Category Archives: Trade Plans
It’s tough to be a bear. I’ve shorted this rally here and there when TA started to show overbought since February. However not covering quickly enough has given me wounds. Now I’m licking my wounds seeing SPX passing 1,600 making its … Continue reading
My prediction on Santa Rally was spot on. I have enjoyed my 10% profit since November and an overall of 20% profit this year. I know it is much less than the 100% profit last year; but 2012 was a … Continue reading
SPX tested 1385 today then reversed up. I consider my previous call on Nov 23 fullfilled. If 1400 holds to the end of the month, consider the low was in. Time to scale in long. Santa’s train is coming to … Continue reading
Happy Thanksgiving! SPX has risen by at least 3.3% since I released the buy signal on November 14. Hope you have made some money by following my plan. There will be a small pull back next week. I can’t publish … Continue reading
It is getting into the oversold territory. Be prepared to scale in. Market can snap back all of a sudden.
Time to lock in profits; then either stay at the sideline or short any rally. Correction is coming soon. It is just a matter of time.
The bulls could not push SPX to revisit previous high (1,422). May selling is in effect as earning reports starts to fade. Markets are officially in a down trend. Down trend could last 4-6 weeks. Below are the plans. I don’t … Continue reading
Sell in May and go away. Previous high (1,422) will be revisited but be defensive and use stop loss. Keep your size small.
I don’t think the selling is over yet but a rebound is due soon. If SPX continues to go down, buy in 15% at 1,360 and 50% at 1,340. If SPX rebounds passing 1,387 decisively then the low is already … Continue reading