Action in SPY on Friday was interesting in that it nailed the exact price advertised by a phantom bar (or a bad tick) that had occurred on Thursday. Near the end of trading Friday, another bad tick/p-bar showed up back up at 146.81. These "targets" seem to get taken out more times than not, so it wouldn't surprise me to see a move up sometime this week.
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I had a chance to update stats. For simplicity and consistency, I just used TNA for long and short trades. I will incorporate XIV and VXX (depending on contango) beginning in 2013. Had I used XIV for longs in Sept, returns would've been higher. I had a pretty good finish to September thanks to XIV despite being down much of the month.
The bad ticks-we call them "wicks" at marketspath and have many traders that use them for trades. They are taken out more times in not and some do take longer to get filled-but it is amazing how they work. We have been following them for over 2 years now. Good stuff.
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