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Nov 15, 2011

SPY

I have a buy VST signal on SPY, I am opening a new buy position at 125.2$. Stop is at /ES 1236.

Previous short SPY closed as underlined today morning, open position .

2 comments:

  1. It cannot get any better than this. For 6 straight days, we nailed every single turn. The irony is market did not move anywhere! It is where it was 5 days back.

    Took off 65% of the SPY long position that I opened today morning....if you followed me for 2 days, you'd know to lock profits and wait for next turn. Expecting a down day tomorrow after higher open. We will see. The buy signal that I got today morning is kind of powerful, if it is not fakeout. I am planning to leave the rest of the position 35% in a swing mode instead of VST mode with a SPY stop at SPX 1240. I am expecting higher into OPEX. But, I will not lose anything even if we go down.

    I will take the next sell signal if it comes tomorrow, day after or whenever. No bias here, I will trade my signals.

    Good luck to all, Congratulations to those who took my signals!

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  2. Stopped out of the rest position at 124.7$.

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