Length of hold depends. Often times bull markets go on for ages and the best strat is buy and hold. Sell calls against the position to hedge...
FLAT Summary of the swing trade. Sold close yesterday at 1003.5 Scaled out 1/2 each at 1087 and 1089 for an average of 15.5 pts. Issues:...
Strategy revealed here: http://www.elitetrader.com/vb/showthread.php?s=&threadid=192152
My market model http://www.upscale.utoronto.ca/GeneralInterest/Harrison/Flash/ClassMechanics/CoupledSHM/CoupledSHM.html Basically I look at...
So even though I was off on my predicted values yesterday those same values came into play on were used to identify probable ares of price action....
Take profits on the other half now at 1089. This turned into a swing trade. I will wait to reestablish shorts agian likely at a higher price....
Move stop to 1195 for the other half remaining and DO NOT restablish the other short yet.
Take profits on 1/2 the position on the openat 17 points net profit. Will reestablish that part of the position as the gap attempts to fill...
The low volume on up days speaks volume of the "strength" of this market no pun intended. The market feels levitated on nothing. No real support...
Established a short POSITION at the market on today's close. Stop 1118. Target 1030.
Not even close. The overnight high was 1099.50. After the open it was clear we were gonna break up and retrace but I have to be true to the...
Moderator please close this thread I started a journal here: http://www.elitetrader.com/vb/showthread.php?s=&postid=2743112#post2743112
SPOOS Targets Tommorrow 2/24/2010 High 1099.50 Low 1084 Close 1090 Rest of week 2/24 - 2/26/2010 High 1099.5 Low 1074 Close 1088...
My journal and contribution. Expected target high probabilty High/Low points for the SPOOS called in advance
A summary of the thread to date: Last week: Close of week just above 1100. ...with the possibilty of interest rate hikes by the FED.......
http://finance.yahoo.com/charts?s=%5EGSPC#chart1:symbol=^gspc;range=5d;indicator=sma(17)+volume;charttype=ohlc;crosshair=on;...
Well the upthrust happened on the open and the selling couldn't be contained on 1st hour's trading today. I'll post a chart tonight to see why I...
I am trying to learn. Do you mind posting just a little commentary on your charting efforts to help me understand your thought processes....
I see very nice. So you are using spread as volatility guide and then tagging that as an area for support in a trending environment? Are you...
Buffet and Munger are brilliant politicians that have pandered their brand of investment as religion. Religion is powerful stuff but based on...
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