Wednesday, June 8, 2011

6/8 9:45

SPX 15-minute, 54-unit M/A +.56% is a good approximation of the SP futures and does not require a 30-minute close. 
The SDS equivalent is a stop 1.2% above the M/A.  Currently 21.40.
Stepping in expecting a break of April 18 lows and 2 days early requires a stop for 3% SDS.
Posted by at

3 comments:

  1. pimaCanyonJune 8, 2011 at 8:03 AM

    Even though days may go by without a comment from me, I just want to let you know that I am reading your every post, adding to my notes re your MA's, and using your trades as suggestions for my own.

    Just because we don't comment doesn't mean we're not out here. I suspect you've got a lot of silent followers.

    Do you have access to statistics regarding how many people access your blog every day?

    ReplyDelete
  2. SteveKotelesJune 8, 2011 at 8:43 AM

    pima,
    I have 60+ regulars and 100-200 during times of market uncertainty.

    ReplyDelete
  3. CynthiaJune 8, 2011 at 8:49 AM

    Hi - I echo Pima's comments. Keep up the good work Steve !

    ReplyDelete

Subscribe to: Post Comments (Atom)