Posts Tagged ‘rsi’
Up, Up, Down, Down, Left, Right, Left, Right, B, A, Start
This is what the market needs right now – a cheat code. Bernanke can use the fireball gun, and Obama can use the spread. EACH PERSON MUST USE A DIFFERENT WEAPON. That’s the way it was for me and brother. Never the same gun – unwritten rules of Contra the market. I decided that this …
Stocks Doing Well, Index Trade Down A Bit
I skipped blogging yesterday, but I went 20% short in the index longs yesterday morning. Market ended up moving higher than the 10:45 point. Plus today went a little higher. I’ve mentioned we are headed for a blow off top and its quite possible its here this week. In the past I might’ve gone heavier, …
What Worked Today 11282007
Holy Smoketh! The market raged on as the short’s anooses burned. Being long. I got 7.2% in the RUT and 6.06% in the NDX from yesterdays closing price. When I split my position, I actually slightly lost out on the opportunity to make more by being solely in the RUT. I’m not complaining though. It …
Market Finishes Down Big Another 200 Pts for the DOW
I love it. Well technically I don’t because I’m stuck in some long trades, but the finish today was climactic for sure. Whenever you get the indexes closing at exact lows of the day this late in the trend is a sign of selling exhaustion in its simplest terms. Yes you can look at new …
