You make amazing videos, Jeff.

What is the patter on VLO, just a giant triangle? How many months out should a person go to play that, or do you just buy the breakout and hold on for a few days?

SWK might be one to watch, its close to making a new high

Whose team won? Whelp, I only wanted the Saints to win cuz N.O. has great food and fun. Anyway, since the game, I have read and listened to a few opinions. Here’s my take, one day does not make a trend change. In fact, one site stated, ‘everyone is thinking these hammers are a new game and a changer’. Do you?

Don’t lose sight, we are still in a break of (up) trend and for me, just becuz, I took a big position (up) with the IWM late Friday (I’m taking a dead cat bounce) – the trend is down. I know that, do you?

Lastly, I posted a number of stocks with less than 10 RSI. I like GVA and CWX (earning 2/10) moving on to others (a favorite) GS, the FXE, gold (GDX & BVN – naked $30 PUTs) and I am playing TM (Toyota) naked Feb $75 PUTs and BIDU (naked Feb $400 PUTs). The list goes on but just a taste. All said, I am still more than 60% cash – call me a chicken.

Jeff, just making sure you got ERIC to short? LOL

Sincerely.

Good morning - GS: sure glad I took this as a day trade on Friday and closed with profits. IWM calls - holding for the first 15 minutes (so far this a bust). Not concerned yet, but both eyes on this one. GVA on trend line, no decision yet. FXE just holding, TM, my FEB $75 NPs letting Theta drain the price for a lower buy-back. Anyway, back to the charts and I see no market direction yet.

MA - doing some nice stuff

QCOM & SHLD: could be a bounce up from here

NKE - at a decision point - for money on going up

EWZ - Brazil on 200 dma - plus, if metal and mining llifs go Brazil. By the way, do any of you take this comparison chart into consideration:

http://us.ishares.com/content/stream.jsp?url=/content/repository/material/intl_sector_concentrations.pdf&mimeType=application/pdf

Good to see you guys back.

Was a big fan of the site when it was more well-trafficked. Still a fan now. I jumped on SAFM from the watchlist -- working out well so far. Thanks!

IWM - sold with a small profit. All said, 'the dead ca bouncet" had one small move and a meow, before the bear eat her!

Nate,

Thanks for the feedback.

In regards to VLO, check out a 2 year chart. Looks heavy.

Imran,

Good point. The most bearish I could get on Eric is a covered call.

BigEgg,

Does that make you a "fair-weather fan?" Lol.

OA