7-2-12

I don't have a good feeling about the long side as we are still OB.

However, I have taken some feeler long positions:
BMY 36.32 tight stop - didn't realize they acquired AMLN until after I purchased
S 3.33 - sold 3/4 of position today, stop at entry
MON 83.32
V 126.06
TRIP 46.75

stopped on rest of CBM

07-01-12

Most likely will be a quiet week with the 4th.
Oscillator say overbrought

But top long ideas: BWLD, AMGN, GNC, LNKD, EBAY, MON, V, BMY, AMZN, AAPL, UNP

6-29-11

stopped on AAPL 575 ouch
BOT CBM avg 9.33 (stop at moment 9.33) looking for 9.75- really wanted this one to consolidate first

Seems to be change of attitude and some money coming in - time will tell

6-28-12

sold half of WMT at a loss at 67.95
short AAPL 566.34

6-27-12

watching/looking to enter a short in CMG - funds selling this one hard today.  looking for a bounce before heading lower, but can see this one at the 200DMA (currently around $368)

6-26-12

sold remainder QCOR 52.61 - higher volume to the downside in a up market today - to me topping action

6-25-12

In an official correction according to IBD.  While the market was down my positions (WMT and QCOR) actually held up.  WMT is more of a defensive play consider the happenings in Europe and the chart looks good. Additionally, people will still shop and buy food.  Still room to the downside.

6-22-12

BOT QCOR 52.19 took majority of profit and now a breakeven trade if stopped at 50.60
No trend emerging - this market is just chop

Stock on the A watchlist is CBM - nice volume today would like to see some consolidation next couple of weeks - would work nice if consolidated during these slightly overbrought conditions

weekly

 monthly (with some resistance pts)

6-21-12

stopped CMG 412.5

As I said, the market was OB - action very negative today.

6-20-12

stopped BWLD 84.5
BOT WMT 68.21

6-19-12

stopped AAPL583.39
added CMG (small) avg. 414.41
BOT BWLD at two different points avg. 88.08

6-18-12

In and out of APPL and CMG today
holding small long AAPL 584.50
holding small long CMG 411.33

the CMG chart looks better
thinking market may move higher, but we are in overbought territory.

6-14-12

pretty much breakeven on AAPL and CMG
covered AAPL at 571.53
covered CMG at 398.91

6-14-12

stopped remainder AAPL 571.24 and CMG 389.91
Cash except for ASPS position

6-13-12

sold rest of BGS at 26 - +11%
sold 1/2 of ALXN at 93.06
stopped on last 1/2 of ALXN at 92.38
traded AAPL and CMG took majority of shares off to avoid overnight risk, but still short small AAPL at 575.08 and CMG at 398.09