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"2x Sell"


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#1 OEXCHAOS

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Posted 03 March 2010 - 09:39 AM

I was calling this the "200% Sell" but that implies that leverage is the way to go and I don't think that's the case. We do have 2x as many Fully Long Bulls as Fully Short Bears. That has been good for a near immediate sell off (maybe only a day long and maybe only 10-15 points) something like 11 of the past 12 times. Mark

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#2 OEXCHAOS

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Posted 03 March 2010 - 09:41 AM

Chart Bold solid green and red arrows are standard FL/FS Buy and Sell signals. Dashed are Borderline Signals. Fine and black arrows are "2x Sells". Fully_Long_Fully_Short_26347_image001.gif

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#3 IndexTrader

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Posted 03 March 2010 - 09:58 AM

When I look at the FL/FS poll above, I see 6-5. I'm gathering you take the poll results at some point before it closes? IT

#4 zoropb

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Posted 03 March 2010 - 10:02 AM

I was calling this the "200% Sell" but that implies that leverage is the way to go and I don't think that's the case.

We do have 2x as many Fully Long Bulls as Fully Short Bears. That has been good for a near immediate sell off (maybe only a day long and maybe only 10-15 points) something like 11 of the past 12 times.

Mark

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I got es 1125+ back to 1115+-. fwiw

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#5 Venatici

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Posted 03 March 2010 - 10:26 AM

I was calling this the "200% Sell" but that implies that leverage is the way to go and I don't think that's the case.

We do have 2x as many Fully Long Bulls as Fully Short Bears. That has been good for a near immediate sell off (maybe only a day long and maybe only 10-15 points) something like 11 of the past 12 times.

Mark



Thank you for your update.

#6 OEXCHAOS

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Posted 03 March 2010 - 10:41 AM

When I look at the FL/FS poll above, I see 6-5. I'm gathering you take the poll results at some point before it closes?

IT


Exactly so. It's unfortunate, but I have to take the number before 9:00 in order to get the letter out by 9:30. Occasionally, we'll get a rush of votes that can change things. I figure anything after 8:30 is probably good enough.

I've not been able to decide if I ought to just cut it off then or if I get more useful information by letting it run longer.

Mark

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#7 tommyt

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Posted 03 March 2010 - 10:47 AM

Thanks Mark...I have added a small ES short @ 1123., 1132 stop for today....hourly mo stalling out, still in a nice uptrend.

#8 OEXCHAOS

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Posted 03 March 2010 - 11:38 AM

You know this one is going to be hard going.

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#9 zoropb

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Posted 03 March 2010 - 02:54 PM

I was calling this the "200% Sell" but that implies that leverage is the way to go and I don't think that's the case.

We do have 2x as many Fully Long Bulls as Fully Short Bears. That has been good for a near immediate sell off (maybe only a day long and maybe only 10-15 points) something like 11 of the past 12 times.

Mark

M.

I got es 1125+ back to 1115+-. fwiw

covered +3 up +8.5 down= another non-sexy +13.5

Hope my post helped a little.

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#10 lund

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Posted 03 March 2010 - 03:11 PM

I was calling this the "200% Sell" but that implies that leverage is the way to go and I don't think that's the case.

We do have 2x as many Fully Long Bulls as Fully Short Bears. That has been good for a near immediate sell off (maybe only a day long and maybe only 10-15 points) something like 11 of the past 12 times.

Mark

M.

I got es 1125+ back to 1115+-. fwiw

covered +3 up +8.5 down= another non-sexy +13.5

Hope my post helped a little.

Appreciate your posts? Heck Yes! Thanks :)