4 replies to this topic

[maineman]

http://www.traders-t...showtopic=74260

This was posted about 100 SPX points lower than where we are today....
so it goes....
Hats have been put away for now...

good luck to all

mm

[OEXCHAOS]

That was a good call. I agreed with you, though I thought you were a bit early. Mark

[maineman]

TO be fair, I had to "average in" a few of the "time-sensitive" vehicles during a couple of subsequent swoons but was able to cash out nicely on the way back up. I would not have averaged in, though, if I wasn't comfortable that the summer swoon was just another scary ride around the SMA 200 along the way... mm

[OEXCHAOS]

A record relative VIX didn't hurt, either! Mark

[maineman]

Along with the oversold and improving Summation Index, the positive divergence in the 14 day RSI and the oversold and improving MACD, among others... I've posted here in the past the concept of "bull range" and "bear range" for the RSI.... we stayed in "bull range" the whole time... mm