Sold LMDIA at 24.75 for profit of 1092.5

holding HOTT and GIS
Looks like the market is ready to head south. Time to clean out longs.

Virtual Stock Portfolio Update – Letting LMDIA Run

we passed our target for LMDIA today. The stock has shown some really great strength, and just broke out of a bullish symetrical triangle, a continuation pattern. Moving stop up to $23, our orginal target.

Hit trialing stop on FL at 10.75 – Virtual Stock Portfolio

closed out entire position. I’ll send out full values tomorrow morning

 

S&P 500 Forecast – Is the S&P 500 running out of gas?

After a spectacular rally from the lows seen last month, the S&P appears to be running into overhead resistance.
Is this the pause that refreshes, or is this the pause that reverses the market back towards the lows?
I have said for some time that I was not that confident that this rally would continue as our [...]

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Plenty of Fear and Shorting left: Interesting Observation About S&P 500 Forecasts

Over the past 2 years, i’ve been posting S&P 500 forecasts anytime there is a major change in direction coming.
I’ve noticed since mid 2008, I get about 3 times more traffic on down days for the search term S&P 500 forecast.
Today, on a minimal down day, I have already received about 3 times normal [...]

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