Beautiful, strong, consistently positive tone all day, but RMBS and VVUS were both scratches and old CMTL was cynically taken down into the close leaving me with only 20 cents for my trouble. Shoulda gone with IM after all; there's always next time. Good night.

I see the market has remained good (or "constructive," as some nitwit on TV might say). My puppies aren't doing so hot (CMTL is doing OK) despite the good market. I'll carry 'em into the close, see what happens.

From Ed McBain's recent book, Fat Ollie's Book:

OK, I'm taking off. See you at the close.

Long RMBS, p-stop 33.66. (OK, that's enough.)

Long VVUS, p-stop 6.67.

Watched IM set up but passed it by because it's an NYSE stock.

Long CMTL, p-stop 27.27.

OXY triggered long. (When I look at the Chinese imports of crude oil, it makes me happy that I've allocated as much to the Energy sector as I have.)

Occidental Petroleum (OXY), 30-minute Chart

Tone is very positive, I'm looking for something going up.

Occidental Petroleum (OXY), Daily Chart

The Canadian Dollar could be forming a head and shoulders top on the weekly chart. Of course this is just guesswork; rather than waste your time making predictions and building scenarios, which is fun I admit, just follow the trend.

Canadian Dollar futures (CD), Weekly Chart

Not all ETFs that track the entire U.S. stock market are the same.

Karen Kwiatkowski, a soldier for the truth.

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