pftq.com
Welcome! Please Login or Register!
November 22, 2024, 12:37:39 AM
Home Login Register
pftq Forums  |  Stocks and Investing  |  General Stock and Investing Discussion  |  Stocks Daily Discussion 0 Members and 1 Guest are viewing this topic. « previous next »
Latest News!Lunar Trigger(Aug 27, 2023)
Pages: 1 ... 52 53 [54] 55 56 ... 61 Print
Author Topic: Stocks Daily Discussion  (Read 195000 times)
pftq
Administrator
*****
Offline Offline



Posts: 4204

WWW
« Reply #795 on: November 20, 2012, 10:14:04 AM »
Well we dipped, picked up a few calls to see if the Jan calls QQQ mean anything.
Logged
ItsMeexD
Member
*****
Offline Offline



Posts: 85
« Reply #796 on: November 20, 2012, 10:58:25 AM »
personally i would wait for a bigger dip, but ok, scale in slowly
Logged
wd1040
Member
*****
Offline Offline

Posts: 103
« Reply #797 on: November 20, 2012, 11:16:54 AM »
Did we get in? Bouncing off the established fib, good one I think to BFTD
* spx1d11202012.png (94.67 KB - downloaded 94 times.)
Logged
pftq
Administrator
*****
Offline Offline



Posts: 4204

WWW
« Reply #798 on: November 20, 2012, 12:49:57 PM »
Picked up a short signal on XLP via RSI.  It is the only short signal on any of the sectors/etfs though.  I'm guessing we see a gradual rotation of long positions to short over the next few trading days but just a guess on that part.
Logged
wd1040
Member
*****
Offline Offline

Posts: 103
« Reply #799 on: November 20, 2012, 01:00:10 PM »
hmm... well at least we know staples don't really correlate that much with the overall market. Are we still in any longs?
Logged
pftq
Administrator
*****
Offline Offline



Posts: 4204

WWW
« Reply #800 on: November 20, 2012, 01:01:38 PM »
Just the SPY calls to trade with the QQQ tip.
Logged
wd1040
Member
*****
Offline Offline

Posts: 103
« Reply #801 on: November 20, 2012, 01:02:56 PM »
k, but still... I think it might be a little bit too soon to rotate to shorts, especially on sectors (indiv companies will be OK)
Logged
pftq
Administrator
*****
Offline Offline



Posts: 4204

WWW
« Reply #802 on: November 21, 2012, 06:48:55 AM »
As expected, tentative short on SPY also showed up now on reversion-based strategy.  Will watch the close to make sure it holds before acting on it.
« Last Edit: November 14, 2013, 10:39:06 PM by pftq » Logged
ItsMeexD
Member
*****
Offline Offline



Posts: 85
« Reply #803 on: November 21, 2012, 10:41:50 AM »
perfect. when SPY RSI2 covers ill enter my QQQ calls.
Logged
pftq
Administrator
*****
Offline Offline



Posts: 4204

WWW
« Reply #804 on: November 21, 2012, 03:31:34 PM »
Confirmed short signal today on SPY.  Also picked up short signals on a ton of other etfs.  Will probably act on this Friday since I wasn't home today.
Logged
ItsMeexD
Member
*****
Offline Offline



Posts: 85
« Reply #805 on: November 23, 2012, 07:12:32 AM »
hope those QQQ calls are working out well! looks like it doesnt even wanna pull back
Logged
pftq
Administrator
*****
Offline Offline



Posts: 4204

WWW
« Reply #806 on: November 23, 2012, 07:16:56 AM »

Yes, the market will never pullback. We should dump everything in calls and not look back Tongue

On a more serious note, exiting the last of my longs and continuing to scale into puts.
Logged
pftq
Administrator
*****
Offline Offline



Posts: 4204

WWW
« Reply #807 on: November 23, 2012, 08:35:09 AM »

Picked up AAPL 570x calls at .38, it's been lagging the rest of the market all day.
Logged
pftq
Administrator
*****
Offline Offline



Posts: 4204

WWW
« Reply #808 on: November 23, 2012, 08:49:06 AM »

Back out at .60.
Logged
pftq
Administrator
*****
Offline Offline



Posts: 4204

WWW
« Reply #809 on: November 26, 2012, 09:34:59 AM »
Nice down day. Was beginning to worry my signals might be wrong. Tongue
Logged
Pages: 1 ... 52 53 [54] 55 56 ... 61 Print 
pftq Forums  |  Stocks and Investing  |  General Stock and Investing Discussion  |  Stocks Daily Discussion « previous next »
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.21 | SMF © 2006-2007, Simple Machines | RSS Feed Valid XHTML 1.0! Valid CSS!
Page created in 0.14 seconds with 21 queries.