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Showing posts with label Extremely Bullish Day. Show all posts
Showing posts with label Extremely Bullish Day. Show all posts

Tuesday, 28 October 2008

Alarmacar owns HPT



HPT made a bet with alarmacar that the market wouldn't rally more than 800pts today and lost. The dow closes up nearly 900pts ahead of the fed interest rate decision.

Alarmacar owns HPT



HPT made a bet with alarmacar that the market wouldn't rally more than 800pts today and lost. The dow closes up nearly 900pts ahead of the fed interest rate decision.

Monday, 13 October 2008

Today was the biggest point move in stocks ever


Today was the biggest point move in stocks ever


Wednesday, 16 April 2008

Apr 16, Gap higher and morning Bull run

I traded the first 2 hours and made a trade in the afternoon. You'll notice I put on option position on POT. I bought 1 PUT strike 195 for the month of June, costing $1,745. My target is for POT to go back down to 180-185 in the next few weeks as I feel the stock is overbought, and some of the Ag futures look like they could be setup to rollover in the next few weeks if my theory on a head and shoulders formation is correct. I'm gonna give this PUT some time to play out, but hope to be out of my position by mid May if not sooner.


Sold My ER2 longs WAY too SOON!
Very Bullish NYSE A/D off the open.
Bullish NYSE TICK readings
Oat futures- potential head and shoulders-

Corn Futures at all time high today-
POT at all time high today, outside of upper bollinger band-
Alltime high on MOS-
All time high on MON too.

Thursday, 12 July 2007

July 12 Trade Summary $703



Well my trading results were similar to yesterdays performance in terms of profitability during the time I traded. I traded light today because I was skeptical of the extreme bullishness. For most the day I watched the NYSE A/D trade lower while YM kept pushing higher. I made about $600 during the first 2 hours and then struggled to make the next $100. I could have made $1k more if I had shorted ER2 instead of YM around 1am EST, after getting the intermarket relationship trade pattern between ZN and ES around 1am. I scaled into TLT too soon and took a loss on it, but watching it along with ZN helped me turn a losing trade on YM into a small winner.(Like I said , I should have shorted ER2 or ES, because they are more bearish right now over YM and NQ). ZN and CL really tanked pretty hard during the time that I traded. I guess I should have been trading CL and ZN and just rode the trend. Every extreme NYSE low tick was a buy signal on YM this morning up until about 1am(extremely bullish day-A/D was 4:1 or greater during periods of todays' trading). I guess I should have gone long off of the news I read yesterday about the record short interest in ES. I'm done for the day, I have other business to tend to. I may not be trading tomorrow because I have work early.