Winners Circle

[the real R]

100% Cash as of this morning......

Sold all longs, took a few fair size loses in the process ($7,000.00 in total which shaved about 30% off my trading PROFITS for 2004).

Bottom line, still up nicely for 2004 thanks to channel plays and major poppers. I am going to focus more on channels and popper plays and go smaller on other plays that are more risk.

Tonight:

Two Popper shorts:

LIPD @ 7.39
IMMR @ 8.64

Riskier play:

Small short on SMH @ 41.63

Trading around potential market tops or market bottoms is always higher rish because follow through in both directions is not as good,imho. I hope we either head down in a nice trend or continue higher in a nice trend. Either way mfluties channels and poppers will be lower risk plays both long and short. Thanks mflutie for thinking outside the box and creating some nice systems.

Cheers
R