Half Short Position
Posted by StockRake on October 6, 2011 in Leveraged Funds, Trades
We, as in me, is now short 50% position in the 2x inverse $SPX, $RUT, and $NDX funds. Reasons: 3 big days to the underside of the 21dema, and my personal pattern/setups. Whats going on tomorrow? Jobs report? I’m looking for a smallish down day. Intraday the range could be bigger, but between the open ...
Back To 100% Cash
My day went like this: the TNA I bought yesterday at 29.94 I sold today at 31.96. I had a bit of a give back in that one as I sold it around 9:37 – just didn’t want to take the chance that if we didn’t get continuation of yesterday, I wanted to maintain profit. ...
A Good Day Sir
Today was pretty awesome. My plan posted yesterday to get out of shorts if the market was lower in the morning was the right move. We essentially opened the market in oversold territory so the market was setup to attempt long trades. The pivot point was also squeezed tightly as opposed to much wider range ...
$AAPL Has Room To 360 – A Mockery
Posted by StockRake on October 4, 2011 in Tech Stocks
I was mocked when I mentioned that I have some sell signals on $AAPL and it could see 360. Revenge is mine.
Still Short, But Didn’t Mean To Be
Well gold was an awesome buy last week. The boomers list was on the money. I wasted my capital on Thursday and Friday and couldn’t get any of that on Friday. However, I am 100% short the inverse RUT, SPX, and NDX and I am long DRV. I didn’t sell any positions today despite DRV ...
Inverse ETF Bonanza
I’m looking for a bottom to form in October, but not before a culminating move to the downside in the US and global markets. I think that is where we are now. These inverse etf charts look juicy and are “poised” to go higher. This month has been good to me aside from yesterday’s screw ...
I Did It All For the Doji
Posted by StockRake on September 29, 2011 in Leveraged ETFs, Leveraged Funds, Technical Analysis, Trades
I came into today heavily short, but my etf/stock trading accounts were mildly position short with ERY and EDZ. As the market was higher today I rolled all in on the short side in SQQQ, TZA, and DRV. It was a killer trade as the market started to roll over. However, the market had a ...
I Didn’t Get Long
When I wrote that post yesterday the Dow futures were +10 and the other mixed. I then commented at 3:37am essentially saying screw this plan. Futures were showing +90 at that time. Then I wake up late and I see the market (I often refer to “The Market” as the Dow even though I know ...
I Gotta Get Long Tomorrow
Posted by StockRake on September 27, 2011 in Market Comments
Its only for the short term or it might not. Its for the now. I see the 30min swapped green near the close only in the last hour. Daily surprisingly has held long. Weekly is long. Soooo if I’m being a total dumbass and is something I strive to be, I should be long. My ...
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