|
21/2008
13.10.2008
Editor's
Notes
MY TRADES
Trading
Tips:
Possible results
Sector
and ETF
Watch list
Stock
watch list
Contact me
My
blog
Newsletter
archive
Simple
stock trading
home
|
|
Panic is on markets
Hello,
everybody is selling. No buyers are available on markets.
Cash is king. I understand.
|
 |
As I covered my short trades I am practically in sit-on-hands mode. I do not trade, just watching.
It is not tradeable market. Fear is so huge.
The only trades I have opened during last few days were short of Oil
(already closed for nice profit) and short of Gold (still opened). I did
it via Ultra Short Commodity ETF for Gold and Oil.
I use these days to make some progress with my hedge fund. I was
contacted by several investors already . I discuss with them
regarding their investments into my hedge fund.
Waiting for some decent bounce for new trades,
Richard
Possible results
I think it is good time now to read again what are possible results of each stock trade.
.... top of newsletter
Sector and ETF Watch List
Everything is too much extended that there is practically no good trade setup right now.
Long
ETF watch list: SHY
Short
ETF watch list: none
Inverse ETF (long position): DZZ
The only remaining trade idea right now for me is to use panic on
markets to open shorts in gold. I use Ultra short gold ETF stock DZZ.
Red area is short entry area for me.
Stocks Watch List
Nothing interesting now on stock markets. Everything is too much overextended down.
Long
Watch list: AVB,WWW
Short
trade watch list:
-----
Detailed trade setups available every day.
Questions ?
I will be pleased to reply to any of your questions. Do you have
something to discuss ? Or would you like to read something in next
issue of newsletter or on my web pages or in my blog ? Let me know .
|
|
