THANKS Chief
What is your faded gold line behind GDX on your lower panel ?
GDX:GLD, leading down now means GLD will go further down.
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I hope Mr. M got in oil in right time. I mentioned that US supply of oil has increased since Sept 2012 and the next day, OPEC estimated that it would be an increase in oil demand by mid 2013.Oil is getting greasy rather sliding ,it's going up.Oh boy, I feel bad for Mr. M.
Cobra wrote:now key time for bears. cannot make a new low, then the game is over for them.
Dax still HOD, above previous high. So more up?
DAX up or down determines how SPY opens mostly.
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I hope Mr. M got in oil in right time. I mentioned that US supply of oil has increased since Sept 2012 and the next day, OPEC estimated that it would be an increase in oil demand by mid 2013.Oil is getting greasy rather sliding ,it's going up.Oh boy, I feel bad for Mr. M.
I don't know which way he traded oil but he's a PUT writer (selling puts) most of the time
Last edited by TraderJoe on Fri Jan 25, 2013 12:44 pm, edited 1 time in total.
Al_Dente wrote:I’m not worried about you Doc, as I know you have TIGHT stops and YOU HONOR THEM
I’m not ready for her just yet
[imho: NOT FOR NEWBIES, plus NOT designed for overnight holds, as mentioned a dozen times in the prospectus]
First and most important rule of any mechanical trading system, "Every signal is a winner unless proven otherwise".
Pasta rule:
When the market starts dicking around like crazy… consult the honey badger
I hope Mr. M got in oil in right time. I mentioned that US supply of oil has increased since Sept 2012 and the next day, OPEC estimated that it would be an increase in oil demand by mid 2013.Oil is getting greasy rather sliding ,it's going up.Oh boy, I feel bad for Mr. M.
The Magical Mr. M. usually sells puts at a decent strike
I don’t feel sorry for him sitting on all his premium $$$
[I could be wrong ]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
I hope Mr. M got in oil in right time. I mentioned that US supply of oil has increased since Sept 2012 and the next day, OPEC estimated that it would be an increase in oil demand by mid 2013.Oil is getting greasy rather sliding ,it's going up.Oh boy, I feel bad for Mr. M.
I don't know which way he traded oil but he's a PUT writer (selling puts) most of the time
I just hope he is in the right side of the trade regardless if he is option or anything else, etc.
breakout, bull target met. will challenge the day high again.
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