You Have To Expect an Element of Uncertainty

Today has been another day of doing very little.  I bought a small starter in FEYE and stopped out on some weekly FSLR calls and stopped out my WB calls.  I simply did not have patience to stick with WB when it broke consolidation lower.  The throwback was the real tell that the trade was mush for me.

The Nasdaq June electronic miniature futures contract hit all-time contract high today.  There was a sharp selloff, but it put us into another neutral print.  The trend is still favoring longs, and I will see the rest of my positions into the new month, June, the finest month of the year.

So embrace uncertainty, know you risk, and execute like you always wanted to.  Now if you will excuse me, I have a poolside conference call at 3:15.

Stop by over the weekend for some auction theory.