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Insiders Club 8-23-2010 Bookmark



Okay folks, the market roared out of the gate, but soon lost it's mojo and now we're just up about 25 DOW points.  You can almost feel the fact that they don't have the volume to keep it running.

That's not

Insiders Club 8-20-2010 Bookmark

Insiders Club Update

4:55 PM

Guys, let's chat.

This is the "hard stuff" to talk about, so lets just get to it.

You all know that a few weeks ago the web site blew up. For the most part you all took it pretty

Insiders Club 8-19-2010 Bookmark



Well folks, this is really interesting. Yes I thought they'd keep us "slightly up" all week to burn off the put buyers. But today's economic news was so horrid, they don't seem to either be able to, or want to hold us up.

Insiders Club 8-18-2010 Bookmark



Well that stunk out loud. We took CREE at 60.20. It runs to 60.70 and rolls over. I could have taken the fifty cents, or twenty five or even a dime. Nope, I held to the stop and "blammo" gone. From up 70 cents

Insiders Club 8-17-2010 Bookmark




Well it's been a fun day to the long side.. and I just sold half my SPY I took on 1K shares at 109.31 and just sold half of it at 110.01.. so I'll take that 70 cent gift and let

Insiders Club 8-16-2010 Bookmark



Well I took CLF again as it poked above the days high. Wise move or stupid? I think it's going to be okay, but the day is so wishy-washy that I'm going to have to give it some wiggle room. I will place the

Insiders Club -8-13-2010 Bookmark



For many of you, you've been coming here and there's been nothing here for weeks.. since Aug 2. That's because we had tried to upgrade our site, by buying the latest greatest member managment system and it crashed the site. Nothing would work. I immediately

Insiders Club 8-2-2010 Bookmark

Insiders Club Update


Morning all...

Look at those futures.  That's exactly what I said to myself at 6 am, when I first flipped on the monitors. The DOW futures up 110, the S&P's up 14.. What's that about?

I was

Insiders Club 7-30-2010 Bookmark




Well Well...

Sop they hated the GDP number and we were down 100 points. Then the Chicago PMI number came in better than expected, and the consumer confidence was better than the disaster of last week. So here we are

Insiders Club 7-29-2010 Bookmark


There's an old saying about not looking a gift horse in the mouth and we were just up over two dollars a share in GS, so I took half of it off the table folks.

We went in at 150.15 and sold 450 at

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