Explanation of my blog

Saturday and Sunday I like to step back and think about the market in a philosophical way. Sometimes there may not be an ending to that blog, but rest assured I will update it. It is my expectation to write a book with those notes, so if anyone has any feedback please let me know.

For the market, my stock picks on stockcharts.com are the stocks I will be buying and shorting given market conditions. The picks are primarily of a technical nature but are filtered by analyzing fundamental characters of the stock with a macroeconomic perspective. Sometimes I will write in my blog stocks that aren't in my selections because they are primarily hedging vehicles and very liquid-like when gold was rallying, I want to get into AEM or they have come past my desk before I could decide to put it on stockcharts.

Monday morning: TLAB, even after buyout news, isn't at 52 wk high which I maintain it should be at. But the wind is out of this stock so I am going into ECIL and CN from profit of TLAB

SII ran away Friday afternoon which someone had expected some buy out rumors with. It didn't. I hate buying stocks with runs like that. But I would buy it and realize you have to hold onto it.

GG need a gold stock right now.

So 4 longs GG, SII, ECIL, CN
A reader mentioned that he would like me to place entry prices. I will work on that. I want my blog to work efficiently so please be patient as I figure out the appropriate way of doing that.

As for shorts--FED is the short that I have the most conviction about and will weather the viscissitudes with this one.

I want to wait till the close to see what's going on. Something I have been toying with but not confident in yet is buying puts on all buy out rumors. Because I don't think they will all close which would really hammer the stock.

I'm working on a list now, but nothing to share.