Friday, August 10, 2012

Hold confirmed.

Like a broken record, nothing new to report today. My systems and I remain short although it feels like I should be in cash. Only time will tell... Have a good weekend! See ya Monday.
-J

6 comments:

  1. have a good weekend J. Thanks

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  2. As I said yesterday, we got the gap down Friday. Then they took out 2day lows (Dow & Rut), and that was the "slow-pitch" for the bears. They should have taken her down after that. Ascending triangle formed on Dow and by 2pm there was a really nice spot for stops on all index products. Stops and profit management worked well from there. Still got a few shorts on w/ya J, but lightened up quite a bit from Thursday. I'll re-build them if we go higher... And if we don't, I managed risk and will resume taking profits on the remaining shorts I have.

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  3. You receiving any mid day signal changes? I know once in a blue moon you go off the reservation and make changes early.

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  4. When I booted up the system this morning, I was very close to scaling back my short position when TZA was over 18. I chose to sit on my hands... Yeah, that worked out well. :(

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  5. deserve to go to hell with this call!

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