Archive For "February, 2012"
DGP stopped out flat AGAIN.
The system will try to short gold tomorrow. Set DZZ buy stop at $4.55, stop loss around $4.24, for about 1590 shares. [Read the Rest]
...Four cents:
- Might see more pullbacks but may close green eventually tomorrow.
- Maintain the call that we’ll see from top to high 2.5%+ pullback soon.
Very very bullish Bearish Engulfing formed on SPY daily chart today. No, it’s not a typo, see statistics below yourself. So bears, no champagne please, at least not yet. [Read the Rest]
...Nothing to say today. If you missed yesterday’s portfolio update, here is the back test results of the trading system I’m hatching now. [Read the Rest]
...Nothing to say today. Could be an Ascending Triangle in the forming, so we might see more on the upside tomorrow. [Read the Rest]
...Not sure about tomorrow, it’s a Leap Day, (wondering, by the way, anyone born on Leap Day? How do you celebrate your birthday then?), the performance is a little bit bearish biased. [Read the Rest]
...The chart below shows the back test results of the trading system, trading all 5 assets in the past 2,000 trading days. [Read the Rest]
...Three cents:
- SPX cloud close in red tomorrow.
- Maintain the call that a top is close. This is not an intermediate-term short signal however.
The bottom line, bears might get some chances tomorrow because when both VIX and SPX are up at the same day for 2 days in a row, there’re 80% chances a red close the next day. [Read the Rest]
...TMV buy order not confirmed but the system will try to long it again the next Monday. Set TMV buy stop at $74.48, stop loss around $68.42, for about 100 shares. [Read the Rest]
...Two cents:
- Because the Friday’s higher high is not decisive enough so bears still have the hope that this could be a Double Top in the forming.
The bottom line, as mentioned in the last night report, the previous high is the key to watch. We did break above the previous high today but unfortunately it’s not decisive enough so guess we’ll have to wait for the next Monday. [Read the Rest]
...Guys again, poll time, let’s see how many bears are still kicking. Please cast your ballot HERE. Again, don’t be shy, nobody knows you voted for, even I cannot see how you voted. [Read the Rest]
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