Forum Replies Created
-
Posts
-
staying long spoos for now and short gold 1284. will stop much over 1300 though.
might hedge the gap-up today looking for a fill and maybe one more dip before the ecb .
can see much higher prices ahead for as long as spx 1988 holds.
sold last bit of gold and will reverse short in the 1270’s , stop over 1286 , where the bear case fails
just to be clear , my long is now a swing trade – day trading wise there are likely to be big dips , maybe today included & hopefully I’ll trade around the position.
came with 5 pts of my preferred s&p long entry point earlier . Added a bit to my long and will add more around 1990 if we see that tomorrow. hold the 1990 area and I’ll get more bullish
got filled at 1990 last night , within 1.5pts of the low . had limits hit at 2030 this morning to take off a slice -lol
for as long as 1988 holds , bears are in big trouble imo and we have much higher highs ahead . I have a free ride on my longs now & intend to hold swing long unless I get stopped below 1988. the ultimate high could surprise a few.
took off a good chunk of gold last night too . Failure at 1240 may be terminal and suggest new lows ….needs to reverse higher pdq to negate this.
came with 5 pts of my preferred s&p long entry point earlier . Added a bit to my long and will add more around 1990 if we see that tomorrow.
hold the 1990 area and I’ll get more bullish
closed my remaining shorts last night and reversed small long. looking for a rally today , but with the euro judgement , who knows .
risk for longs is lower crude into expiry imo and hence I may either cut longs and re-enter tomorrow or add tomorrow on a dip. going to long oil also in the next 1-2 days
<div class=”d4p-bbt-quote-title”>baaa wrote:</div>
one characteristic of the last few years has been the lack of any backing & filling . up is up , down is down and it’s pretty much a straight line either way ( well mostly one way) above 2063/5 , then I think we easily see 2130 , maybe much more before a decent correction.hit 2064 last night -lol . took a small short with a stop at 2067. 2065 seems the final lis to me , hence the very tight stop
was spot on with the 2065 area . got lucky with the short last night , so taking 50% of it off here and will bank the rest if we slip further into the close . 2065 remains the area for bull/bear
one characteristic of the last few years has been the lack of any backing & filling . up is up , down is down and it’s pretty much a straight line either way ( well mostly one way) above 2063/5 , then I think we easily see 2130 , maybe much more before a decent correction.
hit 2064 last night -lol . took a small short with a stop at 2067. 2065 seems the final lis to me , hence the very tight stop
one characteristic of the last few years has been the lack of any backing & filling . up is up , down is down and it’s pretty much a straight line either way ( well mostly one way)
above 2063/5 , then I think we easily see 2130 , maybe much more before a decent correction.
bears had better hope this sells off later , or new highs coming….pronto.
flat at present as missed my long entry a few days back …..might well wait until we see new highs into the 21xx’s….
Seasons greetings to all.
added a quarter position short today and will add more on a rally over the next 10 days . seasonality not great , but Santa to get mauled by goldilocks & the 3 bears …
