iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Raised Cash

Well, the morning push failed to hold for the bulls, and I was forced to takes some chips off the table. My current sales include: DDD, UCO, XIN, TVIX, GLUU, ZNGA, & ZAGG. The only loser was ZAGG.

Current Longs include: AAPL, HEK, & IMUC

I don’t like the way this selloff left a few candles on the major indices. I’ve raised my cash levels significantly this morning, and will wait for better opportunity.

 

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3 comments

  1. Tpain

    Love the IMUC!

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  2. Zenhunter

    RC, thanks for reminding me of $IMUC. When I saw that it was up, I bought back starter position.

    Let’s see if this one can buck the general trend.

    Cheers!

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  3. lol

    I’m waiting for a close below the recent low to liquidate. 14382 in the dow. $SPX looks pretty constructive still imo. Not exactly adding more at these levels yet though.

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