I missed Hansen on the break down thru the bottom of the continuation rectangle. It is now experiencing a low volume rally off the lows of the day which I have as $57.77 and currently trading $59.10
Gone short 1 unit Hansen ticker HANS @ 59.10 with a stop at 61.38
FYI: For more aggressive traders the FXI shows a nice continuation rectangle as well although this one is prone to major gaps and is not for the faint of heart !
Current open positions:
Long 3 units Ultrashort Financials ticker SKF @ $72.50 stop $72.50
Long 3 units Ultrashort Real Estate ticker SRS @ $81.50 stop $81.50
Long 2 units Currencyshares Japanese Yen ticker FXY @ $84.25 stop $84.25
Long 1 units U.S. oil fund ticker USO @ $53.20 stop 53.20
Short 1 unit Sears Holdings ticker SHLD @ $154.60 stop $154.6
Short 1 unit JC Penney ticker JCP @ $62.90 stop $62.90
Short 1 unit Citigroup ticker C @ $44.70 stop $44.70
Long 1 unit Int'al Coal ticker ICO @ 5.10 stop 4.64
Long 1 unit of Clean Energy ticker CLNE @ 18.85 stop 15.84
Short 1 unit of Hansen Natural ticker HANS @ 59.10 stop $61.38
Good trading to you all.