Posts Tagged ‘swing trade’
Gold, Where Are We Now?
On October 14th I mentioned that shorting gold might be a good idea. Although I didn’t participate in this trade, I mentioned the setup was there. Why I didn’t get involved in this one? Funds wrapped up in my previous ideas + funds settlement hell. From October 14th 2008: Where we are now: Well we …
What A Week So Far
What a week! I don’t mean good either. I went long heavily on Friday and what a bad time to do that. Since then my leveraged ETFs took losses of 17-19%. My QLD calls dropped by 75%. However, I sold out today of the leveraged ETFs and am in 100% cash in that portion of …
This Market Is Relentless!
I posted about my feelings and what I think has happened during these past two days here. If anything I hope it brings some levity to the two day dismal disaster. Hey some of you may have been trading fast while I’ve been playing the swing trade. If so you are kicking my ass and …
Futures Are Down Big Again – GOOD!
As I’ve already posted that I’m long heavily. It is therapeutic to talk your book. Everyone does it because everyone is typically nervous about being wrong to some degree. During these times those feelings are heightened a smidge. A gap down open is what I need and what I want to see. It spells temporary …
Stocking China Stocks and Now Long For Friday
I’m getting cute with my titles, but I am stalking some China stocks today. SNDA – which I mentioned a few days ago, looks the best for longer term swing trade. NCTY GIGM FMCN – As a short term trade. Attempting a lite long in the NDX and RUT with the afternoon pullback.
