2 replies to this topic

[Douglas]

Well, October risk windows certainly did not turn out the way I expected. The 27th of October window is a prime example of disappointing. I'm not ready to throw in the towel just yet on the turn or acceleration risk windows. The next one appears to be next Tuesday November the 3rd. The trading system was stopped in on the 28th, but given the deterioration of the market internals since then, an unprofitable whipsaw back out is almost certain to happen. Given the beginning of the seasonally strong part of market year and the tendency of years ending in five to be up, maybe the stop won't result in a whipsaw, but in this FED induced insanity who knows if history is any guide. Regards, Douglas

[opinionated]

Thanks for your thoughts and sharing your system, Personally I'm looking for a retrace next week back to 2035-2049 ish ES after a high between 2089 -2099 before Monday. Will take half a position tomorrow and second half Monday. Best O

[Douglas]

I'm frankly a bit frustrated. I just knew October would contain a good low, but as the market constantly reminds me, only the trend is your friend, and the best technical indicator is price. The combination of unmeasured consumer inflation and near zero interest rates are creating negative real rates which if they persist can justify extremely high PE ratios for stocks. If the FED is unable to pull the trigger, this stock bubble may just be getting started. Halloween scary stuff for bears. Boo, Douglas