Hi all,

Recap ….

Intraday wise …. I banked 0 points in spoos today.

I have 1 short in Ftse, 16 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB

We have a KTB triggered at close on 05/02/2014.
It is now negated after DAY3.

KTS
We have a KTS triggered at close on 10/02/2014.
TODAY IS DAY4.

SYSTEM BDIP

We have a BDIP triggered at close on 11/02/2014.
TODAY IS DAY3.

DAY1… We got a low of -2.25.
DAY2… We got a low of -15.00.
DAY3…
DAY4…

We have a BDIP triggered at close on 07/02/2014.
It is now negated after DAY4.

DAY1… We got a low of -7.25.
DAY2… We got a low of -1.25.
DAY3… We got a low of -2.25.
DAY4… We got a low of -15.00.

We have a BDIP triggered at close on 06/02/2014.
It is now negated after DAY4.

DAY1… We got a low of -8.75.
DAY2… We got a low of -7.25.
DAY3… We got a low of -1.25.
DAY4… We got a low of -2.25.

DDUD

None in play.

SYSTEMS TRIGGERED

SYSTEM ESF
CAN BE A TRENDING DAY. IF NO +3 AND THEN IT TRADES <-4, IT CAN THEN TREND DOWN. LIKEWISE IF NO -3 AND THEN IT TRADES >+4, IT CAN THEN TREND UP.

SYSTEM ESL1
MORE CHANCE OF DOWNSIDE THAN UPSIDE, USUALLY TRADE POSITIVE AT SOME POINT, NORMALLY GET -3, IF NO -3 THEN RARELY CLOSE AT HIGHS, UPSIDE UNSUSTAINABLE & CLOSE WITH LITTLE CHANGE ON THE DAY. CHANCES OF -7, -10 & -17 ALSO. THE CLOSE CAN BE VERY ERRATIC. ALSO AFTER THIS SYSTEM THERE IS ANOTHER CHANCE OF A -3 THE NEXT DAY

ES17B

ES92

SYSTEM SPXF
MORE CHANCE OF A +3 THAN A -3. IF SPX GAPS DOWN THEN IT USUALLY NEGATES THE POSITIVE CALL AND CAN BE A NEGATIVE SYSTEM

SYSTEM SPXL1
VERY ERRATIC SYSTEM IN TERMS OF HIGH/LOW/CLOSE. USUALLY IS A DOJI DAY WITHIN +5 / -5. TRADING > +5 USUALLY CLOSES POSITIVE, TRADING < -5 CLOSES NEGATIVE. THAT’S WHEN IT BECOMES A TRENDING SYSTEM

Spoos closed at 1824.25 (basis Mar)

K+3 = 1827.25

K-3 = 1821.25

Conclusion

We have NO KHC SYSTEMS in play.

We also have a KTS DAY4 & BDIP DAY3 in play.

The BULL has crooksday up and WNER up.

No KHC -ve’s, but we have a KTS and BDIP combo that kicked in yesterday in terms of low print so a definite chance of -5/-7 on the face of it, but nothing more to say.

As it stands it is in an UPTREND and MAD UP. In that MODE they buy any dips and thats if you get a dip to buy.

Not in the mood to add to shorts and not in the mood to long here.

Lets see globex action overnight

Well systems seem vaguely negative. Am hoping it gives up this mad mode tomorrow as my shorts from average 1785 aren’t enjoying it here.

I just been out for a beer and even this chap who makes furniture thinks the end is nigh. He was telling me about concentration camps they intend to set up in The US once the sh*t hits the fan. he did whoever say ‘when?’…thats it…we can be dead right, but if spoos goes to 2200 and kills us first before 1000 then so what?

Day to day is good apart from when what is happening now happens. Gap fill failed one day. Then MS failed (for now) and it is up more despite kts and bdips. It’s a killer but MS AT 1785 gets me breake even.

I think we go much much lower to be honest. Even 14xx print would not surprise me in the next few weeks/months. I am happy to feed these shorts for now. I am hoping the 1846 zone high is the high.

Dan.

working all day yesterday so read a global market report last night – US retail sales fall, jobless claims up, stocks rally???????

very frustrating at the moment

The opening looks weak imo.

Short 1824

I still feel this looks weak and hence although it might not go much down, it should not go mad today

It is unshortable.

Very happy with my entry so not going to even think about cutting.