GLAD THIS MARKET IS IN A CONFIRMED UPTREND.

So the stocks are moving into an oversold area and the SPY continues to rise.  (Is this a pump by the US Treasury to keep the market up prior to elections then dump the market once the Repubs take over? The fall could then  be blamed on the Repubs.  That's what volume is telling me as trading volume is dropping during this rise.  Or, is this a market of no sellers because the big boys such as Goldman Sachs are holding onto their shares only to buy more once the Repubs are elected?  Damn good questions)  

I am noting that it is time to consider buying back your "insurance" plans that you should have sold a while ago.  In fact, I bought back my "insurance" plan on APWR today.  Sold it at $1.20 per share and bought back at $0.85 per share.  

I am also stalking JCG and HEAT as opportunities to buy back the "insurance."  I have set buy limit orders to close out my insurance plan.

MARKET STILL EDGY BUT I AM EXPECTING A SMALL PULLBACK

The market continues to be in an uptrend and it seems as if it will not retrace at all.  I just have to keep watching the chart and not listen to my emotions.  My emotions say go short, but I need to watch the chart and watch it go up.  I am watching the trading volume dropping off when the SPY rises which denotes a potential retracement soon.  

I have attached another pic again of the portfolio.  Notice that GIII was removed from the portfolio after a nice 30% return.  SPXU was added so look at the pic for the explanation.  (click on the pic to enlarge it)  I have "insured" all of my positions based upon my rules to do so.  This "insurance" will allow me to protect some of my profits.  

Market is still overbought. Dow barely holding 11,000.

The portfolio is still doing well, but TQNT took a hit today by going down 7%.  It still leaves a 31% profit.  It may be time to "insure" this one or to just take profits and run.  

HEAT was on fire today rising 12% in huge trading volume.  There was no news that made this stock move, but I won't complain.  Search this blog to go see my original entry relating to HEAT to see why I bought it and it may give you an idea for a future trade.  

Based upon the market being in overbought territory, I would be expecting a pull-back in the indices.  Profit taking may be in order or "insuring" your profits would be a better bet for a long-term trader.

NO CHANGES TO REPORT.

Although the market is way overbought, today it rose in good trading volume.  The volume has not been successful in over-riding the recent down volume in sideways movement.  A possible false move.

The account has not really suffered any damage in the past few days.