iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

CHESS MOVES

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Despite how resilient the market has been today, I am not convinced that we have ended a much needed consolidation. Therefore, I made the following trades:

  • I booked profits in $NTCT and sold out.
  • I booked profits in $MELI and sold out.

All trades are timestamped inside The PPT.

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TOTAL PORTFOLIO:

EQUITIES: 42%

  • LONG: 34% ($ROVI $TQNT $RINO $CTXS $CMG)
  • SHORT: 8% ($LULU)

CASH: 58%

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3 comments

  1. Yogi & Boo Boo

    Still feels like a constructive consolidation to me, rather than setting up for a trip to the bottom of the range. I would guess a green close would be very good.

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  2. chessNwine

    I welcome the discussion. I am at the gym now trying to get my fat ass in shape. i will respond tonight.

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