Posts Tagged ‘hammer’
I Was Wrong, So What?
I cashed out of everything this morning early, as per plan yesterday, however I have to wait till 10:45 for Rydex to clear – that was more of a loss than necessary. It looks like the market wants to wedge it up here to test the undersides of the 21 dema’s. I’m cool with that. …
All Positions Were Closed This Morning
All the call positions that I owned heading into today were closed this morning. All were profitable except for SUN calls which I did have a shot at getting out with a meager gain, but did not act. The rest went for 30%ish and one was 8% or so. A very nice counter trend move. …
Not Fearing The Pullback, Not Yet Is The Key Phrase
Based on what I’m supposed to do, I should be ignoring whatever pullback happens until it breaks. So currently I don’t care about the pullback. One thing I am concerned about is the negative divergence in the daily RSI (pick your setting). On 9-23-10 the COMPX closed lower than where we closed today, yet the …
Ripper la Cara
WTF is with this market. The minute there is a potential 2 day move they rip the other way. Not just a doji, maybe a hammer, maybe some lame weak fizzle, no they rip the face off the very next day. That is what happened to me today. Mostly in my KGC calls and FXI …
Made Some Cash Today By Being Short
I posted about being in the inverse etfs FXP and SDS, but I didn’t post that I took medium sized short trade at the Rydex 10:45 window in the inverse spx, inverse ndx, and inverse rut funds. It was an ultra risky play considering the NDX was already down 6% at that time. I was …
