10/19/2011 Portfolio Update

Trading Signals:

Longed oil and shorted dollar as instructed yesterday.

Potential Russell 2000 buy signal, TNA buy stop at $43.07, stop loss around $30.98.

Again this is a research project, I have bad feeling about long oil and short dollar but let’s see.

2

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6 Comments on "10/19/2011 Portfolio Update"
  1. #
    Comment left on:
    October 19, 2011 at 10:28 pm
    Anonymous says:

    Please, let us know if you ‘really’ add TNA as a buy.  i’m not sure what the difference is with a ‘potential’ and definite signal.
    Thanks for you prodigious and excellent material!
    TWJ

    • #
      Comment left on:
      October 19, 2011 at 11:07 pm
      Cobra says:

      You see I said buy stop at $43.07? Buy stop means if price tomorrow rises above the price given here then the long position is entered. So no position now. 

      • #
        Comment left on:
        October 20, 2011 at 12:00 am
        Anonymous says:

        Thanks. got it. I had same question.

      • #
        Comment left on:
        October 20, 2011 at 9:10 am
        Anonymous says:

        Yes, I saw that and wondered at the much higher price 43.07 (close at 39.41) and the huge volatility stop(30.98)(yes i know how you compute the VS)
        I am not sure how you compute the Breakout point.   BUT, thanks for responding and clarifying the issue.  I am just learning your system.

  2. #
    Comment left on:
    October 20, 2011 at 12:09 am
    Anonymous says:

    THX!!!

  3. #
    Comment left on:
    October 20, 2011 at 8:26 am
    Anonymous says:

    All due respect that’s nuts!
    http://stockcharts.com/c-sc/sc?s=DBB&p=D&b=5&g=0&i=p88711963120&a=246595430&r=1025
    SPX will follow comod’s

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