FEW NEW TRADES ARE UP

PLEASE do not forget to put these trades into alerts on your trading software, if you don't have it, check out TeleChart above(linked at the top) or try www.FreeStockCharts.com they have real time, free charts and you can put in alerts.

If you didn't put in alerts, here are a few trades in the last few weeks on last month's list that you missed:

GOK 8/24  +69.58%

EJ 8/25  +13%  

GMT 8/25 +12% L 

CHP 8/23  +65%

SPRD 8/23 +35%

MMR  8/22 +18%

EXPE 8/22 +12%

VGZ  8/16 +25% and this one had an even bigger move.

Real quick..

Above is about the only thing the bulls are getting excited about, you can see it in intraday volume every time we cross SPY $113. This also happens to be good for a decline, in essence it's a bull trap and as a colleague of mine puts it more succinctly then I do, "From failed moves, come fast moves". By now you should understand why.

Here's an example on the micro level from today. We have a support area, everyone who can draw a trendline can see it as far as intraday traders go. At the red arrow we break that support, then we head back above it-a failed move and watch what follows-a fast move up. This is due initially to short covering getting momentum going, then longs pile in especially as we approach that magical $113 level. A move back below $113 will have the same effect, EXCEPT, stocks fall a lot faster and further then they rise. Why? Because fear is stronger then greed and those are the two dynamics that move retail traders-from that we get imbalances in supply and demand which is the mechanical reason stocks move.

I wanted to show you this, we had a minuscule move up today, but for the bulls, $113 is the level they are slobbering over. If you look at the VIX which trades the opposite of price, it rose today, you'd expect to see that on a decline. I put an earlier white box that shows the same thing and a nice decline after. The SPY is in red, the VIX in white. So increased volatility on an up day... it may be nothing, but it has been something in the past.

OK, new trades are up and they're a mix of a few different things, volatility squeezes, dividend yield plays, chart patterns that have historically treated us well in the position the market is in. As long as you have good risk management and I linked a nice article I wrote about it, there's no reason you can't try any of them with a minimal loss of 1-2% of portfolio if all goes wrong. You get paid to take risks, you just need to take the high probability ones and back them up with good risk management.

Any of the shorts that have been listed this month that haven't gone into play, put them on our SWING 1 Entry system. Again, there's a short video linked at the top of the site that clearly explains our entry system. I don't want you missing a trade that can be taken if we get an abrupt shift.

Until the a.m.