In Cash

Sorry I haven't updated the blog in the last couple of weeks, well partly because there aren't many good equity trades. But one thing I must make clear:

All you girls should be in cash prior to the FOMC announcement day. It's not worth chasing a few cents of extra profits by risking giving back what you already have. A pure probability decision you see.

That said I do think the next few days' actions will be bullish given the important half year window dressing period. That will turn into a good shorting opportunity unless it's on high volume, which I doubt. I'm obviously still trading futures since they are mostly automated, but my equities account is in all cash now.

A few equity trades in the past couple weeks (I'll update price levels later):

Short NOC, IEO, RTN, CHS, DE, HEW. HEW turned out a loser which was subsequently cut out short.