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Thursday, July 11, 2013


Geomagnetic Storm continues for forth day non-stop. Its felt all around.
I received new funds for main account (LB). Now I should have enough money to run System 12 with single unit size, which is half of my standard position size.
I also got a new account (Z) to manage. Its very small, but has dual purpose. About 20% to be invested in Marijuana stocks, with the rest (only 3 full positions size) into dividend and interest producing instruments.

This is one helluva rally since June 24 bottom 1560SPX, up 100 points and getting overbought.
Is this a new structural bull market that will last for 20 years? That's what everybody is talking about.
I still have doubts.

7/5 - DDD 46.61 Half pos. Wanted to get it for a long time, but always miss a good entry point. Want more.
7/8 - FB 24.67 Half pos. Its like 5th time I buy it in 25 area.
7/10 - TBT 76.50 1Full pos. Adding to half pos, now I have 1.5 - too much - and it doesn't look good at close.
7/10 - DDD 47.89 Half pos. Adding on a way up.
7/10 - AMPL 18.02 Also in new Z account.
7/12 - TZA 26.19 Half pos of 3x short if IWM. May add more. Looking for 2-3 days down to under 100IWM.
7/19 - NM 5.73 Adding half pos on a way up. Now i have full pos on.

7/17 - TZA 25.62 Stop out for small loss - getting run over by bulls. Next time using TWM (2x short Russel2000) for less leverage and uniformity of positions.
7/18 - SRS 19.42 Sold way past any reasonable stop for 8.5% loss.
7/18 - SDS 36.89  Half stop-out.

7/15 - dividends received CCJ, PGH
7/19 - dividends received RGLD


Positions with cost basis size. (including commissions)
 JJG   1.03    This is my 3rd time going for grains from this post(link) . Since 1/8/2013 I only lost money on it, current position down 5%. I am being stubborn. Watching 48  for support.-- sliced thru it on 7/24, now watching for reaction. We are in or around 3-year lows on grains and all agriculture (via DBA).
BAL  0.55    I first bought Cotton at 56-57 in March, and lost 10% with exit 51.66 on 5/23 here(link). Ultimately support 50 held and 55 was retaken, and weekly chart still looks good. Then I bought Half pos size for 54.58 on 7/3 here(link) to see if I can trade it quicker, but maybe I not going to have to. Being right and loosing money... Hmm.... PFTargets on both sides, but longer term still 89

 NM  0.94  ER 8/19.  P/E 4!  P/B 0.49! My main concern was very high volume 10%+ moves since May 20. Makes it impossible to have a close stop, but it held nicely sideways, although with some Volume Profile (VP) deterioration.  PFT (5.40 met); 6.55; 7 and 7.50
TK 0.94   ER 8/5. Bot on 6/17 for 40.11. That was late stage breakout that failed on 2nd day, since then recovered. Possibly trending LVM, with some of the lowest Volatility in Main Account 1.62%W; 1.88%M. Need to go to 42 to confirm. Cluster of upside PFTargets 43; 45.75; 49, followed by 58.50.
Shippers are a strong group that nobody is talking about, even with BDI on a rise. Here is more: http://stockcharts.com/freecharts/candleglance.html?$BDI,SEA,KEX,TGP,TOO,TDW,GMLP,CKH,CMRE,STNG,DSX,drys|C|C20

 FNV 1.05  ER 8/7amc
GDX 1.49
RGLD 0.57  ER 8/8bmo
SIL   0.53
SLV  0.97
TRX 0.51  8.7% of float short. SR 19!

AMLP 0.96
CCJ 1.06  ER 8/1bmo. No shorts. On a weekly chart its a box 22-23 on top and 16.50-17.50 on bottom. Good VP. Generally anything north of 16 is ok with me, but for now I see support 21-20.50; my stop 19.75. If hit will look to pick a bottom of that box.
DDD 1.03  ER 7/30bmo.  27% of float short! SR 5.7
FB 0.50 ER 7/24amc.  No shorts.
EWJ 1.02
SCTY 0.51  ER 8/5.  17% of float short, but SR only 1.8. Price stands at 70% above 200dma and up 350% from 52W low - BEWARE!
TSCO  1.15 ER 7/24amc. I think its a confirmed trending LVM, with 2.09%Weekly and 2.22%Monthly volatility.
VNM  0.52.   If 18 is lost, I have to be out.

SDS    0.92
SRS  1.06  First I shorted Real Estate on 6/19 here(link) and stopped out with small loss. Then I took failed breakout on 7/3 here(link). Then it gaped past my Close stop above 67IYR on 7/11 and I exited only to buy it back next day at exactly same price. Effectively, SRS has 21.21 cost basis and a complete clasterfuck.
TBT  1.57
TZA 0.53

Incidentally, JJG, all gold and short positions would be disqualified under rules of System12 (under 200dma); also VNM, while barely qualified, still would not be available (under 50dma).

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