if one used UVXY instead of SPXU, gain would be 33-40%...naturally the stuff moves much more than spxu, esp on downside...
341
btw,,,the same 4pm sys is signalling "take profits on shorts from 26.24 few days back"...giving exit signal.. about 9% gain on SPXU if one took that swing 4pm trade in 6 days hold time
339
conversely, these charts do look "ominious" on spy and "look like a big pullback possible"... the 4pm system is purely algorithmic based with no human input.
334
4pm swing trading system will trigger a "buy SPY or SSO or UPRO long at the close today 4pm, if it is below 1544 ES". 80% wins long and short combined, and longs generally do better than shorts, since year 2000. hold time 3--46 days approx.
if UVXY were higher, i'd short that,,,but too volatile and not high enough imo...
no guarantees on upro. signal can often be early. just presenting historical performance which is no guar of future results
327
ES may go lower than 1535 (or 1540 sp500)in coming days, but 80% chance it will bounce and give a daily close over that, timeframe 3--46 days.''
80% based on stock market activity from 2000 till present
320
still think GDX is going to 34 minimum, and then prob to 37 and higher, in time, for swings. multi weeks months but can trade actively in meantime. GDX situation is similar to AAPL before, though of course they aer not related...but chart situation similar and allows for these huge moves
132
NUGT hit all posted scalp trgts, holding for higher trgts above these ones, the remaining nugt.
3% scalp gain atm, from buy earlier today
1251
uvxy 838 stop
1247
half nugt off for quick 1% at 10788 near 1080 trgt, holding rest scalp for higher trgt. will buy back on pb
1237
obviously not shooting for 1065 trgt lol...but needs to get over that resist level for higher,,think it will get over it hence hte buy, last 1059
1235
1065, 1079 1092 are nugt initial trgts,higher for swing of course
1233
raised stop on UVXY to 8.40...its moved nice tho NUGT crashed in last week
12:31
scalping nugt 1062
Trades can be viewed at the links below.
http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings
For details on the portfolio see this posting:
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
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