Market Direction INDU SPX OEX NDX RUT

[lauriston]

following the trend seems to be the best advice on trading, plus obeying stops. Works like magic!! http://lauristonletter.blogspot.com/

 

[gg12]

makloda

If you specify risk via volatility we have

INDU 7
SPX 7
NQ 13
IWM 13
VIX 73 !!! (SPX options volatility)
AAPL 43

QID ?

 

[gg12]

I will re-focus on INDU, SPX, NDX and Russel at specific grids as stated on 01-05-07 06:45 PM (see above).

Ten day grids:

INDU HIGH 12570 LOW 12345 with 12 x 15 point steps
SPX HIGH 1428 LOW 1406 with 11 x 2 point steps
NDX HIGH 1795 LOW 1735 with 16 x 5 point steps
RUT HIGH 798 LOW 776 with 11 x 2 point steps

For the DOW we have following waves:

522122113211231121121233271121424111421724122211

The best system is:

S383 (Stop 3*15; PT 8*15; Stop 3*15)

 

[rtstrading]

Quote from makloda:

We have at least 100% up room to go on each of INDU SPX OEX NDX RUT.

The only thing I am bearish on would be QID, way too risky.

I agree......the only issue is how big the % down room is going to be before the up room. :eek:

 

[gg12]

System
S 10 no PT with 10 point TS

S = Stop
PT = Profit Target
TS = Trailing Stop + Reverse Point

 

[gg12]

For the 15 point grid I've got following results:

S171 12/49
242 13/24

 

[gg12]

System is short from 12525
Trailing Stop is at 12510
At that point the postion will be reversed
Profit Target is 7*15 points

 

[gg12]

I found a nice system based on the Russel Index RUT.

Based on a 2 point grid a nice profit would have been made the last 10 days. Please see attached graphics for details.

 

[gg12]

NDX has been the most volatile index today.
INDU, SPX and RUT sideways (no big breakout)

Long since 1785
Short signal at 1790
(Trailing on 5 point grid)

 

[gg12]

INDU is in a very narrow range.

3 month trend is up! Breakout on the TOP?