Friday, January 27, 2012

Hold confirmed.

You guessed it, another hold signal. So much for that pullback I was blabbing about earlier this week. While there was a minor one in SPY, you wouldn't know it by looking at TNA. I guess more patience is required. Have a good weekend all.

11 comments:

  1. RMI,

    Or should I call you Mr. Popular? Your PM inbox is full again and I have a message I need to deliver to you.

    Thanks,
    J

    ReplyDelete
    Replies
    1. Yeah, I know... I sent you another PM to let you know I deleted more msgs...

      Delete
  2. Fairly confident he's been working the mid shift. Think he's been sleeping during the market hours this week.

    ReplyDelete
    Replies
    1. Yes, and my brain is always in a fog too... Can't wait for this to be over...

      Oh, yeah, I am on the backshift too... ;-)

      Delete
  3. J, this current trade has taught me to never trade TVIX.

    It does not track the VIX at all.

    VIX up, TVIX down
    VIX down, TVIX down

    What the Hell?

    ReplyDelete
  4. For argument's sake, let's speculate that the market keeps going up from here.

    J, could you tell us on what your system would do? In other words, without a stoploss, would it stay short, or would there be a point when it would flip to long?

    ReplyDelete
    Replies
    1. I too am very curious J...

      What is this thought process here?

      Delete
  5. I want to make it clear that there's no veiled criticism of the system in my question. I simply want to understand it better.

    ReplyDelete
  6. J, so... buy strength after another losing short trade or are we holding?

    ReplyDelete