Posted by frtaylor on 30th of Jun 2016 at 02:57 pm
Cool stat - where did you find it? Combined with this morning's
short SPY system signal (and maybe a candle or wedge pattern) it
could mean a low risk short trade (i.e., put stop closer than the
normal SPY stop, etc. - Matt pointed out the historical drawdown
for this signal is small). I can really only buy puts, or spreads,
as my IRA is tiny, but something to watch for.
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Cool stat - where did
The past 30 years, 3 consecutive days of gains >1% ...
Posted by frtaylor on 30th of Jun 2016 at 02:57 pm
Cool stat - where did you find it? Combined with this morning's short SPY system signal (and maybe a candle or wedge pattern) it could mean a low risk short trade (i.e., put stop closer than the normal SPY stop, etc. - Matt pointed out the historical drawdown for this signal is small). I can really only buy puts, or spreads, as my IRA is tiny, but something to watch for.