3/29/2006

Anticipating a move and profiting from it

Today is an ideal example of anticipating likely moves and profiting from it. As I mentioned sometime ago, I had my alarm of quarter end some time back and in anticipation of a pop, plus a feel for market direction had me putting in lots of positions ahead of time for last week and today that has paid off- the portfolio is up double digit.
Even though I am primarily a system trader, over the years I have developed a good feel for the market and use it in conjunction with the system to vary position sizes and total leverage.
Current open positions: MED, ZUMZ, GAIA, NOIZ, RTI, DNR, CLZR, ICON, TIE, IRIX, HYTM, NETL, CHAP

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