Posts Tagged ‘spx’


Posted by StockRake on May 4, 2011 in Technical Analysis, Trades

We Got Continuation On the Short Side

What I talked about yesterday was that continuation pattern. I cashed out of my index fund shorts as well as my TZA today. I was also long some LAMR puts, sold those early this morning for 51% gain, however, had I held another 1 1/2 hours would be up over 100%. I think tomorrow is …

Read More

Posted by StockRake on January 27, 2011 in Technical Analysis, Trades

Market Still In WTF Period

And that WTF period is looking more bullish than bearish. You just have to have the fortitude to sit regardless of anything else. I can’t decide if I’m happier sitting in held positions and waiting for the ramp or just sit in cash. Are we getting enough sustained healthy upside for it to be worth …

Read More

Posted by StockRake on December 13, 2010 in Leveraged Funds, Technical Analysis, Trades

I Didn’t Like The Trading Action Today

Currently or as of Friday, and it was mentioned over the weekend, that I have some overbought signals that are keeping me from being long the indexes. I had enough to attempt a short trade there, but I didn’t want to bother. The greater reward is to the long side I think after a pullback. …

Read More

Posted by StockRake on December 12, 2010 in Financials, Leveraged Funds, Options, Trades

Never Short A Dull Market

That is what I think of at this point in the uptrend. Last week was dull, but it moved higher ultimately. My overbought indicators are all on for market indexes, but as usual they are to be ignored when the uptrend is where it is. Will we get a pullback? I do not know where …

Read More

Posted by StockRake on November 18, 2010 in Leveraged Funds, Technical Analysis, Trades

Example Of The Off Cycle Was Today

I posted about indicators going into off cycle. It happened a week ago or so, but its not truly recognized until you see two signals. You probably don’t know what I’m talking about, but look for that pattern in your own indicators. What normally works and is logical – price action all of a sudden …

Read More