The 4 open reversion to mean systems are going to exit
today:
SPY: Bear Exhaustion, QE 3.2, and ES Bear Exhaustion, QE
3.2,
all are nicely profitable, EVEN the 1st entries. For example the
1st entry on ES is up about 34 points, while the 2nd is up just
over 100 points from Friday's entry
I may elect to keep partial long positions open vs exiting all
of these. Of course if you wish to follow the systems you would
just exit, I have not decided on that yet
also we're working on a new backend for that - so I'll be
getting rid of the static images, which are a pain, and are now
getting to be too tall to take screenshots off. Building in the
spreadsheet into the website basically
Those bear market sub systems like Bear Exhaustion, QE 3.2 buy
when you are ready to throw up - like back in your college days
after too much drinking at the party and you are about to puke,
that's when those systems buy
Hip Hip Hooray ! Heck at this rate we may even get to 3709
by end of the day. These 100+ point swings are nuts.
Looking for turn around Tuesday (I was expecting the rally on
Tuesday but now i'm expecting the opposite).
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Reversion to mean system trades
Posted by matt on 3rd of Oct 2022 at 02:44 pm
The 4 open reversion to mean systems are going to exit today:
SPY: Bear Exhaustion, QE 3.2, and ES Bear Exhaustion, QE 3.2,
all are nicely profitable, EVEN the 1st entries. For example the 1st entry on ES is up about 34 points, while the 2nd is up just over 100 points from Friday's entry
I may elect to keep partial long positions open vs exiting all of these. Of course if you wish to follow the systems you would just exit, I have not decided on that yet
So the spy options are
Posted by Breakdown on 3rd of Oct 2022 at 03:59 pm
So the spy options are the only ones open?
I'll be updating that trade
Posted by matt on 3rd of Oct 2022 at 04:12 pm
I'll be updating that trade list shortly.
also we're working on a new backend for that - so I'll be getting rid of the static images, which are a pain, and are now getting to be too tall to take screenshots off. Building in the spreadsheet into the website basically
I held the previous positions
Posted by brentfreeland2 on 3rd of Oct 2022 at 02:59 pm
I held the previous positions and did not exit for the loss last week...glad I held :)
Congrats on holding. It's tough
Posted by timebandit on 3rd of Oct 2022 at 03:04 pm
Congrats on holding. It's tough sledding sometimes. I had a real sinking sensation in my stomach with that drop end of Friday's session
Those bear market sub systems
Posted by matt on 3rd of Oct 2022 at 03:17 pm
Those bear market sub systems like Bear Exhaustion, QE 3.2 buy when you are ready to throw up - like back in your college days after too much drinking at the party and you are about to puke, that's when those systems buy
ask Steve sometime about this
Posted by matt on 3rd of Oct 2022 at 03:18 pm
ask Steve sometime about this wild college days - he has some crazy stories - especially the time he was in the Ozarks :)
talk about it I did
Posted by srusso1 on 3rd of Oct 2022 at 03:25 pm
talk about it I did buy some 12 18 SPY calls Friday end of day on the bounce today I planned to sell one some how i sold all 4 at one time puke
Hip Hip Hooray ! Heck
Posted by fredsaid on 3rd of Oct 2022 at 02:46 pm
Hip Hip Hooray ! Heck at this rate we may even get to 3709 by end of the day. These 100+ point swings are nuts. Looking for turn around Tuesday (I was expecting the rally on Tuesday but now i'm expecting the opposite).