Jim Rogers went short on three dow components on Wed, Feb 11, IBM, GE, JPM

Believe this was on-air interview on Bloomberg television around 3am Pacific Time. This was probably in response to the upcoming $787 billion stimulus bill that was pending a Senate vote two days later and is expected to be signed into law by President Obama on Tue Feb 16.

Only three companies with higher 4Q real profits from 2008 versus 2007, AAPL, APOL, and NOV

Although APOL has the only decent uptrending chart, each of these three out of the thousands that have reported earnings for the most recent quarter showed higher profits without using accounting gimmicks.

Still going through the motion of capturing at least one 6-8 point move in the ES. I caught all of yesterday's up move and fortunately sold at the end of the day. While the optimum move was to sell 20 minutes into today's session, I wouldn't have captured it because I would have been in rush hour traffic in a dead zone for wireless internet.

One of the dilemmas of too much cash is you have to make one round-trip trade at least once a month, otherwise you start to take less than ideal trades. Also having to remember to split the account into three to five pieces to allow for additional trades for either the same position or for new positions as the setups occur without warning.

YTD +.75%

Worst January for market averages since 1930's

Here's the monthly performance of the indexes in January 2009:

IWM -9.1%
SPY -7.5%
QQQQ -1.5%

Who cares about the Dow, it's toast with C and BAC in the index. Incidentally, the XLF was down 25% in January.