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Almost Went Long but Not Quite


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#1 Sentient Being

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Posted 26 March 2016 - 10:12 AM

My basic signal was crossed to the buy side, was looking for confirmation when the markets rolled over again and right now it's bouncing around at my basic long tern trend line.

 

So nothing new here, we remain OUT and have been out going way back into last year.

 

I was convinced I would be buying last week but she rolled over and now the change in trend ( long term) to the upside is very much in question for the broader market.

 

The nice thing about trading a very slow system is I don't have to pay too close attention to the markets until they start bouncing around close to my main signal line.  A simple long term moving average.

 

But we are still out of stocks here at this time, still watching, still on the side but watching with closer attention.


Edited by Sentient Being, 26 March 2016 - 10:20 AM.

In the end we retain from our studies only that which we practically apply.

~ Johann Wolfgang Von Goethe ~

#2 AChartist

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Posted 26 March 2016 - 10:31 AM

It not that bad please,

 

the leveraged account is down $300 last week. A non leveraged is down $100.

 

They try to make too much of it, it helps when they seem to like my stocks on the up days. breadth.

 

I'm not being cocky I just have some epic up cycles looming and I try not to make it too hard.

 

 

It may see hypermonetization electioneering go from covert to overt, the stock mkt is their fake gdp

 

and tax take.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan