Need some of the
blogs thoughts and inputs on the gap up in oil. I
need to hedge (protect) my long term Oil / MLP retirement
income stock positions.
I believe oil gapped
up mainly due to a drop in the dollar???
Given that, should I
look at the oil and dollar charts, then
based on TAdecide
when to initiate a short hedges such as SMN or DUG.
What are your
entry thoughts based on the dollar or oil charts given all the
market turmoil? PS - I'm glad I closed out my SRS
positions! Thanks
The community is delayed by three days for non registered users.
Oil Gap Up Question?
Posted by myboots on 20th of Sep 2008 at 11:05 am
Need some of the blogs thoughts and inputs on the gap up in oil. I need to hedge (protect) my long term Oil / MLP retirement income stock positions. I believe oil gapped up mainly due to a drop in the dollar??? Given that, should I look at the oil and dollar charts, then based on TAdecide when to initiate a short hedges such as SMN or DUG. What are your entry thoughts based on the dollar or oil charts given all the market turmoil? PS - I'm glad I closed out my SRS positions! Thanks
GDX
Posted by myboots on 17th of Sep 2008 at 02:42 pm
Matt - To late to get in?
SRS
Posted by myboots on 17th of Sep 2008 at 02:22 pm
RP - I scaled out of SRS also before I saw you message - looking to go back in, but not today!
SRS
Posted by myboots on 17th of Sep 2008 at 11:34 am
RP - still holding SRS? What is your action going into the close today? I'm still holding, but may close out - it depends on Matts TA
RP - SRS?
Posted by myboots on 17th of Sep 2008 at 10:15 am
At this point what are your thought on SRS - I have a lot?
SRS
Posted by myboots on 15th of Sep 2008 at 02:26 pm
I sold all my SRS on the gap up! Looking to re-enter.
Thanks all!
Posted by myboots on 15th of Sep 2008 at 11:03 am
Long SRS - Sell?
Posted by myboots on 15th of Sep 2008 at 10:39 am
Matt/Doger/RP/others - Long (swing trade) a ton of SRS, however thinking to sell today on pull back to scale back in lower. Your thoughts!!!!
FED Meeting
Posted by myboots on 15th of Sep 2008 at 10:26 am
Is there a meeting tomorrow? Anybody think a rate decrease which could trump the market?
A road map is good
S&P 500 15 min chart
Posted by myboots on 11th of Sep 2008 at 11:11 am
A road map is good for planning purposes - that would be my use since I'am a position (trend - not swing) trader!
Wave counts?
S&P 500 15 min chart
Posted by myboots on 11th of Sep 2008 at 10:24 am
Matt/Steve:
New here - How profitable has the TA wave count methodology been or helpful for you guys?
I don't understand, so were can I read up on this to understand what you guys are discussing?
Thanks
SRS
Posted by myboots on 8th of Sep 2008 at 11:36 am
Anybody scaling into SRS - I'm in @ 80?