Friday, March 9, 2012

Short #2

Appears my system was at least a day early going short. I'm getting a 2nd strong short signal today. Additionally the CCI technique below is also suggesting a short position. This all adds up to fairly high confidence that next week will provide a pullback to put this trade back in the black. Have a good weekend all.
Posted by at

7 comments:

  1. stevesteve121March 9, 2012 at 2:48 PM

    thanks. but with a question

    does your system ever provide targets or time frame?

    ReplyDelete
    Replies
    1. JamesMarch 9, 2012 at 4:03 PM

      Neither although I can tell you short signals commonly last 3-5 days in a healthy market b4 we get another buy or cover signal.

      Delete
  2. berlineMarch 9, 2012 at 3:14 PM

    Oh if I only had the balls to double down...

    ReplyDelete
    Replies
    1. RealMoneyIssuesMarch 11, 2012 at 11:33 PM

      I do, just don't have the cash... I hate Settlement...

      Delete
  3. OldeeeMarch 9, 2012 at 3:29 PM

    Thanks J - Much appreciated. Have a nice weekend!

    ReplyDelete
  4. J-TraderMarch 12, 2012 at 3:34 PM

    Looking at a hold signal...

    ReplyDelete

Subscribe to: Post Comments (Atom)