Latest new post for members only issued on April 23, 2010. Fill signup form below to access it instantly.

Thursday, June 26, 2008

Stock trading, NDX, Nasdaq 100, QQQQ (Afternoon June 26)

Latest new post for members only issued on April 23, 2010. Fill signup form below to access it instantly.

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.
NOTE: You will also receive access to hundreds of articles on this site. The articles are not visible on this page.
First some remarks:

1. The price level of 1873 was indeed the low of the morning of NDX
2. The price went on many occasions about that price and reaching various higher levels. It went to around 1880 to 1882 at certain point.
3. I took it off with some minimal gain (around 2 to 3 points).

This is my play for the afternoon (and tomorrow morning!). If the market finishes at the bottom today, the price will do three things tomorrow at open time:

1. If gaps up
2. I gaps down
3. Starts where it ended.

If it does 2. or 3. I expect the price to rally in the morning from a low point reached early in trading.

Now to structure myself for gain no matter what here is what I plan to do:

1. Enter half position long side today. See below.
2. Consider entering the second half tomorrow if case 2 or 3. turns out to be the case and my price reading suggests to me an up move.

Now let me deal with the entering into the first half normal size position. I plan to carry overnight or close it in after hours if there are some profits in aftermarket.

3:09PM: with NDX at 1864, I am entering the half normal size position long side of NDX.

3:12PM: entry of half position complete. Average around 1863.

Happy trading,

Email me at:

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.
Happy trading,


Post a Comment

Subscribe to Post Comments [Atom]

<< Home

Privacy Policy