Posted by ocracoke53 on 20th of May 2008 at 02:52 pm
doc, that's close to what I've been doing. In my longer term
accts I've held most of my SRS position. In the trading acct the
trades have worked out nice. If we loose support on the daily
uptrend line on the SPX or breakout on Matt's daily SRS chart I'll
add to my SRS position for a longer term swing trade. Following SRS
in this bottoming pattern over the last several weeks has worked
out nice! Thanks!
SRS
Posted by drorlando on 20th of May 2008 at 02:41 pm
Guys, I will not tell you how to trade but SRS is such a good buy that perhaps just sell 1/2? IMO anyway.
SRS
Posted by ocracoke53 on 20th of May 2008 at 02:52 pm
doc, that's close to what I've been doing. In my longer term accts I've held most of my SRS position. In the trading acct the trades have worked out nice. If we loose support on the daily uptrend line on the SPX or breakout on Matt's daily SRS chart I'll add to my SRS position for a longer term swing trade. Following SRS in this bottoming pattern over the last several weeks has worked out nice! Thanks!
drorlando -- I'm not selling
Posted by Michael on 20th of May 2008 at 02:47 pm
drorlando -- I'm not selling SRS. Unless the intraday charts are screaming sell, I'll sell half. I have a full position and may add more.