Fast Moves on a Slow Day

I have been very busy this week, making exhaustive preparations for what will unquestionably be the greatest holiday seen in la casa de Raul.  Garland, mistletoe, lights, and cookies—hundreds of cookies prepared to feed my diabetic friends and family.

Let me tell you, Martha Stewart is a dangerous woman.  She is the godfather of mass cookie production while looking fine for a white girl with a prison rap sheet.

I had a strong feel for the market today, based upon my perception of our placement in the sentiment cycle and some hound sleuth market profile work.

Anyhow, I sold AMBA but I will revisit.  I used these monies to promptly start a new long in GRPN.

I sold some YELP.  I took a 10 percent gain on 1/3 of a full sized position.  This is scaling and makes the psychology of swing trading much easier for me.

I sold shares of RVLT which I bought in September.  I am managing my way out of the ugliest chart I own.  This chart is so ugly, I am losing faith.  There I said it.

I sold ONVO.  Something about knowing the fickle retail base present had me looking for the exits.  I closed my runner our, +71 percent.  I quite liked seeing these types of returns, which has me weighing the thought of running an option book…this is still a seed thought.

The net result of above was taking my book from 100% long to a paltry 90% long.  I had a really difficult time selling anything, but I forced myself.

Solar caught a bid, with the Chinese burritos of the solar world catching a particular bit of strength intraday.  It will be interesting to see if follow through occurs.

Should I feel the need to get longer tomorrow, ZNGA is high on my to buy list along with SINA and perhaps I can catch a nip on one of the fuel cell beasts.  ZNGA daily chart is simply perfect.  Otherwise I will look to add to my existing longs, many of which I want more shares.

I must now return to the stove.  Good day market wizards.

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