Sunday, October 10, 2010

10/8 8:15pm

Setting crude stop to 83.45 Nov. futures. It's on an expanded flat slightly above Friday's high, which I count as complete abc.
Bought DX futures at 77.23, stop 77.10.  After the open prices stabilized, Thursday's low nearby.
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4 comments:

  1. AnonymousOctober 10, 2010 at 5:39 PM

    Steve, what is SCO?

    ReplyDelete
  2. Steve KotelesOctober 10, 2010 at 5:53 PM

    SCO is a double-short oil ETF.

    ReplyDelete
  3. PeterOctober 11, 2010 at 3:27 AM

    Steve take a look at this,

    http://www.market-harmonics.com/free-charts/sentiment/nasdaq_sentiment.htm

    ReplyDelete
  4. SteveKotelesOctober 11, 2010 at 6:44 AM

    Eastern
    Nice timing tool. Nasdaq has been leading and is definitely frothy. When I increase shorts I'll do the Nasdaq.
    Thanks

    ReplyDelete

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