, it quickly got back down to 45 and I had brief hopes by 45 calls might go o
Last Updated: Saturday, January 17, 2009 7:19 AM

Weekly Updates - 1/16/2009

Overall 40% stocks, 60% cash.   It’s been a bruising week for the market and hopes for
Last Updated: Saturday, January 17, 2009 7:17 AM

Range Bands

Range Bands are my favorite trend-following indicator.  Here’s how they are calculated:Take as input a number of bars lookback, default is 12Calculate the midpoint o
Last Updated: Friday, January 16, 2009 8:27 PM

Welcome to my Blog!

Hi all and Welcome to my Blog!   In terms of overall market exposure, i'm over %50 in cash right now.  I'm a trend follower and have been slowly scaling back into this market as it moves higher.  My t
Last Updated: Thursday, January 08, 2009 9:00 PM