Posts Tagged ‘market indexes’
I Swapped To The Short Side
This is a slight chance I’m taking here going short. The trend is still up, but the reasons I see are one major crackage in breadth – number of stocks turning up vs turning down, several indicators I look at on weekly and daily time frames are deteriorating, and the bounce today was good in …
Bought Some Stocks You Probably Want To Short
Bought some stocks today that most people probably want to short. Still long USO calls, UCO, SOL (smaller position now 50%), SOLR (sold some partially), SSN (half position), URZ. Sold AUGT for 38% gain and sold half SSN for 46% gains (I undertweeted the gain % I think, nobody cares anyways) and bought these shitty …
Still Short
I kept my fund shorts on. They made a little bit today and would’ve done better by getting out in the morning. Market indexes formed some hammers today, but I’m guessing that we continue to drop. I’m still looking for 1073-1074 $SPX on the downside. This would complete a right shoulder on an inverse head …
Went To Cash
Took losses in the index shorts today. This market is rough, but can’t ignore the price action. I won’t be shorting it anymore until I see turn to the downside in my signals. Yes I’ve been trying to jump them. The difference this time around is that I’m not hanging around more than 1 day. …
Is This Black Monday?
Market indexes have broken through some major support lines and I want to see what happens at the close. I want to be a long buyer only at the close and only if we finish in the red. Any comeback rally day, I will short. I may go short at these already egregious levels today …
