I am really in this business for Money.

Positions. 110% invested.

http://stockcharts.com/freecharts/candleglance.html?GDX,HYG,IBB,IYR,KRE,MOO,SLV,XLU,XRT,XHB,TBT
TBT 1/2
http://stockcharts.com/freecharts/candleglance.html?CCJ,FNV,GRA,MANH,NOV,ROST,SBH,TSLA,TTWO,EA,FB,xco
TTWO, EA, XCO, CCJ all 1/2 - drop/or/add

Going into "The Hole" i am $110% in all long. Tried to reduce portfolio size, but every time I sell something - there is bunch of stocks to buy.
This is a maximum amount of positions. For sure, its hard to keep an eye even on that many. So much so, that I can't keep up with this journal. That's very bad. Must bring the records up to date, ASAP.

Closed positions: (All still on watch list)
http://stockcharts.com/freecharts/candleglance.html?geo,rgld,qlti,vsi,xle

 

PF points to 1377SPX at about 50dma. This is the only one down target I see. All others point up to 1450 and more up. That aside, I can't say its all up and up from here. Just in case I have my stops all figured out, I'll take them and that's that. From here - a little push lower and we are going to test spring lows.

Yesterday I had a panic attack during the day. The last one I had was a year ago. Now, there was no specific reason for it. Unlike summer 2011, this year is  good to me. Account is pretty much at year's high. Summer of last year we where going into bear market, but somehow got turned up. Right now we seem to start a 3 to 6 month slow-moving, low-volatility bull market, but it's not confirmed yet. New highs on RUT (via IWM) and Bob's your uncle.

All the pressure build up for Jackson Hole, even tho I watch very little news nowadays, is badly affecting me and probably countless others. It's sick - how much power one man has over markets worldwide. I can't even guess what he will say and how markets will react to QE-or not-QE. In fact I will not be surprised if he says the same thing in 22 different ways, and market will draw a blank. Most importantly, I must avoid all this wrong-footed way of thinking, disregard the news and just look at charts. Its all there.

Watch lists

Silver. Add GDXJ on first reaction. SLW or AG or both.
http://stockcharts.com/freecharts/candleglance.html?SLV,PSLV,SLW,PAAS,CDE,AG,HL,SSRI,SVM,EXK,MVG,GPL|B|P5,3,3

Agriculture. I have MOO. Watching MON. Not sure of this list, need to check fundies.
http://stockcharts.com/freecharts/candleglance.html?moo,MON,POT,MOS,SQM,LNN,BG,VMI,AGU,RNF,AVD,IPI

Games. TTWO makes most bad-ass games. Watching GME, EA, TTWO, ATVI.  Also MGAM
sne, ttwo, gluu have no E.  GME pays 5.5%div.  GME 37%sh (14SR!). GLUU - 22%sh; TTWO - 17%sh.
http://stockcharts.com/freecharts/candleglance.html?GME,EA,ATVI,IGT,TTWO,game,gluu,ntdoy,sne,pwrd,ntes,cyou

Marketing Services. Mobile advertisement
Everybody talking about MM(has no E). Huge short interest on VCI (28%), CTCT (24%), VELT (29%).
YELP si is 51%, but i think its wrong float numbers.
http://stockcharts.com/freecharts/candleglance.html?goog,fb,p,yelp,cco,mm,vci,velt,arb,ncmi,ctct,hhs,mdca

Assorted watch list. Long and short
http://stockcharts.com/freecharts/candleglance.html?LNG,DDD,GME,SD,IDTI,CRUS,MD,ARII,SHLD,ALGN,HCN,mgam

Read: Devil-Degenerate is not alone.

Devil-Degenerate Gambler has been gone for months. I know all too well, he is just around the corner . Waiting. I know as soon as I drop the guard he will piss away profits, buy a bunch of pink sheets and shit into my Ikea pleather chair. I keep a watchful eye and more... he is not alone:
Meet the Evil Trader
http://www.roguetraderette.com/2012/08/23/my-top-10-favourite-self-destructive-trading-thoughts/
Thanks, Jess

Read : Market Folly Q1 newsletter

What the big boys are up to:
http://www.hedgefundwisdom.com/wp-content/uploads/2012/08/Free_Q1_2012_Issue.pdf

Read: Moon phases --- I'm not crazy!

Sheer Lunacy staring at the Heavens

http://www.markettiming.nl/img/image/file/RBS_MoonTrading13Jun10.pdf



The proposed trading strategy can be summarized as follows: buy an index on
the new moon (if this is a non-trading day, buy on the next trading day), hold till
the full moon (usually 14-15 days), sell the index on the full moon (similarly, if
non-trading day, sell on the next trading day), repeat the investment of the
overall amount on the next moon cycle (usually in 14-16 days), enjoy your profits!
S&P500 Data since 1928. £1,000 invested in 1928 would be £63,894 today but by buying on the New Moon and selling on the Full Moon it would return £1,502,689

BOT: TBT._____SLD: 1/2 GEO.___Watch list

 Bot: TBT @ 15.83.    I had it before, but sold on 5/17/12 @ 16.70(with large loss)
Sld:  1/2 of GEO @ 25.70.  Watching 25 area for further instructions.

 SBH (that I sold yest.) is a possible re-buy.

Consumer mega-stocks
http://stockcharts.com/freecharts/candleglance.html?IYC,WMT,DIS,AMZN,HD,CMCSA,EBAY,COST,TWX,NWSA,TGT,TJX

Chemical  , also POL
http://stockcharts.com/freecharts/candleglance.html?$CEX,FSCHX,DOW,LYB,PPG,TPCG,FTK,FUL,EMN,CHMT,MEOH,gra

SLD: NOV , SBH

Sold on Monday, Aug 13:
           NOV on stop 76.15. Looks a bit stretched. Possible re-buy.
            SBH on stop  26.50. Closed the gap from mid-June and looks to be turning down.
Both stops are too close. I made this mistake before

Listen : Alexander Elder in Russian

Wow, Im impressed. Read one of his books long time ago.
This guy is even better in-person than I expected.
Thanks, Sasha.

Listen : DEBT BOMB

DEBT BOMB - The Global Financial Crisis Stripped Bare

Read: Information Diet

"Program your mind or someone else is going to do it for you ."
Molecool of EvilSpeculator.com
Thanks, mate.

Information Diet

http://evilspeculator.com/?p=29347

Possible short list

Just for shits and giggles I looked at some bearish patterns.
Lo and behold, there is more:
http://stockcharts.com/freecharts/candleglance.html?SFD,BX,TCB,DVA,MRVL,NTAP,GLW,CAH,ELN,TCK,RBA,OMPI

http://stockcharts.com/freecharts/candleglance.html?avp,wlp,sbux,apol

Listen : Show me the Money

Where is MY money?

iBergamot is 120% invested

I should be scared. I was. Now I'm not.

Positions:
http://stockcharts.com/freecharts/candleglance.html?ccj,fnv,geo,gra,manh,nov,qlti,rgld,rost,sbh,tsla,vsi

http://stockcharts.com/freecharts/candleglance.html?gdx,hyg,ibb,iyr,kre,moo,slv,xle,xlu,xrt,xco

 Shit, I knew it:

 A Gap Pattern Suggesting A Pullback

 http://quantifiableedges.blogspot.com/2012/08/a-gap-pattern-suggesting-pullback.html
Thanks,  Rob.

SLD: HOTT

Sold HOTT on stop 9.39. Lucky me. I guess short squeeze is a bust... lol
Lurking to re-buy TSLA and CCJ.

New Watch

http://stockcharts.com/freecharts/candleglance.html?CCJ,TSLA,MON,MOS,GRA,MR,ATHN,ROST,TJX,SBH,YELP,FB

http://stockcharts.com/freecharts/candleglance.html?xhb,aec,clp,nov,vlo,xco,xle,oih,ige,manh,sfly


Bottom picking. Only one I like is GRP, but it may change.
http://stockcharts.com/freecharts/candleglance.html?EA,IRBT,CAJ,FB,LXK,NILE,GME,CMG,COH,DECK,GRP,tif

developing...

Unusual activity on August 1, 2012

http://stockcharts.com/freecharts/candleglance.html?spy,mcp,ree,gdx,rgld,fnv,trx,ddd

That was Knight Capital HFT computer gone crazy.
They lost some 400mil in 30min. KCG from 10 to 2.

SLD: DDD, DLX, TSLA

Sold DDD at 35.50 on huge drop, that got reversed almost immediately. dont want to touch it .

Sold TSLA on stop 27.05 (filled at 27?). Where is liquidity, when I need it? Will buy it again, as soon as it stops falling.

Sold DLX before close at 27.64. Bearish engulfing.

There will be no QE3, no money. no, no, no...