Dollar is up and stocks are recovered on the news indicated below. Keep the mental stops as instructed. Please upgrade your mental stops to 1396.90 on JUNE emini, which is about same on SPX. Good Trading, Please not the error retail sales should be 0.2% as expected, it was the EX AUTO SALES so unexpectedly strong. The Gifts from us to shoppers are working FOLKS! USA knows how to spend our money!
9 comments:
MDS knew
old john
Dear John,
I guess so...
But MDS did not have to guess..
GOod Trading
Boris: Thanks for your time this morning. In your 7:58 comment with the 1392.75 stop. Are u saying to get out now or just keep the stop in place for those with large positions? Are you thinking with the indicators that you posted MDS could soon flip to sell.
Thanks again.
Joe
Dear Joe,
I do not think they should flip, but there is always possibility. SO, large positions can take good profits and leave enough for more profits , which is most likely coming till we get the MDS SELL.
Frankly I do not expect quick turn today, But what do I know. The machine MDS is what governs me not the other way around(:-
Good Trading
Please notice I raiesed the stops for large postions. Most all positions should have started under 1387, so they are all nicely profitable.
Good Trading
Boris:
Thanks. When I get time, I will see if can set up an auxilliary acct. so you will have access to all of my US data.
Joe
Dear Joe,
Thanks a lot.
GOod Trading
Just another input, my other groups are going short here into late June. Plus this is options expiration week where last Wednesday, WBOE, was down, forecasting OEW up, but that's it. Just another input, not guarranteed. :)
curt
Dear Boris
The QQQQ touches the forth low APOINT 48.95 and retraet, is it a sign for BUY?
Sharon
Dear Sharon, It seems to be devloping the white candle.
We may have missed it.
Another go there, will not be nice... I would not buy
Good Trading
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