the lower channel figure of 7777 was violated this morning in the djia. currently short the dow. we were stopped out of nasdaq, msft and vxgn longs. awaiting lower figure in nasdaq to short. best, surfer
today was whipsaw city, one of the worst whipsaw days the system has experienced in some time. will post further detail this evening. who knows how we will end up by EOD. :eek:
what an intense day ! i wish it was profitable overall but it was not. we ended the day flat in the DJIA in the channel from 7777-7957 . long the NASDAQ from the upper channel figure of 1307. long MSFT from a TA inspired entry at 23.70. flat VXGN, flat KKD, although we made it within 3 cents of the researched SHORT FIGURE of 31.97. looking forward to tomorrow. lets go do what happens ! surfer
it appears that the potential war will shake the market out of the present doldrums. i am expecting a huge market rally once (if) the bombs start dropping, just like was experienced 12 years ago. the system should place us long prior to this occurence, awaiting. currently long nasdaq, flat djia. best, surfer
It would appear that the imminent move upwards in the market is likely to spark a sudden short war in the middle east, just like it did 12 years ago. The ending of the war may have the opposite effect, or perhaps the opposite of the opposite.
our trailing stops closed the nasdaq longs earlier with a tiny profit. currrently flat nasdaq, djia, msft. 1327 --1293 is new channel in nasdaq composite. 7777--7957 is still valid in DJIA. best, surfer
will be trading mechanical system off of the new channel figures in DJIA and NASDAQ. eye on KKD for short once (if) previously mentioned figure breaks. (31.97) enjoy, surfer
kkd....got pretty close....if /when u enter where would you be putting your stop??? thanks for advise.....peace