
Voodoo Lounge

New record highs on the $SPX. Financials up 12 days in a row, trannies up 16% since the October bottom and the $DJIA up over 1,700 points in 17 days. A stunning rally […]
Another great week of volatility. Trading the repeating corrective structure the past couple of weeks has worked very well. The push lower this week was met with buying into Friday per the […]
A month ago I made a case for shorting the Trannies via the $IYT north of $145. As it squeezed above $148 I triggered another trade for an average position of $146.6. […]
“In a way, the world-view of the party imposed itself most successfully on people incapable of understanding it. They could be made to accept the most flagrant violation, because they never fully […]
It was a good trading week as it provided some glimpses of volatility and some tradable up and down action. Yet it was hard not to find the news out of Iraq […]