Spy Swing System Alert

    Posted by tom on 3rd of Aug 2011 at 12:39 pm

    8/4/2011 : Multi Entry System 4th Long Entry Notification

    If SPY closes at or below a price of $124.93, the SPY swing system  will add a 4th entry of 20% to its current 80% stake for a total position size of 100%. 

    As always please decide what is best for you.

    dipping my toe here

    Posted by dylan398 on 4th of Aug 2011 at 04:04 pm

    market closed near the LOD...i guess we got a good price.

    but IMHO usually after a sell off like this we will see lower, before any sustained rally

    Alert for 8/4/11 ??

    Posted by rnix on 4th of Aug 2011 at 02:14 pm

    Just want to make sure if 4th buy alert today -- Update says 8/4/11 but it's at $124.93 (same price as yesterday) and no text message today so far.

    Yes, I got a text and email message..

    Posted by burkmere on 4th of Aug 2011 at 02:31 pm

    And it's the same level as yesterday, so the 4th entry is on at the level posted above.

    stops

    Posted by binthere on 4th of Aug 2011 at 11:56 am

    hi guys, are there ant stops in place in the system, at what levels?

     

    No stops, largest (intra-trade) drawdown

    Posted by philosoraptor on 4th of Aug 2011 at 11:58 am

    No stops, largest (intra-trade) drawdown for the system has been c. 10% - however this trade did turn into a very nice winner ultimately. Patience grasshopper.....

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