Thursday, August 25, 2011

Buy signal if.

Buy signal (50% long) if SPY closes below 178.98

7 comments:

  1. Uh, SPY is at 116.66 right now, so I guess that is a no brainer because if it closed above 178.98 I would hate to have missed that bull run :D

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  2. Be careful. The bernank will cause excessive volatility.

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  3. "if SPY closes below 178.98 "

    Um, did you mean "118.98" maybe? I don't think SPY ever hit 178.

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  4. Is your number correct???

    It seems so high?

    Sorry, I am confused.

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  5. Oops. 117.98. Yes it wasn't even close but I figured I would post the exact number since I was going to be away from the computer the last half hour...and anything is possible I suppose. Like last time I only took a smallish long position.

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  6. 178.98! A spx/spy hybrid!?! Not sure where that came from. Sorry.

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  7. If the system is saying long, unless it swaps today (although the damage will already be done) do you think we should double down while the prices are low? (currently down a little over 3%)

    Thanks !!

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