9 replies to this topic

[Darris]

LMAZZO, snort

[hiker]

he said on his blog that he was "wrong about this move." he provided timely update as usual.

Edited by hiker, 21 March 2007 - 06:42 PM.

[Jnavin]

XD is a good technical analyst and provides this board with a ton of personality. He was right for awhile, then he was wrong. Happens to every single trader in the world. No shame in it at all, part of the game.

[da_cheif]

HE.S young...he keeps working like he is....the lite bulbs will go off...just needs more tools....been there done that

[SemiBizz]

Hmmm, I guess I"m confused, this must be another Xd you're talking about. The one I know has been posting about a bazillion short positions he closed in the last week or so... If he was wrong his brokerage account is unaware of it...

Edited by SemiBizz, 21 March 2007 - 08:33 PM.

[A-ha]

I could not open TT web site on my desk all day. I used a different computer , first it was ok for a while then I lost connection... Anyway, first of all those futures positions were March contracts which were rolled over... about 11 points premium... So I am still short them... I covered all emini futures , including those I opened at the top when SPY broke above 141.35, which was the trend line I posted here. If you check intraday charts, you will see the breakout clearly there. At that point, I took loss on those eminis I opened recently, and I toop profits on those I opened at the top. So I am currently holding Spoos which I am up about 10 points and I dont have big expectations on them. The only thing I am happy about is I covered tons of stocks and ETFs last week and this monday with nice profits from %10 to %50, as posted here RT. However that is not an excuse for for giving back 80 points profit on Spoos which I could take at 1365 where I called a short term bottom. Unfortunately it turned out to be more than ST bottom. Anyway, as I said couple of days ago, if anyone is interested what I did and am doing daily basis, they can follow on xTrends even you want to express how right you were about this move regardless that 100 point plunge you took all the way down from 1461 to 1365. I will drop by from time to time to say hello , if I am not blocked or anything. Happy trading everyone.

[claire]

COX - - where is your blog? thanks

[Russ]

You were correctly short very early in the game, good work. Your latest charts were not drawn accurately though, the spx had not broken below the trendline as you showed. I use Tradestation which has fixed point drawing and is very accurate.

I think it quite likely the market is headed back down soon though.

I could not open TT web site on my desk all day. I used a different computer , first it was ok for a while then I lost connection...




Anyway, first of all those futures positions were March contracts which were rolled over... about 11 points premium...

So I am still short them...


I covered all emini futures , including those I opened at the top when SPY broke above 141.35, which was the trend line I posted here.

If you check intraday charts, you will see the breakout clearly there.

At that point, I took loss on those eminis I opened recently, and I toop profits on those I opened at the top.

So I am currently holding Spoos which I am up about 10 points and I dont have big expectations on them.

The only thing I am happy about is I covered tons of stocks and ETFs last week and this monday with nice profits from %10 to %50, as posted here RT.

However that is not an excuse for for giving back 80 points profit on Spoos which I could take at 1365 where I called a short term bottom. Unfortunately it turned out to be more than ST bottom.

Anyway, as I said couple of days ago, if anyone is interested what I did and am doing daily basis, they can follow on xTrends even you want to express how right you were about this move regardless that 100 point plunge you took all the way down from 1461 to 1365.

I will drop by from time to time to say hello , if I am not blocked or anything.

Happy trading everyone.

[mikie007]

FYI: Address for xD&Cox's Blog Site: http://xtrends.blogspot.com/

[OEXCHAOS]

If you are having trouble accessing from one machine or another and it persists more than a few hours, drop us an email. That's admin care of this domain or tthq.com. Mark