Thursday, December 15, 2011

Hold (longs) confirmed.

My system sells the long position and goes 50% short if SPY closes anywhere from 122.50 to 122.65. Anything outside of this range (whether above or below) will be a hold signal - maintaining the long position.
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5 comments:

  1. RealMoneyIssuesDecember 16, 2011 at 11:33 AM

    Thoughts on a possible signal for over the week-end?

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  2. RealMoneyIssuesDecember 16, 2011 at 12:35 PM

    I guess I should have sold this morning... So, I hope you have another hold signal as we will probably sell below the buy based on current market action...

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  3. JamesDecember 16, 2011 at 1:48 PM

    yea i was thinking about selling too. oh well.

    probably gonna be a hold. 90% sure.

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  4. AlgyrosDecember 16, 2011 at 2:08 PM

    FWIW, we all think about going against a system from time to time. However, if the system is robust, over time, it will do better left alone than second-guessed.

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  5. JamesDecember 16, 2011 at 3:41 PM

    Right on. I'm holding. Usually it's when I'm most uncomfortable with a trade is when it works out the best.

    ReplyDelete

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