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First serious target off of this zone is 39

got a very small piece at 52.5

Obviously , usually these rallies last 45-60 days and we are in day 35

I hope that coin comment was a joke. Just to update its now stands at 20/27, 74% of trading days in 2012 have been up days

out on my long, GMST might be right on this one

Like i said, i wouldnt even think of shorting this market until we get to 52 edit: unless targets are 3 points or less

stop to be looking for 48

long 43.25

Well one of the main technical reasons is that stock price can be tied to loans. I.e. say company A is trading at $100 a share takes out a loan, well the bank can require company A to put up more collateral if the stock drops below say $50 a share. They might also call in the loan if it drops...

50 Up days/88 total days=56.8% of trading days are up days for the Period Oct/11-02//07/12 19/26=73% of trading days are up days for all of 2012 While the first number is in line with where it should be (50/50 split, even though historically it should have a very very slight bias towards...

50 Up days/88 total days=56.8% of trading days are up days for the Period Oct/11-02//07/12 19/26=73% of trading days are up days for all of 2012 While the first number is in line with where it should be (50/50 split, even though historically it should have a very very slight bias towards...

seems we will be waking up to another gap up day.

I will be exiting all longs at 1353 I will start shorting big 1353-1360 First target is a minimum of 15-20 points.

this short was not taken, it was invalidated after we fell to 31

Final target hit. However, I might hold this.. Will be shorting 1343 in a separate account however

You do know it would be very EASY to do the stats? I mean, look since Jan 1 at how many gap ups there were divided by total days, if its over 50 you might have an edge.

Depends, i would like new highs off of this.

Out more +6 left at be for hr

reducing here for a +5.5

Looks like the bottom is in, time to start buying for the run up. However, i will start adding longs 1331-1333 If we get there