What Sucked Today: Rough Day At the Office
Posted by StockRake on November 30, 2011 in What Sucked Today
Came into this morning short with size. EDZ got clobbered right on the open. I actually was up late and went to bed around 4am Dow futures were showing -77 and things were looking ok. I wake up around 9:35 turn on the tv and see Dow +354. That was probably the biggest WTF wakeup ...
Some Good Charts + A Free Sloppy One
Posted by StockRake on November 30, 2011 in Stock Market Charts
Some of the nicer charts going right now in a tough market. Plus added one of these cheapo sloppy charts because I think ROYL could have a nice move.
Short From Yesterday
Posted by StockRake on November 30, 2011 in Leveraged ETFs, Leveraged Funds, Technical Analysis, Trades
Got short yesterday at the close as well as FAZ. I really expected a little bit more than what happened on the downside today. The NDX did about 1% on the 2x and RUT not much. The pattern I’m playing for is a return to the previous trend which is lower. It either goes to ...
928 Stocks Trends Swapped To Down This Week
Posted by StockRake on November 28, 2011 in Market Comments
928 stocks are matching my trend filter. That is not good for the trend obviously, but I’ve seen many a bounce when this many stocks in a filter skews this many. I’ve seen it in the thousand+ number before many times though. ***********This post was made last week********** Just unloading it from the draft bin. ...
Something To Be Thankful For
With Thanksgiving rolling up here pretty soon you should be thankful for all things health and family, but remember to be thankful for not being long into today’s murderous drop, unlike me. Took everything off this morning and then took the rest of the day off. We are definitely oversold and more triggers hit today ...
Buy Signals Triggered
I went long this morning with the 2x funds, they get priced at 10:45 so that ended up being right around the low of the day. I’m long the 2x RUT and NDX. I also bought TQQQ there. Signals triggered on the COMPX only this morning, but that is always my key. SPX triggered in ...
Still Doing Nothing
Posted by StockRake on November 17, 2011 in Market Comments
Market in kooky spot. Would have gone short today at close had we not closed extremely oversold on the intraday charts. That said a huge gap up in the morning I might try it. Not a huge gap up and I’ll still be chilling in cash. This market over the last 2 weeks has been ...
Recap Of Two Days
Posted by StockRake on November 14, 2011 in Market Comments, Trades
I didn’t post on Friday, but after getting waxed Thursday morning, I played the rest of the day with a lot of wrong trades. Thursday at the close I swapped and went long, however, I kept EDZ. Friday was a nice day in the funds, but I sold the EDZ for a loss in the ...
Crushed, However
Posted by StockRake on November 9, 2011 in Technical Analysis, Trades
I came into today (I said heavy long) it was more like medium long. I reserve heavy for 100% or near that. I thought I was 100% in the funds, I wasn’t. I was about 75%. I also came in with freshly bought calls at yesterday’s close thinking we would crack upwards for one more ...
Smart Trade This Morning
Posted by StockRake on November 8, 2011 in Leveraged ETFs, Leveraged Funds, Market Comments, Options, Technical Analysis, Trades
I sold my trading positions this morning and kept the funds on. Had limited access to my computer except for the important parts of the day. At the close I stayed long the 2x funds, rebought QQQ calls, IWM calls, FAS, FAS calls. I’m not seeing any overbought signs at the close which basically means ...
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