Posts Tagged ‘v’
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. …
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 …
What Worked and Sucked Today 4292008
Worked: Getting out of XLF calls options early this morning @ .30 with a 7% gain. I trimmed the XLF calls yesterday with a 35% gain. It was a good move because these calls flipped and closed down 13% from my buy point. They would be down even more tomorrow with C selling more stock …
