Edited by Sentient Being, 15 October 2007 - 07:50 PM.
Stopped out of my last postion
Started by
Sentient Being
, Oct 15 2007 07:49 PM
1 reply to this topic
#1
Sentient Being
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Posted 15 October 2007 - 07:49 PM
Stopped out of spy. I haven't bothered to calculate it but its right around 5% gain. The Q is where I really made out this time around, out with a bit over 13% there.
I,m taking a quick look at my broader market indicator and it's still telling me that the market is complacent. That todays move was no big signal that the end is here. Doesn't mean that we aren't rolling intermediate term trend over, but if we are, it's not showing up in what I'm looking at.
In the end we retain from our studies only that which we practically apply.
~ Johann Wolfgang Von Goethe ~
~ Johann Wolfgang Von Goethe ~
#2
pdx5
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I want return OF my money more than return ON my money
Posted 15 October 2007 - 08:40 PM
If oil keeps going up and earnings keep coming in lower,
watch for a 10-15% move down. In absence of both those
events, the bias is bullish.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
