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Position Update and Some MJTT Sentiment...

Written by Zachary A. Musso On 9/10/2009 09:17:00 PM
First off, it's good to be writing on the home front again. My hiatus from writing on here occurred, but if you've been following me on Twitter, I've been doing projects outside of MJTT. As most of you know, I was on Happy Hour last Friday with The Davian Letter crew, I've been posting for the Chart.ly blog every Wednesday and Saturday, and just this week I've started up some educational videos in conjunction with FINZ.tv (Check out the first episode HERE). I've been honored to do all of these special things in the online stock universe, and trust me, there's still plenty of things to come!

Now to the trading aspect of things. Today was a rather large day for me, as I exited one (1) of my positions I've been holding and entered three (3) others. If you haven't been following me on Twitter, then today's your lucky day, for below this very paragraph is my current holdings as well as the tickers I've been in and out of since my "Cash and Blackjack" post. Enjoy:
  • September 1st: Added AMKR @ 5.63
  • September 2nd: Sold AMKR @ 6.18 for a +0.55, +9.77% gain
  • September 3rd: Added AVII @ 1.74 and EK @ 5.16
  • Today (September 10th): Stopped out of EK (Prematurely to say the least) @ 5.69 for a +0.53, +10.27% gain
  • Today (September 10th): Added PCBC @ 2.19, CPSL @ 2.70, and SOLF @ 6.06
  • CURRENT HOLDINGS: PCBC, CPSL, SOLF, and AVII
Today's action with tomorrow's outlook will be outlined in tomorrow morning's "Micro Take" on The Davian Letter, who will tweet the link when the article is good to go. For a specific take on one particular sector, please see my Chart.ly post from last evening HERE.

My sentiment right now lies within the final quote I have written in that Chart.ly post above. I have been giving a lot of thought to whether or not things really are any different this time around, and although there's a side of me that feels that substantial changes and pushes have been made to drive this market higher, there's a side of that feels it's all fake. I received some heckling last evening for my 3-tweet rant on my current belief of our current government administration. The tweets are quoted below:

"I don't get why everyone's watching [Obama's Healthcare Speech] - we all know [the Healthcare Bill] will be passed, and no matter how appalled we'll all be, it's gonna happen. Obama is f'ing this country, Free Enterprise, and Capitalism one "F" at a time. It all depends on whether or not us Americans will stand for what out Fathers before us stood for long ago. God Bless America everyone, this country kicks ass. Let us NOT forget what this country is based upon."

Ladies and Gentlemen, I may sound like a Conservative fool to some of you, a Confederate Flag-Waving Red Neck to a couple others, and possibly even a greedy, Capitalist bastard to a select few. The truth of the matter is that every single one of us, no matter how much we complain about the President and the Government, no matter how much we kick and scream about the tax rates, and no matter how much we hate the "other party," WE ARE ALL AMERICANS. I love this country more than any of you will ever know - the freedoms we experience in this country are astounding compared to some of the countries in this world. Our duty as Americans is to live our American Dream and to live that dream to its fullest capacity. We must NEVER forget what our Founding Fathers handed down to us, for they were the wisest men this nation has ever seen since its inception in 1776.

In conclusion to tonights post, I want to let all of you know that I'm going to blaring Bruce Springsteen, waving my country's flag, and loving everything about what this incredible nation has to offer throughout my day tomorrow. God Bless the United States of America, and God Bless every single one of you.


ZM

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MJTT Disclaimer

I am not, by any means, a financial analyst. All posts and tickers mentioned in them are my opinions and my opinions only. If you buy and sell ANY tickers because of my recommendation, you are trading at your own risk.

Zachary A. Musso - MJTT Owner/Author

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Fully Discretionary, Speculative Futures Trader - Technical Analysis Junkie - Bentley University Class of 2014.

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