Monday, March 26, 2012

Strong short signal confirmed.

Short signal confirmed. Closing longs. Going short.

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Loving the profits today! We'll have to flip sides quickly though b/c it's been a while since I've seen a short signal like this... Confidence is high.

8 comments:

  1. Do I understand correctly that the system is generating a short signal today?

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  2. Thanks. I only asked because you said that a short signal is coming, which led me to believe that some condition had to be met.

    At any rate, as always, I'm grateful for all that you do.

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  3. No prob! I should've worded it more clearly. Just wanted to give a heads up that a flip from long to short was in our future.

    Have a good day!

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  4. Hey J,

    Just found your site this weekend. Thanks for making it public.

    When you say "Strong Short", how much downside are u looking for?

    Thanks.

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    1. I'm trying to understand your system signals. Thanks.

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  5. Partagas, if I may as someone who has followed the site for over a year, "Strong Short" does not imply any target. It only implies that the number of indicators within the model supplying this same message is comparatively great and, therefore, perhaps the probability of a successful trade of some nature is greater.

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    1. Got it. Thank you. It's the higher probability of a successful trade.

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    2. Couldn't have said it better myself. Thx Mr. ES. And welcome partagas.

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