I’m finally done with moving and just got my internet connection up. It looks like I’ve missed some interesting days.
My 3M short was stopped out.
I’ll update more later.
I got into the GM bearish trade a little early but it seems to be turning my way now. I purchased the Sept 35 puts at $1.90. My target is a $33 price on the equity. It looks like we might get there sooner than later.
Options do not show up on the Covestor.com service so you’ll just have to trust me.
While I’m away, I wanted to post some of the recent developments with Metalink.
MTLK WLANPlus wins Wi-Fi Alliance certification
I’ve shown my TD Combo summation indicator (based upon TD Combo) previously. Here is the TD Sequential countdown for the Nasdaq 100 weekly and daily chart. Both are on sell signals.
It might be a good place to pick up some QID shares with a very tight stop.
Well I took the plunge. I signed up with Covestor.com so you can now track my trades. The idea is to link with my broker so Covestor.com can credibly display my results. Unfortunately, Covestor does not have an agreement with Tradeking so I’ll have to send them my broker statements manually.
I have already sent them my first one. Click on the Covestor link to the right to see my holdings. Here is what I own and the cost basis associated with them.
Long:
Short:
With such bubbling enthusiasm it is no wonder why Rikki Tahta is a successful entrepreneur. I’m thinking about signing up with his website. Covestor.com
The percentage of stocks below their 200 day moving average is moving up, but the overall stock market seems to be holding up fine. Is this an indication of a sick market? Maybe. What is strange is that the last few corrections have been accompanied by spikes up in these indicators, not the slow increase that we are seeing right now.
My blog is worth $10,726.26.
How much is your blog worth?
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