Wednesday, January 13, 2010

Trade updates

We traded the plan from last night from the blog post and newsletter picks. It worked very well and once again buying support in this bull market paid well.

We have sold all the positions we added into this rally and some partials from yesterday (CTRP sold into the open, WYNN took some off, sold partial DRYS) are now left with small core positions we'll keep -- with stops probably around today's low on most of them.

The arrows represent the buy spots we either put in newsletter or in the blog post last night.

Today we kicked ass -- but we are fully aware that a day will come when we're going to get our asses kicked from buying support. Until then, enjoy.

Update: we sold the rest into this rally and are now completely flat in all accounts.