I apologize for my lack of posting lately, I have released a
batch of new systems as well as implemented new trade server
infrastructure in Switzerland.
I would like to update you regarding the posture for the
systems. The daily short that I posted previously was covered
@1159.50. The weekly RVS models have continued to add short
contracts to their existing positions which have been building. So,
the systems are now weekly short, ES, NQ, TF, EURO, YM and
long the DX (Dollar). The average win for the weekly systems on the
ES contract is over 100 points and can be significantly higher.
Given the extended conditions in the markets and the posture of all
these systems on the short side...I believe this is a fairly
compelling risk for the bulls here given the downside
consensus and also supports my view that the markets will be
20+% lower by the end of the year.
The community is delayed by three days for non registered users.
head n shoulders pattern on the 60 min spy chart
Posted by scottg on 28th of Oct 2010 at 12:20 pm
view from p campbell
Posted by scottg on 26th of Oct 2010 at 12:40 pm
A Quick Update
I apologize for my lack of posting lately, I have released a batch of new systems as well as implemented new trade server infrastructure in Switzerland.
I would like to update you regarding the posture for the systems. The daily short that I posted previously was covered @1159.50. The weekly RVS models have continued to add short contracts to their existing positions which have been building. So, the systems are now weekly short, ES, NQ, TF, EURO, YM and long the DX (Dollar). The average win for the weekly systems on the ES contract is over 100 points and can be significantly higher. Given the extended conditions in the markets and the posture of all these systems on the short side...I believe this is a fairly compelling risk for the bulls here given the downside consensus and also supports my view that the markets will be 20+% lower by the end of the year.
http://m3financialsense.blogspot.com/
any idea on when the spy system will be released? thanks
Posted by scottg on 24th of Oct 2010 at 06:50 pm
thanks rank10, it helps
rank10 how do u find all these penny miner stocks? thanks
Posted by scottg on 21st of Oct 2010 at 06:30 am
rank10 how do u find all these penny miner stocks? thanks
Posted by scottg on 20th of Oct 2010 at 08:17 pm
thanks for tvc.v rank10 and matt
Posted by scottg on 18th of Oct 2010 at 06:27 pm
wow this is too hard. need the spy system to come out
Posted by scottg on 18th of Oct 2010 at 02:20 pm
http://finviz.com/ finds multiple bottoms and double bottoms
Posted by scottg on 11th of Oct 2010 at 11:27 am
nice website that finds patterns