8 replies to this topic

[danzman]

I have to buy more here. This is the decline I was looking for. BTW, there will be a Dow Theory buy if the trannies and indu close above their recent peaks. My COT stuff is very D

[nicolasillo]

seems like you are still in the sunny wonderland......you never take your sunglasses off, do you?

[danzman]

seems like you are still in the sunny wonderland......you never take your sunglasses off, do you?

I'm always in the sun...I live in Southern CA. Nice out today...much better than last Friday.
P.S. All my buy signals have been profitable for two years (not that I have many).



D

[ed rader]

I have to buy more here. This is the decline I was looking for. BTW, there will
be a Dow Theory buy if the trannies and indu close above their recent peaks.

My COT stuff is very

D

Dan -- i thought you were full invested. are you buying on margin?

ed rader

[dcengr]

I believe he's 200% long... But with futures, you can leverage that quite a bit.

[danzman]

I have to buy more here. This is the decline I was looking for. BTW, there will
be a Dow Theory buy if the trannies and indu close above their recent peaks.

My COT stuff is very

D

Dan -- i thought you were full invested. are you buying on margin?

ed rader

I'm always on margin. I have many other investments besides what I talk about on
this board...lots of short-term trading systems. I'm reallocating money away from
those systems to my IT S&P 500 trading system. I'm buying call options.

BTW cool zoo pics.

D

Edited by danzman, 19 October 2007 - 04:37 PM.

[arbman]

Good luck Danzman, apparently we are neighbours, btw... Anyway, I am also feeling more bullish about this decline than the end of the world some are looking for. So far it is only a handle that is forming to the cup from the August lows. The trouble is in the financials and I really wonder how much fire power the Fed has left to rescue them. Today my only trouble was the USD and the indices fell together. I am not catching any falling knives at this juncture. If the 20 wk cycle's upside trigger is any correct there is about 150 points upside and I have a lot of time to get back in...

[wyocowboy]

Lou Reed sang it best - " It takes a busload of faith to get by" - or in this case "to buy". For what it is worth , I fearfully bought a little bit today......

[ed rader]

Lou Reed sang it best - " It takes a busload of faith to get by" - or in this case "to buy". For what it is worth , I fearfully bought a little bit today......

lou reed also sang: "hey, Wyo, take a walk on the wild side"........ .

ed rader