The sizzle continues

This market just cannot take more than a one-day break. Up nicely again today.

I got stopped out in one position - HSP:






eh. wuddya gunna do?

I picked up one that I forgot I had just a bit ago. I use askresearch.com to look at charts generally, not my quotetracker software. It's just quicker and easier for scanning charts that aren't in my watch list quickly. I found ADI and bought it:






At the time it must have looked pretty good. I have to admit, I don't like it now. It could work out fine, but I think I'd rather have the cash to pick up something that looks better tomorrow. We'll see. So, to recap, I bought it, sold the lowest day since the bottom, and bought it back higher than I bought it the first time. And I don't like the chart much. That's good trading. My blog will soon be read by the pros before they dare make a move.

However, it probably won't matter much if the market keeps doing this:










I won't even look for a short position until these things show some sign of pausing. Looking at those charts, I fully expect a portfolio renovation at some point soon. It just can't keep going line this forever. But, until it stops, I'm on the bus enjoying the ride!