Posts Tagged ‘rea’
Face Ripper
Took a shot at the short side and it ended up being a face ripping rally. I came in this morning long iwm, spy puts and heavy short index 2x funds as well as long certain stocks, but was leaned more towards the short side. Signals, not the good ones, leaned that way for a …
I’m Short Overnight
I rolled my index cash to short, 2x NDX, 2x RUT at the close today. I closed up my gold positions taking 5%+ in the DGP, and breakeven in HL, just for protection. I closed my 2x and 3x Energy long positions REA, ERX, DBE, all for nice gains. I will be buying all of …
Ignore The Bear Noise, There Is No Sell Signal, Yet
The bears are screaming louder now than ever. Despite the fact that they have been wrong for over 6 months. There is no sell signal yet. Not from what I see. I’d rather play a slide once a slide is happening rather than continue to pick tops. The thing that I am seeing that gives …
Was Wrong About Weekly Divergence
I don’t see it on my charts now. I might have been hallucinating when I wrote that. However, this week is already starting out in an overheated way. The fact that this is happening usually says we close the week near the highs. If that happens it may set up that down week I’m looking …
Weekly RSI Negative Divergence On The RUT, I’m Long Regardless
Looking at my weekly charts I see a weekly RSI divergence which is fairly decent at forecasting a one week down move. Usually the pullback takes back the previous week’s range. After that the market usually runs back to new highs. Despite this, I stayed in cash with my index funds as I’m a little …
