04/05/2012: Multi Entry
System2nd Long Entry
Notification
If
SPYcloses below the price
of
$139.73, the
Multi Entry SPYswingsystemwill add a 2nd entry of
20% to its current 40% stake for a total position size of 60% of
allocated capital.
Wow, down to the wire again, and another ambiguous closing where
the closing price was pennies above the buy target, yet the price
quickly dropped below the buy target after the bell. I guess
we are machines, thus no 2nd scale in today.
It's an even bet that come monday we'll see lows even lower than
the futures of this morning. and the sytem will probably
issue a second buy for the multi-entry, so we'll be getting better
prices.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
SPY Swing System Trade Alert
Posted by tom on 5th of Apr 2012 at 02:31 pm
04/05/2012 : Multi Entry System2nd Long Entry Notification
If SPYcloses below the price of $139.73, the Multi Entry SPY swing systemwill add a 2nd entry of 20% to its current 40% stake for a total position size of 60% of allocated capital.
Trade Alert
Posted by sethbru on 5th of Apr 2012 at 04:25 pm
Wow, down to the wire again, and another ambiguous closing where the closing price was pennies above the buy target, yet the price quickly dropped below the buy target after the bell. I guess we are machines, thus no 2nd scale in today.
It's an even bet that
Posted by frtaylor on 6th of Apr 2012 at 01:53 pm
It's an even bet that come monday we'll see lows even lower than the futures of this morning. and the sytem will probably issue a second buy for the multi-entry, so we'll be getting better prices.