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Technical Analysis with chessNwine

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

In Warrior Mode

chessNwine Wed Oct 1, 2014 10:13am EST 2 Comments

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I sold half of my TKMR Long inside the 12631 Trading Service at the open, around $25.50, to lock in an initial 19.1% win.

I also scaled TZA for partial gains, and am riding JO UNG for winners in commodity space.

WEAT is disappointing so far for me, and I just cut a bond short I put back on at the bell yesterday for a loss.

Still, I am pleased with how I am positioned into the Russell 2000 Index continuing to lead this market lower.

As it stands, I am inclined to let the correction play out, while still stalking fresh shorts.

One idea I am considering here is SOXS, triple-short the semiconductors.

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2 comments

  1. UncleBuccs
    UncleBuccs
    October 1, 2014 at 10:26 am

    Chess – great work. You’ve been all over this, man. I may have cast a dark cloud over your WEAT last week. Apologies. http://ibankcoin.com/flyblog/2014/09/25/the-wheat-gods-are-hangry/#comment-449976

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