Right now I have several shorts for LNKD and GMCR. Both of them look very weak comparing to the general market, that is why I'm keeping them. I do not see any strength from the buyers. This period was a very tricky, so to lower my risk I bought several longs. Right now I have open trades and the bullish side for RRC, CPX, SPRD and SLV. Each of these trades are going well except SLV trade. However, I want to inform you guys that this trade was made on a weekly monthly charts. I'm expecting to see SLV at least 35-40$ during the next 3 months.
By the way, keep in mind that my Signal day post is still active. I'm watching this rally in the commodities and I'm planning to open new trades when we will see some selling. My main stock in the watch list for commodities are SGG, WEAT, CORN .
At this stage I do not think I will be opening any new trades during the Christmas week. I have enough trades right now that needs to be managed ;)
We are in the center of the battlefield for bulls and bears. Anything can happen. Yesterday was very bullish and there are a lot of people who decided that Christmas rally had just started. Personally I'm more cautious and I want to preserve my capital.
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