Thanks for this post. You may be aware that I concentrate on
listening to your longer trend identifications whenever you do the
(especially the week-end) newsletter. I profited greatly in 2020
with your gold monthly chart and got on board at 1300 with the move
to 2000. Then your Uranium longer term charts have made CCJ
and URA tickers that keep on giving. The dollar move last year also
with UUP. Early 2022 we had both you and Steve going bearish
on SPY , QQQ etc. So another 6-8 months out meant lovely trades. I
only trade Debit spreads but often look for big winners on weekly
to monthly charts. Often I only have three or four option trades
open for quite some time but that suits my trading profile as my
nerves aren't what they used to be. But I do still prefer the
futures contracts on SPY/ES trades. With New Zealand time I do find
that the SPY/QQQ options do not do as well as the futures which are
much more flexible time wise.
Just a thought, it may be a good idea if you do a short
newsletter from time to time on longer term trends.
thanks Mundy, and one of my ideas is to add a new section to the
website where I can place some of these long term ideas into sort
of like a blog, I wouldn't post there that often but would be a
repository for stocks and sectors that I think have intermediate
trend potential
Hi Matt, Thanks for this post.
mining stocks
Posted by mundy on 19th of Jan 2023 at 11:24 pm
Hi Matt,
Thanks for this post. You may be aware that I concentrate on listening to your longer trend identifications whenever you do the (especially the week-end) newsletter. I profited greatly in 2020 with your gold monthly chart and got on board at 1300 with the move to 2000. Then your Uranium longer term charts have made CCJ and URA tickers that keep on giving. The dollar move last year also with UUP. Early 2022 we had both you and Steve going bearish on SPY , QQQ etc. So another 6-8 months out meant lovely trades. I only trade Debit spreads but often look for big winners on weekly to monthly charts. Often I only have three or four option trades open for quite some time but that suits my trading profile as my nerves aren't what they used to be. But I do still prefer the futures contracts on SPY/ES trades. With New Zealand time I do find that the SPY/QQQ options do not do as well as the futures which are much more flexible time wise.
Just a thought, it may be a good idea if you do a short newsletter from time to time on longer term trends.
thanks Mundy, and one of
Posted by matt on 20th of Jan 2023 at 02:34 pm
thanks Mundy, and one of my ideas is to add a new section to the website where I can place some of these long term ideas into sort of like a blog, I wouldn't post there that often but would be a repository for stocks and sectors that I think have intermediate trend potential
That would be great!
Posted by mundy on 20th of Jan 2023 at 03:40 pm
That would be great!