Friday, December 14, 2012
Wednesday, December 12, 2012
Had a $3 profit at 3:30 and was trying to sell zoom zoom up ( that damn white house).
Made only $1.2 per but love to win.
I looked for a rally today as I said yesterday.
I had hoped to get overbought but only one of my 3 indicators turned positive.
We have been up 5 days in a row and surely can be 6.
I seen no volume or any change in anything to confirem todays rally but the rally is not over.
I did buy a few Oex puts on a gut feeling based more on this chart.
We have hit this brick wall area 5 times. We have the same candle as circled.
My thought is we could pull back for 1 1/2 days at this time.
Don't marry options sell if a profit.
The Fed has nothing to offer but does the White House.
Today I had a cycle hit H to H I hope.
Posted by Jerry at 1:23 AM
Monday, December 10, 2012
Chart to left is in bull town what comes next sooner or later bear town.You can stay overbought
longer than your money will last.
Posted by Jerry at 9:55 PM