Unique swing trading signals and stock market commentary.
Wednesday, June 5, 2013
No changes.
JTS has flipped to unhealthy mode and will remain in cash today. CCI keeps holding out for a mean reversion play to the upside. JT Comp remains 50% long XIV. I will stay on the sidelines for now. Thanks.
That was a nice move down today... Surprise yer not going to buy this, J... not even 25% lot.
I've put on a sizable long position at the 4pm close. Just looking for a one-day dead-cat bounce. SPX should move back up to 1623 at least. Will keep adding on weakness. If we gap up open big, i'll take some off there. A gap down open should be buyable.
That was a nice move down today... Surprise yer not going to buy this, J... not even 25% lot.
ReplyDeleteI've put on a sizable long position at the 4pm close. Just looking for a one-day dead-cat bounce. SPX should move back up to 1623 at least. Will keep adding on weakness. If we gap up open big, i'll take some off there. A gap down open should be buyable.
thanks J
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