Moves Today

Tuesday, April 8th, 2008

Having been away from the market for the better part of two weeks, I've made the following moves over the past two days: Yesterday Closed out MEE Closed out ...

Reversal Price Targets

Monday, March 24th, 2008

I see the next leg of the bear market beginning when the following price targets are hit: SDS - 61 SKF - 100 USO - 79 VIX - 23/24 TWM - 78/79 ...

Upcoming Entry Points

Thursday, March 13th, 2008

Based on my charts, I see the following upcoming entry points (to go long these ultrashorts): EEV - 74 SDS - 63 to 64 (not crazy about that one) SZK - 71 SKF - 103 ...

Closing Into A Short-Covering Rally

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 ...

Winace Calls For A Drop Tomorrow

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 ...