Just a reminder - should the market continue higher early next
week, the next scaleout price on the SPY Pro system is at $167.41,
which would represent a 2.5% gain. The scaleout version of
the system would scale out of another 20% of its shares there,
since the system has already scaled out of 20% of its position
already at a 1% gain last week, the system would have 60% of it's
shares remaining. There is a 3rd scale out at 4.5% gain, and
the rest (40%) would be held until the final exit
and now the BPT MA is back to red - see what I mean guys, that's
why I don't report the intra day status on the daily one because it
flips back and forth
SPY Pro Scaleout System FYI
Posted by matt on 6th of Sep 2013 at 02:35 pm
Just a reminder - should the market continue higher early next week, the next scaleout price on the SPY Pro system is at $167.41, which would represent a 2.5% gain. The scaleout version of the system would scale out of another 20% of its shares there, since the system has already scaled out of 20% of its position already at a 1% gain last week, the system would have 60% of it's shares remaining. There is a 3rd scale out at 4.5% gain, and the rest (40%) would be held until the final exit
and now the BPT MA
Posted by matt on 6th of Sep 2013 at 03:13 pm
and now the BPT MA is back to red - see what I mean guys, that's why I don't report the intra day status on the daily one because it flips back and forth
SPY - BPT RED
Posted by nichi on 6th of Sep 2013 at 03:25 pm
Matt: That's OK to be hot/cold...red/green...part of life. LOL