Edited by redfoliage2, 22 February 2011 - 03:47 PM.
I'm Out
Started by
redfoliage2
, Feb 22 2011 03:45 PM
2 replies to this topic
#1
redfoliage2
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Posted 22 February 2011 - 03:45 PM
Maybe this is just one day event and I'm out. Covered all short positions.
VST I'm neutral by now.
#2
Porky786
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Posted 22 February 2011 - 05:36 PM
I did the same thing, Berny could screw with futures at any moment. he wanted the market higher he said, why didnt he just say where he wanted it. Would have been easier. Course hes been hinting recently his tune is changing, probably to support the US dollar and quelch inflation.
Course watching for the confirmation of change in trend.
#3
qqqqtrdr
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Posted 22 February 2011 - 06:21 PM
Looks like we almost have confirmation of a trend change. Over half of my trend indicators turned down.... Going short? I have three VST buy signals on $SPX:$VIX Ratio and $NATV:$NYTV for volume are all showing we have gone too far too fast so we are likely in for a rebound. We also jumped outside the bollinger bands on $VXN... Let's see what happens over the next couple of days to work off the oversold short term indicators..
That is all...
Barry
