Carpe Diem

Leuconoe, don't ask--it's forbidden to know--
what end the gods will give me or you. Don't play with Babylonian
fortune-telling either. Better just deal with whatever comes your way.
Whether you'll see several more winters or whether the last one
Juppiter gives you is the one even now pelting the rocks on the shore with the waves
of the Tyrrhenian sea--be smart, drink your wine. Scale back your long hopes
to a short period. Even as we speak, envious time
is running away from us. Seize the day (Carpe diem), and trust as little as possible in the future.

Following a consistent methodology has its reward. My earning/sales/price momentum method keeps me on the right side of the market. Month after month following the same thing, gives you a steady stream of candidates to work with. Not all months are equally profitable.

Once or twice in a year the market enters the kind of phase we are in. In such phases the method hits jackpot. January to April was very good period for the method and now in past few weeks I have cleaned up. By doing, perfecting and trading the same method over years, you get trained in sensing the opportunities quickly and can change the gear fast.

When market enters the kind of phase we are witnessing for few weeks you just have to seize the opportunities and currently there is no lack of them. The opportunities like these do not come around often and they do not last long. You must be ready, you must be prepared and you must act boldly when such opportunities present themselves.

Here is what I have positions in or watching from Fridays action.

AMAG,Advanced Magnetics Inc
CHDX,Chindex International Inc
CUBA,Herzfeld Caribbean Basin
DRAX,Draxis Health Inc
DVAX,Dynavax Tech
ENT,Enterra Energy Corp
FMO,Fiduciary Claymore Mlp
FRN,Friendly Ice Cream Corp
HIBB,Hibbett Sporting Goods
ICE,Intercontinental Exchange Inc
JST,Jinpan Internat Ltd
LTON,Linktone Ltd
MELA,Electro-Optical Sciences Inc
SEED,Origin Agritech Ltd
SMOD,SMART Modular Technologies
SRDX,Surmodics Inc
X,US Steel Corp