November 10, 2009

PLEASE DISREGARD THE LAST POST ON $BRCD (BROCADE).

Apparently the reason for cancellation is that David Stevens is unable to travel.

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ADD TO $BRCD (BROCADE) LONG.

Based on ZYX Method in earlier post, there is a long position on $BRCD from $8.60. $BRCD just cancelled out of the Goldman conference. We will add to the position in the range of $9.00 to $9.20.

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NEGATIVE FUND FLOWS IN GOLD FUTURES, $GCZ9, $GLD

Our thesis to short gold for a very short term trade based on the ZYX Change Method screens has not changed. The short position was exited as part of our risk control.

Our proprietary fund flows screen is beginning to show negative fund flows. If this continues and confirmed by ZYX Method technical screen, we will consider short sale on gold again

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EXITED $CVS (CVS CAREMARK) WITH PROFIT.

As per the plan,exited $CVS (CVS Caremark) at $30.69 with profits.

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OUT OF GOLD TRADE WITH PROFIT, $GCZ9, $GLD.

As per the plan from yesterday, exited 5% at $1103. and the rest at $1100.

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