Monday, June 23, 2008
Stock market, stock trading, NDX 100 June 23 Summary
New Policy: To Read The Market Analysis Reports Generated By Our Proprietary Models,
You Now Need to Subscribe. Fill Form Below. Subscription Is Free.
Get Instant Access to the Latest Report, As Soon As You Submit the Form Below.
Stock market, stock trading, NDX 100 June 23 Summary
Stock traders and investors,
I have added new profits to the profits of Friday. In addition to somewhere around 70 NDX point of Friday (starting from position helod overnight on Thursday) here is a summary of today's profits (please read the previous post to detemine time and price of entry and exit).
1. Morning: Shorted few minutes after today's open in area of 1940, and covered in area of 1915 (I could have covered a bit lower when NDX was at 1911, but my trading station has been giving me hard problems). PROFITS on this was: 25 points.
2. Afternoon: shorted when NDX was at 1932, and covered when it visited 1917.
PROFITS: 15 points.
Although the action today was excruciating, I have managed to pull 40 NDX points. That is more than 2% of the index, and I am not complaining at all.
Looking forward to tomorrow, I am concerned about the price action of the dow and sp500 and its potential effect on NDX. Looking forward to tomorrow, NDX is actually the weakest of the three on the down side, but the market can move together more often than not.
Therefore, I am concerned about the increased risk on short side of NDX of a sharp rally in the Dow.
I am going to analysis price action tomorrow. There is a chance that tomorrow, we may see a reversal, but I will study it and get back to you.
I will review the currencies and get back to you.
Happy trading,
1. Email me at emailfinancialtraders@gmail.com
2. You will be added to the by invitation blog list
3. I will start writing to you about markets, trading, investing, and money making.
Email is emailfinancialtraders@gmail.com
Empty emails are fine.
Stock traders and investors,
I have added new profits to the profits of Friday. In addition to somewhere around 70 NDX point of Friday (starting from position helod overnight on Thursday) here is a summary of today's profits (please read the previous post to detemine time and price of entry and exit).
1. Morning: Shorted few minutes after today's open in area of 1940, and covered in area of 1915 (I could have covered a bit lower when NDX was at 1911, but my trading station has been giving me hard problems). PROFITS on this was: 25 points.
2. Afternoon: shorted when NDX was at 1932, and covered when it visited 1917.
PROFITS: 15 points.
Although the action today was excruciating, I have managed to pull 40 NDX points. That is more than 2% of the index, and I am not complaining at all.
Looking forward to tomorrow, I am concerned about the price action of the dow and sp500 and its potential effect on NDX. Looking forward to tomorrow, NDX is actually the weakest of the three on the down side, but the market can move together more often than not.
Therefore, I am concerned about the increased risk on short side of NDX of a sharp rally in the Dow.
I am going to analysis price action tomorrow. There is a chance that tomorrow, we may see a reversal, but I will study it and get back to you.
I will review the currencies and get back to you.
Happy trading,
1. Email me at emailfinancialtraders@gmail.com
2. You will be added to the by invitation blog list
3. I will start writing to you about markets, trading, investing, and money making.
Email is emailfinancialtraders@gmail.com
Empty emails are fine.
To Receive Market Forecasting/Timing Reports, and Other Special Trading Reports: Enter your email address in the form below, and click submit. Your subscription is at no cost to you and you can unsubscribe at any time. You will receive our special market timing reports, trading reports, and other specials available for members only. We reserve the right to withdraw or terminate this FREE subscription offer at any time. Therefore, secure your subscription now as we do not guarantee that this offer will be available at your next visit to this site.
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home