alf44 2,025 posts msg #95339 - Ignore alf44 modified |
8/3/2010 8:58:48 AM
......................... Fine As Frog Hair !!!
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Eman93 4,750 posts msg #95568 - Ignore Eman93 modified |
8/10/2010 9:55:43 PM
Alf.
I read the Fed report and did not see anything to get all bullish about.
If you know what was the action in TLT all about please fill me in. sell the news or wtf?
I dont have any TLT but I know you have been watching it.
Thanks,
Eman
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alf44 2,025 posts msg #95590 - Ignore alf44 modified |
8/11/2010 6:06:00 PM
E93 ... TLT is one of several ETFs in my "symlist" ... that are there to hopefully provide clues of overall Market sentiment !
It's a fairly new addition for me ... and I'm trying to implement it in determining an overall Market bias !
Do I fully understand it's movements and WHY ?
Uhhh ... NO !!!
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Bonds are NOT my thang !
That said ... I did use TLT as a "tell" to GIT SHORT this Market !
FWIW ... I have remained SHORT TWM ... since 7/26 !!!
Needless to say ... today was a good day !
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Currently UP +15% on my TWM "SHORT" position !!!
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alf44 2,025 posts msg #95591 - Ignore alf44 modified |
8/11/2010 8:11:07 PM
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alf44 2,025 posts msg #95593 - Ignore alf44 modified |
8/11/2010 8:14:53 PM
............... $hort is $weet !!! ...........
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Eman93 4,750 posts msg #95595 - Ignore Eman93 |
8/11/2010 8:52:40 PM
The rally yesterday was perplexing.... the volume on the rally set me back a bit... but as it sold off I picked up some VXX and sold into the spike this am, I was fully expecting a bounce around RUT 625 to 620ish and a rally to the 200 ma on the 60min chart. or even better a back test of 640.
So after the market closes I am reading the twitter feed and see cisco tanked and everything starts to tank TWM jumped so I look at VXX and its like not moving only up a dime so I bought a bit at 22.90 now its 23.50 so I am not so mad I sold early.
I will go all in on a pullback to 640... if I have the guts...lol
Great trading ALF I hope to someday have the patients and the fortitude to hang with a trade.
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alf44 2,025 posts msg #95597 - Ignore alf44 modified |
8/11/2010 9:19:35 PM
... I hope to someday have the patients and the fortitude to hang with a trade ...
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I find that indulging ... after hours ... in copious amounts of ... well ... "adult beverages" ... helps !!! fwiw
LOL
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alf44 2,025 posts msg #95624 - Ignore alf44 modified |
8/13/2010 12:03:52 PM
1080 on the S&P ... is the "Line In The Sand" !
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alf44 2,025 posts msg #95625 - Ignore alf44 |
8/13/2010 4:05:59 PM
FYI ...OUT of TWM position ... PROFIT +16% on the trade !!!
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Eman93 4,750 posts msg #95634 - Ignore Eman93 |
8/13/2010 9:18:36 PM
Nice Alf,,,,
Did you go long EOD?
I have some VXX from Thursdays pull back and bought a litte CEG at the open for long.
Like the divergence on CEG and bouncing off the trend line.
I was out all day so was not able to sell my VXX.
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