Posted by hurricanemalta on 18th of Aug 2011 at 05:54 am
To BPT or other members...
I know many of you guys have REALLY studied the trades of the
system and so maybe can add some thoughts on my query.My question
is do you guys think this system has a long bias or simply is there
no way of telling?Clearly some of you guys are VERY
mathematically/probability oriented.Since the system has gone live
there has been plenty of 'down ' but we only seem to go long
even though we had plenty of big bounces to short from and big
drops but no short trades .Often Matt would indicate a
potential long trade if we were close by giving buy zones but I
have never seen mention of a potential short
trade zone etc since the system went live.
So do you guys notice a bias for long trades or no way of
knowing or is it just a time in the market where the system keeps
going long.Excuse my ignorance but I look at falling ma's on the
daily chart and a 10% bounce but no mention of a
potential short trade zone.Remember usually the system scales
in to 4 trades so surely we were getting near a potential FIRST
short entry trade.
Any thoughts if you have really looked into previous results.If
this has been discussed before maybe someone could direct
me.Frankly I looked at 90% success rate and thought I can't beat
that so went with a SPY membership!No doubt many fell into my
category.
Posted by hurricanemalta on 13th of Aug 2011 at 07:26 am
Furthermore if this is wave 4 as I think then 110 will get
taken out before a real bounce emerges back up to one of the
important daily ma's etc.Of course I may be wrong.I am looking for
here to 1210 zone tops on this wave 4 bounce and then back
down.
So 9% is bad but 15 % was worse.
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even FXA the aussie $ tracker is down 1.75%..all risk aversion
usd breal
Posted by hurricanemalta on 19th of Sep 2011 at 01:31 pm
yep the qqq down .74% BUT the Nasdaq 100 equal weight down 1.44%!
AAPL carrying the weight of the world on its shoulders....
Posted by hurricanemalta on 19th of Sep 2011 at 11:28 am
thanks lessarda and rp... I like the short qqew short idea..defensible short it seems
Posted by hurricanemalta on 16th of Sep 2011 at 01:34 pm
Rp..is there a nasd 100 equal weighted index short etf . BTW Good to see you here again
Posted by hurricanemalta on 16th of Sep 2011 at 12:29 pm
a few others to look at are HYG,HYLD,HYS,JNK,PHB,UJB but some not liquid!
Short junk?
Posted by hurricanemalta on 16th of Sep 2011 at 11:50 am
i think you mean SJB Mike
Short junk?
Posted by hurricanemalta on 16th of Sep 2011 at 11:39 am
Glad to hear someone else was thinking alike.
Posted by hurricanemalta on 14th of Sep 2011 at 01:55 pm
But look at the CAC..a break of the recent lows by an extra 10% and we are at March 2009 level.Talk about elevator down!
Germany, DAX, EWG
Posted by hurricanemalta on 13th of Sep 2011 at 06:56 pm
HI MG..what is the ma on that chart??
there is nothing....
Posted by hurricanemalta on 10th of Sep 2011 at 02:44 am
I agree MG...hopeless is too good a description.
as you may have noticed....
Posted by hurricanemalta on 9th of Sep 2011 at 01:56 pm
euro fall no doubt as a result of rumour of Greek default this weekend
SPY Gap Below
Posted by hurricanemalta on 9th of Sep 2011 at 09:47 am
Looks a defensible short to me.Defensible is always MOST important to me.Your exit looks nearby if you are wrong.
SRS for a hold here?
Posted by hurricanemalta on 1st of Sep 2011 at 11:54 am
I have asked that question on this blog for 2 years and nothing..move on!
Fed funneled 16 Trillion to Banks
Posted by hurricanemalta on 26th of Aug 2011 at 01:14 pm
You look at that and realize again why the average Joe should correctly have NO interest in equities anymore.Return of capital should rightly remain no.1 priority to him.
small flash crash in the DAX
Posted by hurricanemalta on 25th of Aug 2011 at 10:46 am
Hey Biscuit don't speak too soon...check if he is still around in a few months..maybe ..maybe not!
S&P Board Fires CEO, Replaced With COO Of Citibank
Posted by hurricanemalta on 23rd of Aug 2011 at 09:27 am
Just another example of why no outrage amongst US citizens.Maybe you guys just have extra comfy couches that are too nice to leave!Such a disappointment.
S&P Board Fires CEO, Replaced With COO Of Citibank
Posted by hurricanemalta on 23rd of Aug 2011 at 09:20 am
Does the SPY system have a long bias?
Posted by hurricanemalta on 18th of Aug 2011 at 05:54 am
To BPT or other members...
I know many of you guys have REALLY studied the trades of the system and so maybe can add some thoughts on my query.My question is do you guys think this system has a long bias or simply is there no way of telling?Clearly some of you guys are VERY mathematically/probability oriented.Since the system has gone live there has been plenty of 'down ' but we only seem to go long even though we had plenty of big bounces to short from and big drops but no short trades .Often Matt would indicate a potential long trade if we were close by giving buy zones but I have never seen mention of a potential short trade zone etc since the system went live.
So do you guys notice a bias for long trades or no way of knowing or is it just a time in the market where the system keeps going long.Excuse my ignorance but I look at falling ma's on the daily chart and a 10% bounce but no mention of a potential short trade zone.Remember usually the system scales in to 4 trades so surely we were getting near a potential FIRST short entry trade.
Any thoughts if you have really looked into previous results.If this has been discussed before maybe someone could direct me.Frankly I looked at 90% success rate and thought I can't beat that so went with a SPY membership!No doubt many fell into my category.
Pallidin..I get that idea!
Ratigan Blasts US Political-Banking Ties; "Corrupt Congress"
Posted by hurricanemalta on 15th of Aug 2011 at 02:03 pm
As an outsider for me Ron Paul is the only guy that could put the US on an appropriate course.He gets it IMO and is in politics already and so is a viable choice.
Ratigan Blasts US Political-Banking Ties; "Corrupt Congress"
Posted by hurricanemalta on 15th of Aug 2011 at 01:33 pm
Yep we all know ouch as you put it, but as intra trade it was down at 110 suddenly 118 doesn't look so bad!
Well...
Posted by hurricanemalta on 13th of Aug 2011 at 07:26 am
Furthermore if this is wave 4 as I think then 110 will get taken out before a real bounce emerges back up to one of the important daily ma's etc.Of course I may be wrong.I am looking for here to 1210 zone tops on this wave 4 bounce and then back down.
So 9% is bad but 15 % was worse.