+1200 day
+2800 week
+7300 so far.
11up 5 down 3 flat
another easy day...citi weak all day broke double bottom formation shorted 4.215 covered 4.16*30k shares= 1500-300 t.a costs took about 10 minutes
short the weak names
go long the strong names
Patience for the right set ups i feel like Im hitting a stride. no stress very simple areas I am picking spots in with lmiited loss.
Outlook: still looking for 1075 on spx...another 2 % away...djia hits the 50% mark today at 9700 I expect 9800 or so.. failure to hit this simple number of 9700 alarmed me into a short bet. but here we are at the 50% mark!!! next is the 50% between top of 14200 and bottom 6600 or 10,300....resistance found in these areas will be substantial and volatility will be great! I expect a top to for in next 2 weeks sometime in 3rd week-4th week of september. posible crash in october.
I do not expect gold to burst through 1032 although would not be surprised to see 1100. a double top formation and major selloff along with equities and a rising dollar against its old bottoms.
+2800 week
+7300 so far.
11up 5 down 3 flat
another easy day...citi weak all day broke double bottom formation shorted 4.215 covered 4.16*30k shares= 1500-300 t.a costs took about 10 minutes
short the weak names
go long the strong names
Patience for the right set ups i feel like Im hitting a stride. no stress very simple areas I am picking spots in with lmiited loss.
Outlook: still looking for 1075 on spx...another 2 % away...djia hits the 50% mark today at 9700 I expect 9800 or so.. failure to hit this simple number of 9700 alarmed me into a short bet. but here we are at the 50% mark!!! next is the 50% between top of 14200 and bottom 6600 or 10,300....resistance found in these areas will be substantial and volatility will be great! I expect a top to for in next 2 weeks sometime in 3rd week-4th week of september. posible crash in october.
I do not expect gold to burst through 1032 although would not be surprised to see 1100. a double top formation and major selloff along with equities and a rising dollar against its old bottoms.