EOM archiving time...
Tuesday, January 31, 2012
Hold confirmed.
Expecting more upside this week. Holding longs. We are enjoying the great outdoors today with 60 degree temps. Hope u can do the same.
EOM archiving time...
EOM archiving time...
Monday, January 30, 2012
Buy if...
The system is buying today's weakness. If SPY closes 131.41 or lower, the system dumps the short position and goes 50% long TNA.
If we finish strong and manage a close above 131.42, hold the shorts for at least another day.
If we finish strong and manage a close above 131.42, hold the shorts for at least another day.
Friday, January 27, 2012
Hold confirmed.
You guessed it, another hold signal. So much for that pullback I was blabbing about earlier this week. While there was a minor one in SPY, you wouldn't know it by looking at TNA. I guess more patience is required. Have a good weekend all.
Thursday, January 26, 2012
Possible buy... But a hold is expected.
If we get more weakness into the close we could get a buy signal. If SPY closes at 130.78 or lower, the system closes the short position and goes 50% long TNA. Otherwise, SPY 130.79 or higher, it remains short.
Such a nice surprise to see the market can actually go down. Who would've thought?!? (Oops, I'm jinxing it... )
Such a nice surprise to see the market can actually go down. Who would've thought?!? (Oops, I'm jinxing it... )
Wednesday, January 25, 2012
Hold signal.
I know this is not fun... But I'm holding my shorts. I still believe a big pullback is coming. We'll see.
Tuesday, January 24, 2012
Hold confirmed.
Things were looking good this morning, but the bulls dashed our hopes yet again. I'm not sure what it will take to make this market correct. Perhaps FOMC tomorrow??
Holding shorts.
Holding shorts.
Monday, January 23, 2012
Another hold signal...
Nothing much to say again today. My system remains short. A pullback is coming this week.
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