hello vasiboy - yes I sent out that SPY system breakout trade yesterday morning on the open. It worked out better as it actually triggered on Tuesday and prices then fell about 30 points on Wednesday, so we got better prices.  

    I looked at your email and looks like you got the email and opened it about a day ago. I also sent a text message out that morning with the email - if you find that you get a better notification via text you may want to sign up for that. These days we see text messages easier than emails. see attachment, I removed your personal info

    and yes some of your comments about things are very true. Lot of emotion here and some of the comments from folks just do not help -the constant rah rah posts without giving any substance is of no use and actually gets others who maybe struggling and new emotional

    and yes the markets can stay stupid far longer than you can imagine - which is why you adhere to your triggers and your system. 

    When I pointed out things over the past couple weeks showing the negative breadth and stating that the market needs to get broader leadership than 8 stocks, and showing some things like the negative breadth on the McClellan and HYG. It's my job to point those things out, not ignore them. I didn't tell people okay sell your longs, go short - no play the trend at hand until it changes. And we've started to see what I said we need to see, other groups and sectors starting to participate. 

    a good analogy: let's say you are driving your car and you see a yellow flashing sign, or you see dark rain clouds - do you stop driving? no, you keep driving, but  you might be a bit more cautious and pay more attention but you keep driving - and maybe it doesn't rain and the clouds pass right by. 

    Well thanks for confirming Matt,

    Posted by vasiboy on 2nd of Jun 2023 at 08:48 pm

    Well thanks for confirming Matt, I don't know who opened it on my end, but it doesn't matter cause I was long anyway. Scaled out half today, lets see what happens next week. The feeding trough has been put out so that fat cattle can get fatter (ie. did the debt ceiling really get lifted...again?). More monopoly money to the masses, (they are the last to feed).

    Just a side note, when they orchestrated  the world wide covid payments to everyone, (which was obviously necessary), I kept telling family and friends there are no free lunches and they have a plan to take it all back, "and then some!". Well the chickens have come home to roost, so batten down the hatches for more debt. If you have kids and spare money, give it to them now, cause they need it more than ever to get a leg up. We're all living longer and they will be broke by the time your six feet under, cause their inheritance wont even scratch the surface. Help your kids get out of debt as fast as possible.... All in IMHO :)

    also guys remember you can

    Posted by matt on 2nd of Jun 2023 at 08:16 pm

    also guys remember you can see the post email and text alerts all from the systems alert

    https://breakpointtrades.com/archived/ 

    I mention this again because of how email is these days: spam filters etc, for some reason one of our emails or alerts might get sent to some spam or promotions filter. one thing you should get in the habit of doing is checking the past systems alert page just to make sure you didn't miss anything - click on it once a day

    I never have issues getting

    Posted by donkeyface on 4th of Jun 2023 at 09:41 pm

    I never have issues getting anything.   Since joining BPT over a year ago, I’ve removed almost 100% of my other resources in pursuit of efficiency… I just don’t need anything else anymore.  Thanks for what y’all do. 😉   

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!