IDSA was a very nice reward to risk winner, and a very nice way to end the week. Study the day's time-stamped trading diary and follow along on the chart, and always review the Trading for Dummies principles.

People mainly have trouble fighting themselves, wanting to fight the trend, buck the tone, bet too much, etc. You have to reflect on the way that you're thinking, the actions you're taking, the true reasons deep down, and if you figure yourself out then things will come easier.

Have a good weekend, guys.

IDSA, 30-min. Chart

Going 28.70 p-stop on half the IDSA. If this holds up into the close I'm going to be flush, fat and happy. Initial risk on this was around 85 cents and I'm looking at over seven bucks in profit here, so reward to risk is very fine. Of course it may collapse at the close, who knows.

NVDA, today's swing trade idea, triggered short this morning. You can see why I can no longer give these ideas away for free. It's the beginning of the end of free.

I may or may not be back at the close, we'll see.

Nvidia (NVDA), 30-min. Chart

Going 27.33 p-stop on half the IDSA after consulting the psychic hotline.

1-900-MOVE-STP. ;-)

Now for a word about exercise and eating sensibly. Many people have asked me about my diet and exercise regimen, so I'll write briefly about it this Friday afternoon.

The older you get, the harder it is to get in shape because you're more prone to injury and can't push yourself as hard as when you're young. If you're 25 and out of shape, it's not a big deal. If you're 35, it's a lot harder to get in shape. And if you're 45, it's probably next to impossible to get really fit.

I stretch. I try to row 5K and bike 10K every day. My average heart rate is probably around 140 to 150 BPM when I row and bike, and I sustain that for about 40 minutes. I don't use the Freeclimber or the Treadmill anymore because my knees can't take it. I also lift weights several times a week, but not in a very systematic way. Once Melanie gets back from India, I'll get back into yoga.

As far as eating sensibly, I eat very little meat and dairy. I'm not a strict vegetarian by a long shot (I love sweet and sour ribs, barbecued chicken, etc.), but I probably eat a lot less meat than the average red-blooded American boy. If I drink milk, I drink skim milk; if I eat yoghurt or cottage cheese (rare), it's low-fat.

It's a lot easier to find good, healthful food in America than it is in England.

I have a very strong sweet-tooth, which I satisfy by eating a lot of dates (with nuts) and fruit, like clementines and grapes.

I'm a big proponent of "everything in moderation, including moderation." If you deny yourself the occasional treat, like eating buttered popcorn while watching a movie, it's not psychologically healthy. You have to reward yourself from time to time. Fat people reward themselves every day, sometimes several times a day. You have to be disciplined. ;-)

OK, I'm back. Interesting, it looks like the tone went really bad around noon. I'm going to scratch DNA here because I don't like the broad market, and with IDSA, I'm moving the stop the breakeven on half, leaving the original stop in place on the remainder, and plan to just ride it into the close, for better or worse.

Well the broad market ain't being helpful to our effort. No "systemic" tailwinds. Puppies will live or die on their own. My stops are in place, my peeps are watching my back for me, and I'm off to the gym. Good luck!

Let's run kids!

IDSA, 30-min. Chart

I see buyers.

Long DNA p-stop 107.28

Boy they don't want to let this puppy up again. They're relying on the broad market winds remaining unfavorable to help 'em hold it down. On the other side are 1000s of people like me who trade with the trend.

Hmmm, sellers on the broad tape, they may try to flush us out of this one. I'll sit tight down at .49

Initial risk is around 85 cents; I plan to cut that in half once the stock moves through 27 with some authority.

Let's see this low-float puppy run. Come to Papa!

Long IDSA p-stop 25.49.

The "Ability to Assess the Future" Scrambler Pic will also be for members only in the future.

Tone is good, I'm looking for a long candidate.

Starting some time in the next month or two the majority of this site will become subscriber-only. The Daily Swing Trade Idea, the Unusual Suspect List, my intraday comments on the market tone and day trades taken, and my general market observations will all be accessible to subscribers only.

I first have to figure out how to make a password-protected part of the site, which may take months. ;-) Unfortunately I don't have a full-time unpaid tech. slave (let's call him Mike) to do the work for me. If I lose 95% of my daily viewers (which would leave me with about 50 subscribers), so be it.

Everything I write will be freely accessible to everyone in the Archive on a 30-day delay.

Eyes on ADSK, CHINA, DNA, IACI....

Nvidia (NVDA), Daily Chart

Taking the long view, a chart of the CRB Index since 1956.

CRB Index, Weekly Chart

Investments in the Chinese Basic Materials stocks, like Maanshan, continue to look good. Take a look at the import numbers for base metals (or crude oil, soybeans, etc.) in China and try to keep your jaw from dropping. It's no coincidence that the CRB Index yesterday hit its highest level since 1984.

Maanshan Iron (H-Share), Weekly Chart

Maanshan Iron (A-Share), Weekly Chart

Instead of simply highlighting the Unusual Suspects in yellow, I've begun color-coding the cells Up (green) and Down (red). Ambiguous action will remain yellow.

Henry C.K. Liu writes a somewhat muddled and meandering article, Blaming 'undervalued' yuan wins votes.

Mark Hulbert on the Inflation Illusion.

I may have to pay a visit to this new toilet.

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