Jump to content



Photo

Trades and New blog posting...


  • Please log in to reply
No replies to this topic

#1 cycletimer

cycletimer

    Member

  • Traders-Talk User
  • 2,633 posts

Posted 26 September 2008 - 12:10 PM

As for trading, I purchased SSO a frew minutes prior to the close on Wednesday and exited on the open yesterday. After that nice trade and with all the hoopla over the B.S. Bailout I am not trading today and will probably sit this market out for at least a week. Other than some oil/gas plays like CHK or XTO, I do not see anything compelling. There are some reasonably large cycle turns on Sept. 29th, and October 14th (minor turn on Oct 3rd). My guess is a "Bailout high on the 29th and then a big sell-off (to SP 1070-1100)
into Mid October. If this is the case I am buying this LOW with both hands!

I am been experimenting with "super slow" training in the gym and I have posted feedback on my blog. Super slow is simply training on a resistance machine (such as Cybex, Life Fitness or Nautilus) and performing a 14 second repetition. 7 seconds in the up phase and 7 seconds lowering the weight. It is intense and it does cause soreness. Feed my feedback... http://kirksfitnessblog.blogspot.com/