10/28/2011 Portfolio Update

Trading Signals:

TNA buy stop not trigged but still valid. Just since NYMO is way too overbought now, so if the buy is triggered on Monday, then according to the new NYMO profit taking rule, I’d have to close the position anyway, so I’d skip this trade, may buy pullback instead.

Since TMV daily low is higher than the entry price, so set breakeven stop loss and half out.

Since DGP daily low is higher than the entry price, so set breakeven stop loss and half out.

10 Comments

tytobebad on October 29, 2011 at 8:21 am

what is the NEW NYMO profit taking rule?

Cobra on October 29, 2011 at 9:56 am

Read remarks below. I’m still thinking about this pyramid method now, it’s not final decision.

gerald langelier on October 29, 2011 at 9:24 am

ASTRO Update Decli Speed…
http://astrofibo.blogspot.com/2011/10/astro-update-decli-speed2007-2009-2011.html

gerald langelier on October 29, 2011 at 9:26 am

DAX Time Ratio…
http://astrofibo.blogspot.com/2011/10/dax-time-ratio_29.html

gerald langelier on October 29, 2011 at 11:10 am

Silver Time Ratio…
http://astrofibo.blogspot.com/2011/10/xagusd-time-ratio.html

Cobra on October 29, 2011 at 11:57 am

test auto update comment…

kyra simmons on October 29, 2011 at 1:18 pm

Thanks for the great analysis – just a chart showing Weinstein’s law – if 40 week ma heads south – get outta the water. Weekly still fairly bullish, but I recommend a quick trigger finger on the sell button http://stockcharts.com/h-sc/ui?s=$SPX&p=W&yr=15&mn=6&dy=0&id=p49011687403

Cobra on October 29, 2011 at 1:19 pm

Thanks for the tip!

RK on October 29, 2011 at 4:59 pm

Cobra,

Just wanted to say…new site has been a amazing upgrade…traders calendar and twitter updates are just awesome….I honestly wish you make some huge gains of the hard work you have been putting in each day..
Thanks,
RK

Cobra on October 29, 2011 at 5:10 pm

Thanks. I like the new site too. 🙂

10 Comments

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