Swing/Position Trades

Liking FLIR here for a short, with a a stop of 46. Countertrend rally over the past couple month hopefully stall near the 20 and 50 ema which are in the 42 area. Longerterm this could be forming a massive head and shoulder top.
 
If you are keying off that set up your trigger is the top of the trendline, which is about where your stop is, or at a break of support, still several points away.

It does look like a big picture H&S.
 
My swing on this has a somewhat longer time frame so I am using a little widers stop. If closes near the low today, I think the counter trend rally that its been in the last month could be done. JMO
 
Selling 1/2 position Rydex 500 Titan fund at today's close.

1st position: 8.84
2nd position 6.84
Average price 7.84

price as of this morning 8.18
 
SOld 2nd 1/2of Rydex SP 500 8/22 @8.80 +.96
Sold all of Rydex Naz 100 at Friday's close 11.50 + 1.07

Those were the position trades on the Summer selloff and rebound, about net 9%.

Should have scaled out of the Naz fund because it dropped almost 8% on Friday.

Today, long JCOM 23.05
 
Long RYDEX 500 Fund at double speed. 1/2 position at Tuesday's close 5.93 and 1/2 position at Friday's close 6.47, average, 6.20

Long Rydex Fund Naz 100 at double speed 1/2 position at 8.63, Friday's close.

Long VZ at 35. Was late by 2 pts, 33 was the entry, but a move to 40 seems likely in the next month. Look at the chart, huge volume to cut through base 10 days ago, shrinking volume pullback this past week, and expanding volume catapult on base breakout Thursday, Friday.

% breakdown for this account: 25% in Rydex SP, 12.5% in Rydex Naz 100. 8.5% in VZ. Remainder in cash.

Stops if 776 on SP is broken on a closing basis in the next 2 weeks. If not trailing stops played by ear.
 
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