Activity for 5/6/11

stopped INFY -1.13 / -2%
As I have seen saying in previous posts, remain patient and stay cautious.  The market is in choppy phase.  Let it correct.  Wait for the institutions to tell you to enter.

Activity for 5/5/11

stopped WTW 74.50 +7.57 / +11.3%

Activity for 5/4/11

stopped UNP 101 +1.78 / +2%
stopeed RES 23.50 -2.96 / -1%1 (last half)
stopeed FARO 40.80 breakeven (-.20)

I can't trade AAPL, but I'm eyeing it, showing relative strength compared to market.

Activity for 5/3/11

stopped MELI breakeven
stopped CAVM 46.90 -1.2 / -2.4%
sold ALEX 51.97 before earning -.96 / -2%
stopped LXU -2.3 / -6% (last half)
stopped RLD -1.25 / -2.4%
stopped ANF breakeven
short INFY 63.88

Activity for 4/26/11

stopped AG on gap down -4.45 / -19% / -1.12 / -5% (2 holdings)
sold RAX in front of earning +1.75 / 4%
daytrade AMZN long 199.49 to 200.25 +.76, long 201.22 - 202.10 sold 3/4 +.88, sold last 1/4 at 201.88 +.66

Activity for 4/29/11

sold 1/2 RAX 46 +1.75 / +4%
stopped remainder RHB 37.10 breakeven
sold 1/2 FARO +1.86 / +4.5%
sold remainder WFMI -3.22 / -4.8%
sold 1/2 UNP +3.83 / +3.8%
sold 1/2 ANF breakeven
added to IL 31.81 reports 5/5

Activity for 4/28/11

Stopped on majority of WFMI 63.24 - 2.76 / -4%

Activity for 4/26/11

sold LUFK -5.95 / -6% gave it too much room
sold 1/2 RHB (from 3/30/11) +1.92 / +5.1%
sold rest of SFLY (before earnings) +2.82 / +5%
stopped 1/2 RES -1.21 / -4.6%
stopped 1/2 LXU -.64 / -1%

no new positions

Activity for 4/26/11

Sold 1/2 SFLY at 55.03 +2 / +4%
Sold 1/2 OPEN at 117.38 +4 / +4.1%
Stopped rest of OPEN breakeven
Long UNP at 99.05
Long ANF at 70.68
Long ALEX at 52.93
Added AG at 20.64

Activity for 4/25/11

Sold 1/2 of NFLX on pop in morning at 253.71 +4.48 / +2%
Stopped rest of NFLX at 249.40 +.17
Sold WAB at 68.62 breakeven
Stopped on ATK short at 69.23 -1.37 / -2%
Long RLD at 30.61
Long AG at 23.80
Long FARO at 41.10

Very much long, but when the music stops do you have a chair to sit in.  Cautious here - doesn't mean I'm going to sell everything tomorrow, but...  Letting the market tell me what to do.  But it does feel like we are climbing a wall of worry.  

Watchlist for week April 25

Longs: RL PEET, NXPI, ALEX, JOSB, FARO, AG, KAMN, PRGO, IMAX, ANF, INFA, CHSI, BKE, HP, RHT
Shorts: TM, CHL, SCHL, CP, RIMM, SNX, NOC
Some of these names have earnings this week.

Recap for 4/18/11 to 4/21/11

http://www.youtube.com/watch?v=ixsguNUM1t4

April 21, 2011

Sold 1/2 MELI at 89.97 +3 / 3%
Long IL 31.63
Long WFMI 66
Long RES 26.46
Long NFLX 249.23
Long OPEN 112.69
Long LXU 40.14

April 20, 2011

Liked the action today - now lets see if it holds. Stocks on the radar:
RES, WFMI, TSU, ARW, IL (stopped earlier in the wk. and popped today - for me too late, but may enter), OPEN, NFLX, AG, LXU, APKT - earnings on some of these are next week.

Stopped GES 39.15 -.73 / -2%
Long RAX 44.25
Long LUFK 95.95

April 19, 2011

Stopped BIG breakeven (+.16)
Shorted ATK at 67.86
Long WAB at 68.63