Wednesday, March 12th, 2008
I made the best (relatively speaking) of a bad situation. I disobeyed my slow stochastics indicators on Monday when they were all indicating that I should have gotten out of the short-term puts I was in. Plus, we were in the third day of a three day down leg. I ...
Posted in S&P 500, puts, stochastics | No Comments »
Wednesday, March 5th, 2008
Bought March $60 puts on GNK earlier in the trading day today. GNK was up big today (5%), which made for a lower-cost entry point. Contingent stop is set at 64.35.
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Tuesday, March 4th, 2008
Winace over at ChannelLines.com predicts we are going down tomorrow:
Tomorrow, we're going down. I do not even question this. All 4 indices are to the penny, it is more than mere coincidence. I'll post some targets in the newsletter.
Such a statement is based on this graph: (note the blue upward ...
Posted in Uncategorized | No Comments »