Friday, March 26, 2010

In fact change of heart i'm going to take the small profit on the long term trade and go short.
As I type the NDX is at 1944 it seems the uptrend is stalling out we have an immediate downside target of 1891 a breach of here would bring the validity of the long term uptrend into question. Since we opened the trade at 1903 the potential is for only a 12 point loss and so this is not of great concern if we breach 1891 then we will go long term short with a target back down at the 1700 area where we made the low in early February.

Thursday, March 25, 2010

I am closing the short term trade at 1966 and going short long term trade is still up

Tuesday, March 23, 2010

the NDX has closed today at 1960 ish can only see further upside. Long term i think we're in a bull market until 2018.

Thursday, March 18, 2010

After much tooing and froing in recent trades (which has admittedly made the trading table a mess, but which has fortunately actually made us money) I have finally come to the conclusion that the NDX is indeed going up, that is short term as well as long term, we are therefore long again at 1935

Wednesday, March 17, 2010

Okay we are short at 1940 following the failure at 1950
Actually feel ive made a mistake on the short term cycle here and that it will actually go higher so closed at 1939 and gone long

Tuesday, March 16, 2010

I am of the opinion that the market currently trading at 1930 must move lower between now and the vernal equinox. It must go to 1872 on this date a number which faces the vernal equinox on the square of nine. We will nonetheless keep the long trade going as I am nigh on certain that the bull markets stands and higher prices lie ahead in the future, so short term down longer term up.

Monday, March 15, 2010

Nasdaq 100 is currently trading at 1921. I think the 1930 on Friday will actually be the high for this move I expect a retracement to 1870 ish now probably to around the 21st March. So for the small term moves we are now short, we remain long for the longer term move

Wednesday, March 10, 2010

Have had a complete change of mind and instead beleive this market will rise to the 1940 area before any sell off, trades have been adjusted to reflect this.

Tuesday, March 9, 2010

My apologies for going quiet I haven't posted since the 1st March. We close today the short term trade at 1903 and will go short from here. target is 1866 we shall also close the long term trade here at a loss. of 13 points and go long.

Monday, March 1, 2010

I have gone long at 1835 with a target at 1872 feels good to have aborted that last trade.
The most recent short term trade has been closed at 1835. That's what you get for not sticking to the rules.