MCP

MCP short

More Cash Please cover

MMM

From the hitting new lows ticker

MMM short

cover MMM

BG

BG from earlier today

short entry

exit

New MP3 link

A short new affirmation file to make you think. Put it in your mp3 player, plug in the headphones, repeat the words as you fall sleep, listen all night for subliminal programming.

http://www.badongo.com/audio/24453555

GRMN

shorted that GRMN pop

covered lower down

MCP

MCP was a no drama trade.

entry.

it grinded $1 higher, time to exit

GRMN

GRMN hitting new highs carries it higher.

entry

sell into that emotion moments later.

exit.

CMG

I try to keep a very open mind about what levels a stocks can trade to.

I'm sure CMG makes very tasty tacos and burritos. MMmmm tacos and burritos.

I'm not so sure that it deserves to trade at $200 or have a $6 billion market cap. Well there is no denying it is up there so I am happy to trade with the momentum but its time to take profits and look short soon.

1st chart is CMG entry

sell CMG. burp.

TNA TZA

A couple of b- ute-tees,

TNA short entry

add to it when it goes my way

cover, take profits in TNA when the sell off goes extreme.

TZA long entry

sell TZA into the buying frenzy

Losers

I keep my losing trades small and just because I don't post many doesn't mean I don't have them. I have plenty every day. They are always kept small and unremarkable because that is what my system forces upon me. Here are two to look at.

SVNT entry

SVNT goes past previous candle low and stops me out

VRA entry

VRA quick snap back stopped me out

SYK

Took a while to develop but SYK turned out to be an ez short

SYK entry

SYK cover on doji

TZA

TZA long entry

TZA sell into that strength.

Wait.

TNA

TNA short entry

Buy TNA, cover into that weakness.

SYK

Timed SYK short pretty good.

cover SYK

Volume in SNDK

When I see volume like this come into a stock it means it is in play. Jump in and aggressively add to it.

SNDK jumps up

These days its safer to take profits after a move like this and keep it on the radar for later trades...

Information display-food for thought

I've noticed that when I look at other bloggers charts they seem very cramped and crammed with information compared to mine. I've worked hard to keep things simple and found that it is the best way to operate in trading and life.

In regards to momentum charts what is important is not what happened yesterday so my charts start from today and do not include yesterdays data. My vertical scale seems much greater than the other charts I see. After all, vertical movement is what we make money from. The horizontal movement as the day grinds out is not as important. This makes up the top 2/3rds of my screen. Give it room to show you what it is doing- don't scrunch it down.

Volume is traditionally a key factor but sometimes is marginalized these days so I give it the bottom 1/3rd.

I only view 1 chart in 1 time frame at a time. I will rapidly scroll through my list but always can view only 1 chart at a time. This brings all my focus on that 1 stock and the changes are also evident from when I last viewed it. This is probably the most important point. my peripheral vision is not subconsciously distracting me.

Here's some quotes on simplicity you'll enjoy and maybe take to heart:

Plato - "Beauty of style and harmony and grace and good rhythm depend on simplicity"

Leonardo da Vinci - " Simplicity is the ultimate sophistication"

http://simplesapien.com/23-super-simple-quotes-about-simplicity/

NFLX From the top down.

This NFLX short was just a high probability shot in the dark as I saw and shorted AAPL at the same time when they popped , then stalled a bit.

cover NFLX.

take profits.

wait.

CRM

Obvious doji in CRM is a high probability entry point,

cover and take CRM profits when it hits previous low.

CRM

Who among the short seller crew has not been waiting for this thing to come down?

CRM short entry

CRM cover

NFLX

Shorted NFLX on a pop

QQQQ popping up strongly but...

NFLX is not. That tells me it's weak.

Sure enough it drops. Time to take profits and watch for later opportunities.

V

I had no good reason to short V except that the market was weak.

cover V take profits, buy it for probable bounce

sell V after it makes a V

Worlds best tomato soup recipe

Some simple pleasures in life can set your mind at ease. Here is one...

It's been a bumper year for my cherry tomato plants and after gorging on them breakfast, lunch and dinner, some more creative ways to eat them had to be devised.

If done correctly the following recipe will knock your socks off:

Use only organic ingredients.

3 cups of cheery tomatoes

1/2 red pepper

1/2 cup of broccoli tops

1 medium apple, slice it up leave the skin on but take the core out

1 medium pear, slice it up leave the skin on but take the core out

1/2 shallot

5 basil leaves

3 cloves of garlic

1/2 teaspoon of sea salt

1 pinch of pepper

1 tablespoon of sugar

1/2 cup of water

Put everything in a blender and puree it for a minute or so

Heat on medium but don't let it get too hot or it'll lose a lot of goodness

Shred a small handful of Havarti or Gouda cheese put it on top and let it melt.

Serve with fresh baked sour dough bread, lightly toasted and heavily buttered.

Forget all about the market....

GMCR drifting

Markets are drifting at the moment, better to take a little profit and wait for what happens. The perfect Machiavellian plan would be to run it up to new highs and kill the shorts.

GMCR act IV

Gone short again in GMCR

GMCR act III

Got stopped out of GMCR and kept the loss small. It's great to make money but if you don't cut the losers small you will be finished.

Now just keep an eye on GMCR and see which way it goes.

GMCR act II

after covering the short, the only play is to take it long and play the bounce

GMCR long entry

bounce turned into a mini trend change, giving pesky short sellers pain for not taking profits when the candles said to.

I'm selling here into the surge of buyers and taking it short again as the markets are pointing down.