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Ok. I had entered long last Thursday at 3225 and I'm profit taking--out at 3345 this morning!
Hmmm. My theory sees a potential problem for the bullish thesis in near future. I might have to exit tomorrow, as long as I am at break even or...
I missed the SPX 3210 collapse this morning. On the morning rally, I exited my long position from yesterday at 3235, hoping for a stronger...
Oh, I didn't know about that. Interesting
At any rate, back to market issues. It seems the SPX is currently range bound between around 3210 and 3310. If that is correct, 3310 to 3340 is...
I guess I came here in the past for some: 1. insight; 2. a challenge; 3. entertainment. But alas...
The past couple of years here and the previous website seems like being a participant in "The Walking Dead" [I quit watching it a few years ago,...
I miss those on this website and the previous one who made some bizarre but fairly accurate predictions 70% of the time. The 30% being wrong...
If the SPX collapses to 3200 or 3210, it means adding in long--my theory says the price has to go back up at least to 3300 at some point
I am thinking of exiting for profit taking at SPX 3300 or 3320--but it all depends on the price action, of course. J has to be nimble and smart
Ok. Back in long at SPX 3235!
I may re-enter long at 3250 or non-above. But, we'll have to see what the price action looks like at that point--if it happens to collapse to...
Ok. Out for "profit taking" at SPX 3297
Right, the issue is when to "profit take"
I don't like entering unless the market is at a meaningful entry level. So, it took some time, but it's time baby!
Finally, some real action. I'm back in. I entered long at SPX 3235 today
I wrote the following on Friday: "Ok. I entered long position #1 at SPX 3008 today. I don't care if it goes up or not. But, if it collapses more,...
Ok. I entered long position #1 at SPX 3008 today. I don't care if it goes up or not. But, if it collapses more, I shall enter lot #2. I expect...
The collapse last week and up to today tells me that the SPX is susceptible to collapsing to non above SPX 2900 at some point--even with the FED...
Ok. There's the SPX 3050. I'm all out. Focusing on risk management. And then, hopefully, another collapse to enter, starting from scratch.
