Wednesday, November 30, 2011

Short confirmed. (+ Nov Trades)

My system moves to a 100% short position. You need some serious guts to go 100% 3x leveraged short in this free money environment so caution is warranted. There is a partial safety net, however. Tomorrow, if SPY closes green, it will flip the system back to healthy mode and thus stop out half the short position.

My system was built to catch these whipsaws, but these past few trades have definitely gone awry. I can't remember having 3 losing trades in a row, so the system is due to have a winner after these last 2 losers. I suppose this short signal is not over yet, though.

I'm going heavily short on the close. Best of luck to all. Take it easy!
Archiving November Trades...


Date
Signal
TNA
Nov 1
Cover42.77
Nov 2
Hold
Nov 3
Hold
Nov 4
Hold
Nov 7
Hold
Nov 8
Short50.02
Nov 9
Buy42.91
Nov 10
Hold
Nov 11
Sell47.16
Nov 14
Buy45.16
Nov 15
Sell46.90
Nov 16
Buy44.61
Nov 17
Hold
Nov 18
Hold
Nov 21
Hold - 1/2 Stopped
39.58
Nov 22
Hold
Nov 23
Hold
Nov 24
Closed

Nov 25
Hold
Nov 28
Short38.39
Nov 29
Hold
Nov 30
Short44.84




4 comments:

  1. I must say J, you've got b-lls, err fortitude! Can't do much in the face of markets driven by news (bear market).

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  2. Im in with you. Like I said earlier. She is going to come down hard once the smoke clears from this sad bailout by the global banks. MM's will catch many people with their pants down long while we collect greatly.

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  3. We are at the same point as September 18th-19th 2008 when the FED stepped up and tried to save things with it's new buying policy and insuring deposit accounts to $250,000. What happened after that?? The plunge. What is really lurking out there. I got raped today but I have a very tough time going long.

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  4. Dr. Evil's got it exactly right. TA counts for nothing lately. Europe is runing the show.

    ReplyDelete