These could just be hedges to a larger position - just keep in mind.

Finally done with finals here - haven't looked at anything all week and still slowly taking things in haha

Comprehensive strat on SPY is still short.  Great bounce down from resistance, love how we sold off from QE announcement again.  MACD is still bullish though and the volume isn't strongly indicative of a top.


Automated trades did ok, about flat this week with a mix of losses/gains.  Need to restrict the number of RSI trades since a lot of them seemed correlated (right together, wrong together,).  Trendline break trades helped even things out for the most part, namely trades on MU, AMRN, A, and DKS.  FCX didn't play out at all - probably should put a filter on gap-downs (actually  have one on the strat but it's for extreme % gap-downs, which didn't trigger on FCX).

Out of HTZ at $1.40 on the calls from $1.30 (missed my exit with the program earlier).  SPY cover didn't happen - guess we wait more before going long lol

Finally got my trades being automated by my Tech Trader program though and it just exited Dec. calls on CE at $2.40 (from $1.75 entry a couple days ago).  It also just started an entry on EWZ Dec. 52x puts at $.82.  I'm posting this late cause I also just saw this myself; am away from home a lot these last few weeks of school and am not always around to post the trades when they happen (which is a good thing this is now automated ).

XLU Jan calls now 0.57, +96.5% gain from entry.sold too early yesterday at 0.50 +72%.

Short signals from last week closed out on the dip in the first hour today.  SPY for example exited at $139.05.  Was worried this wouldn't play out but seems ok now. My comprehensive SPY strat is still short though, so I'm keeping a few longer-dated puts on SPY just to see where that goes.

PCLN about to cross over 200 SMA at 646.53, would buy if i had capital left lol.

AAPL red to green right now.

Trendline break on HTZ today.  Picked up Jan 15x calls at $1.25

believe it or not guys GRPN is above its 50 day SMA. very bullish actually...

Yes, market overall very strong today and lifted most stocks.  We need to come up with some trend-following strategies so we don't always need to time reversals or breaks.

well it is holiday rally season. 80% uptrend right?

Not without pullbacks.  That's kind of the point - when's the next top, next pullback.

$1.3 million into XLU Dec 35 Calls today. looking at a good entry into Jan 35 calls.

my limit order at 0.29 for XLU Jan 35 was filled. keep an eye on it. also GMCR earnings tomorrow.

Comprehensive strategy on SPY has also gone short now (joining the RSI onslaught of short signals from last week).  Scary since if this trade is wrong, it triggers a mistake on both strategies now. :p

sounds good, i will be looking to play that with you. XLU is indeed a defensive sector.

The short on SPY sounds good - gold, EUR and especially the Nikkei have hit and reversed.

http://dliufx.wordpress.com/2012/11/26/and-thats-a-lot-of-resistance-hits-asset-your-choice/

perfect. when SPY RSI2 covers ill enter my QQQ calls.

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.