alternative viewpoint to 'pity shorts'

    Posted by hazbin1 on 2nd of Jan 2013 at 09:37 am

    being short a boatload of puts! Money mouth oh yeah!! keep this rally going!

    Great ... so much for

    Posted by cpickering on 2nd of Jan 2013 at 09:23 am

    Great ... so much for "the rally won't get over 1432" in our 12/30 newsletter. First trade since becoming a member .... LOSER.

    chuck -  cpickering, I sent you an

    Posted by matt on 2nd of Jan 2013 at 09:53 am

    chuck -  cpickering, I sent you an email, looks like you need some  guidance  on how to use the website - give us a call.

    As far as shorts - can you point out shorts that we suggested recently?  In fact my systems have been long, last week I posted that 4 of my SPX systems and DVY system went long on Dec 27th!

    here's a link to that post which I also emailed out, those systems are up very nicely now,

    http://breakpointtrades.com/blog/post/213613/

    RSI 2 systems

    It looks like several of my RSI 2 market systems will go long today as long as RSI 2 stays oversold below 10%.  Here's some statistics and charts.  

    Also I have a strategy on the ETF DVY, which is the DJ Select Dividend ETF, pretty good stats with an 11 PF and 89% winning trades.  

     

    Who said the rally would

    Posted by steve on 2nd of Jan 2013 at 09:33 am

    Who said the rally would not get over 1432?  The market's action was all correlated with the fiscal cliff news.  There was NEVER a mention of the market not getting back above 1432...I have no idea where you get that number. I said to watch to see how the market would react to whatever came out of the fiscal cliff discussions. 

    I certainly don't see any such suggestion on the Trade Ideas section either.  You must be referencing another newsletter.

    http://breakpointtrades.com/watchlist/

    The trade you entered had NOTHING to do with what was stated in the newsletter and there was no statement regarding 1432 being a level at all.

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