Trades Nov 16th

10:50 a.m. Lock 40% profit in GNK. Move the money to YGE for now. Need to research the solar stocks, they have not had any comparable rallies, we could be on the brink of one.

11:40 a.m. By 40% (on GNK) we meant on 40% of the principal, profit is about 15% give or take. 1120 here we come, we believe the market usually goes a tad higher than the 50% retrace (at 1120). 1125-1140 will be fair game. Let just use Dow jones 10500.

3:00 P.M What next for the market? -- Our forecast for the next few weeks is as follows:-

We break this run either today/tomorrow (Nov 17th would be ideal). The difficult part is from what level. Lets say +/- 2% from 1120. We fall into the 1075 range by Dec 5-10th. We have another cycle turn date during that period, probably leading to another rally from that period into Jan 2010 good for 100 SPX points or so (1150-1170). We think the solar stocks could really soar during this late phase of the rally.