Monday, April 18, 2011

comments and outlook 04-19-2011

Looks like my concerns about a change in cycles may have been premature and the 33TD cycle is still in dominance.  It that is the case we should have a down week and usually we get the most down action as a cycle bottoms.  So I expect the sell down to continue tomorrow.

Here is a visual of the SPY:


GL traders, do your own analysis...
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5 comments:

  1. AnonymousApril 19, 2011 at 1:47 PM

    Hi Inlet any update on bidu? It just keeps going higher?

    ReplyDelete
  2. jennasueApril 20, 2011 at 6:05 AM

    Inlet,
    very nice going on your INTC. muy bueno
    :)

    ReplyDelete
  3. InletApril 20, 2011 at 9:37 AM

    Tkx Sue, was a nice little trade. Took a little longer than anticipated.

    ReplyDelete
  4. InletApril 20, 2011 at 9:41 AM

    38dd -
    No update really, looking like a bad call.

    I got stopped out of my puts end of last week for a loss. I always use stops to avoid the emotional decision (hope) a trade will work when it is going against me. I regularly comment that traders should use limit orders and stops....

    ReplyDelete
  5. Mueeid SoomroNovember 14, 2017 at 2:43 AM

    Check whether Outlook has started working or not. If it has, update the Outlook add-in with latest updates and patches. outlook customer service phone number

    ReplyDelete

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