It seems like we are finally finished with {iii}. We got a major dark cloud cover today at the end of an extended run. It counts quite well as the completion of {iii}. This is setting up almost perfectly to make a near double top as C of (2) of P3.
Also note that XLF really signaled SELL! SELL! SELL! today.
To complete this confirmation, we will need a lower low on the daily tomorrow and a close below the 5 day ma. The 34, 50, and 65 all look to be flattening, but the bulls can still save it so we have to be careful. Anyways, I’m still sitting here not trading. I wish I had captured more of the last leg up, as I just got a few % way back. Oh well. Plan is still to wait for (2) to end and start shorting. We do seem like we have some downside coming here, but, after the last run it’s likely {iv}. Since {iv} is corrective, it could be choppy sideways. Best bet is still to wait until the end of the next 2 waves. Patients is a virtue.
January 27th, 2012 at 10:45 am
1316-1318 a lot of resistance is now there. Bulls running out of time to save this.
January 27th, 2012 at 1:08 pm
and today gets the award for chop fest of the month
January 27th, 2012 at 1:18 pm
If we do not get back above 1316 today I expect a drop next week to the 1293-1267 area. As mentioned before, not trading this move as {iv} may just chop sideways between 1293 and 1316 or so before {v}. {iv} should probably last about a week and a half based on the last corrective wave.
January 30th, 2012 at 10:00 am
We are now in the largest sell off since mid-December. We are well below the 34, 50 and 65ma on the 30min time frame. I’d say this counts as {iv}. How this will end up counting is a mystery and will probably only be aparent in hindsite.
January 30th, 2012 at 12:33 pm
I just went short. Feeling a little nervous about it, but I’ve got a tight stop on it.
January 30th, 2012 at 1:18 pm
Mono- interestingly a golden cross has been made on the S&P daily. Funny thing is that anyone that buys this dip on that indicator will likely get squashed when (3) of P3 starts. (unless they get out of {v} in time)
January 30th, 2012 at 3:50 pm
Mono- the declining 34ma is acting as resistance. I’d say this is a short entry, but it requires holding overnight. The unfortunate part is that {iv} might be very short. We just don’t know. I do wish you luck on this trade if it hasn’t stopped out for you already.
January 30th, 2012 at 7:20 pm
Stop is at about 1320 or so and so I’m still in the game. Is there a more logical stop? Previous high maybe, but that stretches my losses farther. I don’t want to just hold until the end of {5}.
January 30th, 2012 at 10:22 pm
I’d give it just a little bit more… 1322.28 is the 2/3rds retrace and the 2nd to last swing high on the 30min. If 1320 does break that would be a wave overlap, but, we might just be in (b) of {iv}. What you are hoping for right now is a complete (a), (b), i, ii. If that happens, 1320 won’t get taken out on this and we’ll make some new lows tomorrow.
January 30th, 2012 at 10:24 pm
FWIW, I DOUBT that {iv} is done. (c) seems too short.
January 31st, 2012 at 9:51 am
Mono- I hope you moved your stop in time. We eliminated the (a), (b), i, ii this morning. I think we are in (b) of {iv}, but there is a small chance {iv} is done. We won’t know for sure until either 1333 or 1300 are taken out.
January 31st, 2012 at 9:52 am
with any luck, (b) is now complete as-is
January 31st, 2012 at 10:19 am
That’s for the guidance Scotty. I did remove my stop so I’m still riding this. I have no idea where we go from here though. It feels like a bad trade, which makes me wonder if it is good. I appreciate your thoughts. You definitely helped me avoid a quick exit.
January 31st, 2012 at 11:20 am
Hey Mono! The trade is looking more promissing now. Glad you didn’t let it stop out. Now we are looking to see if this is b of (b) of {iv} or i of (c) of {iv}. The bull count is still on the table as long as we stay above 1300. The bull count where we are already in {v} that is.
January 31st, 2012 at 11:23 am
We are below the 34, 50, and 65ma’s again which is a good thing for your trade. These may act as resistance if we get a bounce from here.
January 31st, 2012 at 11:13 pm
Thanks again for the thoughts Scotty. Still not sure what to make of the market or this trade.
Time doesn’t really seem to be on my side. I think I’ll make an exit tomorrow and hopefully I can make a buck or two on this by then – start the year off with a win. I’m at a small loss at the moment. Momentum still feels mildly down, but I really am going into tomorrow with no expectations.
February 1st, 2012 at 8:25 am
Well Mono… here we go again. The market appears to be gap up. We could be in c of (b) of {iv} still unless 1333.47 is taken out. If that happens, we are officially in {v} of C of (2).
February 1st, 2012 at 11:31 am
Well, in for a penny, in for a pound? (Is that how that goes?)
I saw the gap up and I decided to ignore the market for the first hour to see if we would see another crap today. Not so far.
If I isolate where we are from where we’ve been and consider the significance of 1334, I think it would be best for me to use that as my stop today. I am very nervous about holding over night for fear of a big gap up though so if we get a decent pull back today, I’ll run for the hills. If we just meander in the 1320s, I’m not sure what I’ll do. The MAs are swinging up again so I really should just look to minimize my losses here.
February 1st, 2012 at 12:26 pm
Oh the pain.
February 1st, 2012 at 2:53 pm
The worst scenario is shaping up: the market is snuggling up to my stop, but not hitting it. Then it will take a monstrous leap over it tomorrow and I’ll either eat a giant loss or have to sit on an intermediate term trade and wait for (3) to start. I guess if we are really in P3 then this thing can only go another 40 points or so (1370 was the peak, right). Of course, I’ll be looking at a big loss if it turns out to be the wrong count altogether. And here is a guy that isn’t a really strong believer in EWT.
I am going to sit on this overnight if we don’t break 1333. Who cares. It’s only money.
February 1st, 2012 at 3:21 pm
Mono… sorry you got stuck with this trade. The opportunities in this market are few and far between. I can tell you from personal experience and from talking to other traders that the market IS FIXED, and the only thing we can do is ride the waves. I would like to believe that this is (b) of {iv}, but, as you mentioned the trend has reversed and is heading up again. The second the 1322 level was taken out, we no long had the trend and FIBO calcs on the side of the trade and you probably should have just let the trade stop out.
If we do gap up huge tomorrow, you could use that same logic you used today to move the stop again to 1371 and there is a danger with that. As the market keeps going higher and each bear count is proven wrong, if we hold hope we will just keep losing more and more. As much as I use EWT to “check my trades” I have stopped using it to predict changes in trend because nothing… put/call, candle sticks, EWT, volume ect can predict that when the manipulation is taking place.
I did not make one trade the whole month of January and I count that as a personal victory because I did not get the trigger finger from waiting around for my set up to occur.
February 2nd, 2012 at 10:57 am
Another day, more torture. I suppose time might be a bit more on my side. The longer we levitate below 1333 the more doubts will creep in to the bulls and perhaps we’ll get that pull back. OR… maybe this is just a cooling off plateau before another round of rally.
February 2nd, 2012 at 1:30 pm
Mono- we might be in (c) of {iv} from the intraday high yesterday. We’ve made a lower high and a higher low today. Tomorrow should confirm.
February 2nd, 2012 at 2:59 pm
Of course, I’m hoping this is the end of (2) altogether. Are you suggesting that is not even a possibility anymore?
Kind of a nothing day, really. Maybe the end of the day will be telling. Probably not though. The market loves to save all the action for After Hours.
February 2nd, 2012 at 3:37 pm
Actually your right Mono. Maybe A of (2) was an impulse, and therefore C of (2) does not need to be. I doubt that however. I think the VIX can go lower then it is to suck in more late bulls before (3) of P3 starts. The initial move down from 1333 would have to be the start of a leading diagonal since it is 3-waves, so odds are mostly against us already being in (3).
February 2nd, 2012 at 11:56 pm
Go Canucks.
February 3rd, 2012 at 10:22 am
Well Mono… we took out the key level today, so we are either still finishing up {iii} of C or possibly in {v} of C of (2). That is of course assuming that 1370 was the end of P2 months ago. The VIX is now below 17 which is low, but I’ve seen lower. It would have been nice to see a deeper pull back over the last couple of weeks to narrow down my counts.
February 3rd, 2012 at 11:51 am
Yeah, this did not go as planned.
I’m holding through this. On most time frames, we’re outside or near the top of the bollinger band; we’re overbought IMHO. I’m going to give this until the end of Feb or until 1370 is broken. I’ve sat through worse losses/risk before and come out way ahead and so I’ll do it again here. And if I lose and we break 1370, I’m actually pretty happy because it means very optimistic things for my “real life”. This all started as insurance for me and that is what this really is now. It sucks to insure something and then not need it, but it did help me feel safer over the past crazy few years.
I’m still really confident that all this craziness can’t end well. The concept of P3 makes a ton of sense to me given the mess the world is in as a whole. While I’m feeling optimistic that things are looking brighter and perhaps we dodged that kind of scenario, I also know that the optimistic feeling could be the sign of the end of (2).
In the end, we only have foresight to decide on and hindsight to judge ourselves on at moments of time. I’m surprisingly happy with myself in general at this point.
February 3rd, 2012 at 1:55 pm
Mono- I see a complete impulse in the last 5 days. We COULD be done with {v}. Or we may have just finished (v) of {iii}. I’m not sure, but I think we will be headed lower soon.
February 3rd, 2012 at 2:09 pm
On the other hand, it could be (i) of {v}. The length of the next pull back will tell us if we are in:
(ii) of {v}
{iv}
the start of (3)
If 1370 ends up getting taken out, I really don’t know what to make of it. If that happens should we assume that P3 really isn’t coming or do we just move the waves around again to make P2 work?
ANS: Mono, if I may get a little bit political on you, we MAY be in a recovery, but it is inspired by the creation of more American debt and more spending by Obama. He is using promisses of more tax cuts and entitlements to buy more votes. If he is elected again, we will continue down this path of spending with out regards to budget or inflation. I really truly believe that Ron Paul is right that we can not inflate ourselves out of recessions anymore by printing and spending. There are jobs being created out there right now, but we have all this new debt… over 1 trillion per year being added to a 16 trillion dollar defecit. It is like a buy it now and pay for it later mentality. The GDP to debt ratio has not been this high since WW2 and there is NO SIGN of letting up. It appears that the failure mode of the US economy will be hyper inflation and it really is just too bad. Putting the bill on the grandkids is just BAD POLICY and I find Obama’s manipulative BS just outragious and I’ve had it. This is the main reason that I’ve been buying a hard asset… aka real estate, that will always be worth something no matter what currency is used in the future.
I wonder if Chris is supporting RP. I haven’t heard from him in a while.
February 5th, 2012 at 4:43 pm
Scotty
I’m intentionally ignorant on US politics so no worries.
I can say that I really don’t think there are any really good choices. My biggest fear about US politics is that NOBODY will choose a hard road proactively and the US will continue to push the problem into the future. I’m sure you’ll agree that this is not wise. If a certain path is getting you into trouble, rarely is the solution to go further down the path. Things will just get harder to fix in the future. I’m not advocating a rip that bandaid off approach, but at least start changing the trajectory of things toward where things should go. It just doesn’t seem like it will ever happen and that can only lead to forces beyond the US making the changes mandatory. That could be the “take my gun and soup cans up into the hills” kind of scenario. I don’t think the US could ever make it to TRUE hyper inflation – it seems so unlikely that the rest of the world would allow it. Again, I’m a little ignorant politically so I might be naive on that idea.
Obviously doomsday is still very avoidable at this stage and probably will be for some time, but there are too many variables to know when the point of no return has been reached. I just can’t imagine what will kick some sense into the system before then. I also believe very strongly that this kind of scenario will be very much like a cliff. The economic face of the world will change in the blink of an eye. A card house takes a long time to build, but comes down very quickly.
That said, I do see the post-cliff world optimistically. I think this troubling time would be very cleansing and relatively quick. It is sort of like if you built a city poorly and a big tsunami came and took it out. It would hurt, but it would give you a chance to say, okay, let’s build this thing right this time.
Lastly, I’m starting to think that this type of scenario is going to be delayed for a long time. The motivation for those in the power position to maintain status quo is extremely strong. Our lives might play out fairly normally and perhaps it is a generation or two behind us that will need to play the rebuilding role.
Who knows. It is fascinating though, eh?
February 6th, 2012 at 4:11 pm
I’ve been thinking about things over the weekend.
First, I think I’m going to drop the idea of a “system”. I think the markets are smarter than any system that anyone could possibly create. If there were systems that would work, hundreds of the gazillion people out there would have thought of it already and the opportunity would be arbitraged into oblivion. I think guidelines are wise, but looking for a mindless system is futile. That includes EWT – perhaps it has value as a guide, but I just don’t believe there are hard and fast rules that always apply.
Second, I think I’m going to diversify my activity. I’m not going to put 20% into any one thing. I’ve been so focused on the US equity market because it is so accessible. That doesn’t mean it is a wise place to profit and might actually be a bad place. There are so many options opportunities out there. This should allow me to be more patient with each opportunity.
Third, I’m going to make smaller bets with each trade – 5% of my portfolio at a time. I usually go all in on every bet I place, which is just plain stupid. It puts so much weight on each bet. I’m going to try to stay in mostly cash, most of the time. I’m embarrassed to admit how amateur I’ve been in this regard.
Lastly, I’m going to spend less time listening to others and do my own research on opportunities. This seems daunting in some respects, but I have strong business talents and a degree in economics that I simply don’t ever use as I’ve just become technical. I am naturally a fundamentalist and need to go back to these roots.
Would appreciate your thoughts on all this Scotty.
February 6th, 2012 at 4:41 pm
Hey Mono,
Thanks for the comments… I would strongly urge you to reconsider the value of having a system. I believe that just because a particular system you have tried has been unsuccessful, doesn’t mean that no system will work. 2nd, if you have no system, you allow emotion in on your trades and that is very very bad. I think it is worse to have a bad system then no system. ALL professional traders that I have ever met have a system or rules in place to increase the chances of success on a trade.
I know you are frustrated with trading Mono, just like me… but I truly believe that we just need to weight price action above all else and that will help us a lot. The technicals, support, resistance, candles, volume, FIBO, ewt ect are best used as a way to check the trade after prices have already reversed.
An example of this… price reverses and is heading down. But the last up wave was significantly longer then the down leg that proceeded it. FIB analysis tells us to wait for prices to stabilize and start heading up again to go long vs. shorting the drop. The location of the major moving averages, and can also help with this.
Unfortunately, I have found that with so many rules now in place for my trading, I usually am in cash.
I do agree that you shouldn’t be putting all your eggs in the trading basket. As I’ve mentioned before, I do real estate… which I can honestly say makes up 95% of my investments. With real estate, you are rewarded for hard work and good management. It is basically like having a divident paying stock if your monthly cash flow is positive. I have renters paying for these and I know that regardless of what the housing market does… when I retire I will have these all paid off and should be able to take advantage of the much higher cash flow to off set losing my day job income.
The trading thing is still an experiment for me that hasn’t proven to be worth my while yet. Having a 401K does force me to care so I am stuck with this market or the choice of stable value and no long term prospects of that 401K amounting to much. So I mush on with this endevor.
As far as size of each trade… I personally think trading anything less then 10K at a time is a waist. The smaller the trade, the higher % the fees are to the potential gains. I’ve pretty much stopped using leverage as that also is like a hidden tax via the drain on those… I still like to SHORT the leveraged funds and will allow myself to do so with 3-4K at a time on that one. Currently my max allowed per trade is 15K. Only you Mono can decide what you are comfortable with as far as that goes. I used to risk a lot trying to bet big on a reversal, and bet small during trends when I’m trying to trade within one. That’s BAD. I realized the error in that, so I just trade about the same amount every time regardless of how good I feel the opportunity is.
I hope that helps Mono.
February 6th, 2012 at 5:40 pm
Hey Scotty. Thanks for all the thoughts. This is helpful.
Let me restate what I meant by not wanting to blindly follow a system: I believe that everyone should have guidelines and general rules to help stay on track. What I have been looking for and using is a “system” that removes all thoughts and decisions and simply follows a few basic rules on when to enter and when to exit, without any intelligence applied. So, I’ve been following the 34MA for entries and looking for a confirmation from a momentum indicator like MACD. By my system, I should never consider thinking about reality. Just follow the MAs. That is what I’m not going to do anymore.
I do see needing some guidelines like the ones I laid out above and others.
I think investing/trading should be like exploring the beach for unique finds. You should look at hundreds, if not thousands of rocks, sticks and other “ordinary” things before you see the thing that is standing out. With trading, we should be looking at a lot of different opportunities and asking whether or not the market has this wrong. Most of the time, the market will have it right (or reasonably close). If you do this enough, I think you can find the things that stick out and jump on them.
This is actually how I started my trading career, but I made the mistake of looking too micro: I was only looking at one beach. I wasn’t watching tides, weather patterns or any other beaches. I missed the macro powers that brought down my trades. I believe I had under valued companies and may have, but I didn’t consider the general market levels close enough.
The other thing is I am MUCH more interested in fundamental analysis than technicals. Trading on fundamentals actually seems like it is of value to the world, which is really important to me. It’s like voting – my one vote probably doesn’t make any difference, but my vote is important. Same with my trading. My pittance of a portfolio isn’t going to move any stock or market, but helping correct markets feels important. I will engage in that kind of activity a lot more than I would engage in staring at charts for technical signs that are relatively meaningless in the real world.
I don’t think this is so much a reaction to being upset about this recent trade or my general lack of success. It was actually part of our discussion above that made me realize some of these things. Our discussion got my gears going. I cracked a couple of my books that I used to read and cracked a new one I’ve been meaning to read. I’ve watched some videos. I’ve done a little poking around. It is the first time in a while that I felt like my time spent on my trading was “productive” and i was engaged.
I won’t ramble on at this stage. I know what I’m getting back on the right track for me. I appreciate your comments and concerns and will take them to heart. I do think my emotions have been a hindrance for me in the past, so that is something I will need to address, among many other things. I’m sure I’ll continue to share these things with you as I develop them and I hope you don’t mind continuing to give me your thoughts.
February 6th, 2012 at 7:42 pm
Yes sounds good Mono… I’ll be interested to hear what you are trying and the results. There are many ways to trade this market… looking at dividents and valuations definately will not hurt you for example. If you want to invest in that way, look deep into yourself to see if you can mentally manage the stress that comes with that kind of time frame. Basically… You’ll typically make out on the up days and not on the down days, and you’ll be looking to outperform the market.
I personally, feel I’m more of a 30min type person. I’m not the type to like to sit through months of downside. But at the same time… if you look at the last month for example, being the investor type would have yielded great results. So there are definately pro’s and con’s. You could also think about dividing your portfoilio into 2 pieces- trade one and invest in the other give your self a 1 year break – in period, and then see which way works best for you in 2013 for example after you’ve given yourself the time to work out the bugs.
February 7th, 2012 at 12:52 pm
and we are within hailing distance of 1370 now. I’m starting to doubt that we are in P3, but, the double top leading to the final end game would make perfect sense considering how we got here. I’m thinking (iii) of {v} is almost complete… If the bear count is right… {iii} is just too long to be still in it. I’m leaning on the (iii) of {v} for that reason. Time to start getting ducks in a row for shorting.
February 7th, 2012 at 12:59 pm
Could you see this being the end of {v}?
Please?
February 8th, 2012 at 9:47 am
Mono- right now the counts are as clear as mud. Just wait for the price action to turn lower to short. When the trade comes it should be obvious.
February 8th, 2012 at 2:32 pm
Scotty – I’m already short and holding.
If these “Greek talks” don’t end well, we could definitely see the start of (3). There seems to be a lot of anticipation of a positive ending. Or, maybe a 20 point pop on the release of “good” news would be our top. Either way, we’re due for a pull back in Feb. I sure as hell wouldn’t go long right now.
February 8th, 2012 at 3:20 pm
Mono we might be getting close for your existing short to start making you $’s… I think we are in (iv) of {v} or (v) of {v}. In which case you may catch (3) starting. But what if we are wrong about {P3} or the market is manipulated above 1370 what then? The 34 IS starting to flatten, but is still acting as support for now. I do not have the signal yet.
February 9th, 2012 at 8:16 am
Mono I think we are in c of (iv) of {v} of C of (2). I’m expecting a dip below 1341, and then one more rally lasting for probably a day that takes us to our final high. Interestingly- even if we are not in {P3}, we still have almost a complete wave to the upside regardless. It seems like a solid shorting opportunity to me. There is still a small chance we are in {iii} still, but I find it increasingly unlikely due to the length of the move. More then likely we are looking at the completed C wave IMHO.
February 9th, 2012 at 9:51 am
hey guys, realize i havent been around for a while, needed a real break from these skitsofrantic markets.
Scotty,
like your counts, just keep in mind Dow is still in (2) recently made a new recovery high and NAS is at 11yr highs, so dont be surprises if S&P decides to join along just for fun.
Mono,
I am short S&P for a week +/-, not a huge bet and not huge losses, but I have a solid stop at new S&P highs as this will negate the P(3) count for now and mean S&P has been in P(2) all along still. This is by no means my only trade though i am also long a dozen div paying stocks and some bond funds as well so i am basically hedging my longs with my short at the moment (which by the way is a really good strategy that everyone should look into)
Also I have delved into Fundamental analysis quite a bit in the past, I own my own busisnesses and figured looking at others wouldnt be a big deal, and it wasnt… but here is the clincher with fundamentals… how do you truely put a value on anything? how do you truely know what anything is worth? We do it every day intrisically, but in actuallity we are just following the crowd (markets) in whatever they say that item/company is worth.
Also another problem I ran into w/ fundamntals was the overarching power of the larger makets… take today for instance… wht comapnies look “cheap” and not unstable or have potential issues via future policy changes coming down the pike?
All that said, I am no professional trader/valuer by any means of the words so if you have knowledge in fundamentals that exceeds mine (per your economics degree) I would love to hear from you in the future about companies that look undervalued to you and why, that would be awsome!
A FEW THOUGHTS:
Greece: is bankrupt plain and simple, no matter what EU does unless they basically pay off all greeces debt in full the matter will not go away.
Itally and France: are now being called into question! who cares about greece, seriously, I dont get why markets are still so focussed on greece when other much larger EU countries are starting to show signs of monetary callapse.
America: yes we will continue to try and bail out the world, as long as posible, because lets face it, it will effect us as well AND of course the politicians want to get reellected (the not on my watch attitude prevails). BUT make no mistake the reserve status of our currency is the only thing keeping the hyperinflation away. Push USD “printing press” to far or lose reserve curreny status (by the way this is a real concern) and all that reserve currency comes rushing back home and floads our system, hello nightmare, oh there you are. This is a worse nightmare than any deflation ever could be, this is a currecy murderer through out ALL history, without exception, EVER.
February 9th, 2012 at 10:11 am
one more thing…
Scotty,
I did alot of record searching and analysing on old trades I have come to one conclusion. EWT does work but only if you waite for confirmations of your counts.
I found that if i though a count was playing out and i jumped in feet first before a break of trend line or support level to confirm my count first, I lost out almost every time (premature jumper!). But on the rare occations that i waited for confirmation first i made back my previous losses many times.
personally this is something i have to come to terms with… no matter how convinced i am the turn is coming, i have to fight the conviction until i get confirmation. This was a HUGE mistake i made over and over and over again.
I was watching a trading video and the trainer says “when you are driving a car and you come to an intersection and you see an oncomming car with his blinker on do you pull out in front of him? What if he just left his blinker on, you will get plowed? or do you waite for the confirmation of seeing him start to slow down and turn his wheels before you go? Its the same thing with trading and most traders dont do this simple thing.” this really woke me up!
Today I am long with a hedge in case we turn down to give ma a bit of time to get out of my longs… but I cannot and will not do anything until prices fall AND trend lines break AND key support levels fail a bit more solid data telling me the overall trend has turned down. This was the missing key for me.
February 9th, 2012 at 12:54 pm
Hey Chris good to see you! I feel that we have both come around in regards to not picking tops and bottoms based on the counts alone. I’ve been using the 34ma on the 30min time frame as an indication of trend. Also the 50 and 65 on the 30min time frame provide additional indications of trend.
Mono- the 34ma held once again today so no short yet. The market SEEMS pinched and ready to go lower at any time. If I short now, we’ll probably gap above 1370 with my luck. So I’ll wait for the trend to reverse.
February 10th, 2012 at 9:30 am
MONO! Looks like your day is finally here!
February 10th, 2012 at 9:51 am
1346-1349 should now be a great resistance area. Price action now puts us below the 34, 50, and 65 on the 30min time frame. Holding these levels will cause the ma’s to flatten and turn south. The bulls can still save this, but I would say the next mini-rally is one to short.
February 10th, 2012 at 2:25 pm
I just went short a little IWM
February 10th, 2012 at 2:26 pm
81.30
February 10th, 2012 at 2:32 pm
all 3 indicators confirming the change in trend. We are either starting (3) IMHO OR finally staring {iv} of C of (2).
February 10th, 2012 at 4:05 pm
Yay I finished up 3 cents. I will possibly add more to the short next week.