Abby Justa Colon Posted March 9, 2006 Report Share Posted March 9, 2006 When I plug the indicies in.... the weeklies keep on quietly creeping up to a buy signal...still not there yet. The dailies on all three (Naz., S&P, Dow) are still on a weak sell and look to be slowing down. It wouldn't take much to change the signals here (up or down)... As it is right now, the Dow is showing the most strength and could turn to a buy soon.... Took profits on the short position and if things start ticking up...especially the weekly, I'll soon be in on the long side. Trade well.... Link to comment Share on other sites More sharing options...
DO-NOTKNOWSHIT Posted March 16, 2006 Report Share Posted March 16, 2006 When I plug the indicies in.... the weeklies keep on quietly creeping up to a buy signal...still not there yet. The dailies on all three (Naz., S&P, Dow) are still on a weak sell and look to be slowing down. It wouldn't take much to change the signals here (up or down)...As it is right now, the Dow is showing the most strength and could turn to a buy soon.... Took profits on the short position and if things start ticking up...especially the weekly, I'll soon be in on the long side. Trade well.... <{POST_SNAPBACK}> Are your weeklys at a buy yet?? Thanks Link to comment Share on other sites More sharing options...
Abby Justa Colon Posted March 16, 2006 Report Share Posted March 16, 2006 Are your weeklys at a buy yet?? Thanks Naz Weekly = weak sell..very close to a buy, but not there yet. Naz Daily=buy as of close 3/14 S&P Weekly=buy S&P Daily=buy as of 3/14 Industrials Weekly=weak buy Industrials Daily=buy Link to comment Share on other sites More sharing options...
Hanky Posted March 18, 2006 Author Report Share Posted March 18, 2006 Weekend Update: CT remains on BUY HOM remains on BUY We continue to hold our QQQQ long position from 40.89 and now up on it @ 1% I don't like to look at the chart because it looks scary pattern wise but there is some TL support not too far below if this thing breaks down all of a sudden. Not feeling too good about this trade compared to the last successful trade we had where the market remained strong all the way up and then puked. Current readings have us tenuously long. Hank Link to comment Share on other sites More sharing options...
Hanky Posted March 22, 2006 Author Report Share Posted March 22, 2006 Even though CT remains on a very tenous buy signal I am going to sell 1/2 QQQQ here for a slight 1% gain as long as I get a fairly decent fill... Nas futures way down... I just have a really bad feeling about things here...may add it on again hopefully lower and when things hopefully look better... So just lightening up on instinct... watch it turn around and all put in new highs today One ratty mess of risk, good luck out there. HANK Link to comment Share on other sites More sharing options...
Hanky Posted April 1, 2006 Author Report Share Posted April 1, 2006 Weekend Update: CT = BUY HOM = BUY No Changes in signals and all remain on weak long status as the market continues to frustrate. Hoping at least for some exitement in PM and we are now long UNWPX. Continue to hold our QQQQ position sized down and up 2.2% Seasonal strength goes to May 1 so hopefully that will keep us in the black on this trade but I continue to not like what I see, will post if that changes and I add back up on the position. Hank Link to comment Share on other sites More sharing options...
Hanky Posted April 16, 2006 Author Report Share Posted April 16, 2006 CT = BUY HOM = BUY Our QQQQ position now up only about 3% after over 3 months holding, we did reduce our usual amount to 50% and continue to be very cautious on this trade. This is by far one of the longest trades in the systems history and with the smallest return (thus far) My indicators continue to remain bullish but often dipping extremely close to sells. Currently 3 of 5 components are positive, the other 2 are negative. Last Fall's rally had all 5 remaining strong throughout and then suddenly collapsing and we had a "comfortable" trade with nice 8% gain. This one has been scary with all along only 3 positive and even they treading just above sell. On a fundamental basis I see worrisome signs with interest rates solidly climbing and now above 5% A much more critical level is at 5.5% The housing market is obviously rapidly changing to a buyers market in most regions and already prices are under pressure. Also I am becoming more confident commodities are going to continue their strength with oil and gold moving even higher. The USD looks very vulnerable to a fairly big dump this year. So have I just outlined a wall of worry that the market will continue to climb or are we putting in another gigantic topping process? Time will tell but for now I remain long in Nas100, gold and oil; QQQQ and UNWPX and OIH. HAPPY EASTER! Hank Link to comment Share on other sites More sharing options...
DO-NOTKNOWSHIT Posted April 17, 2006 Report Share Posted April 17, 2006 CT = BUYHOM = BUY Our QQQQ position now up only about 3% after over 3 months holding, we did reduce our usual amount to 50% and continue to be very cautious on this trade. This is by far one of the longest trades in the systems history and with the smallest return (thus far) My indicators continue to remain bullish but often dipping extremely close to sells. Currently 3 of 5 components are positive, the other 2 are negative. Last Fall's rally had all 5 remaining strong throughout and then suddenly collapsing and we had a "comfortable" trade with nice 8% gain. This one has been scary with all along only 3 positive and even they treading just above sell. On a fundamental basis I see worrisome signs with interest rates solidly climbing and now above 5% A much more critical level is at 5.5% The housing market is obviously rapidly changing to a buyers market in most regions and already prices are under pressure. Also I am becoming more confident commodities are going to continue their strength with oil and gold moving even higher. The USD looks very vulnerable to a fairly big dump this year. So have I just outlined a wall of worry that the market will continue to climb or are we putting in another gigantic topping process? Time will tell but for now I remain long in Nas100, gold and oil; QQQQ and UNWPX and OIH. HAPPY EASTER! Hank <{POST_SNAPBACK}> Thanks Hank, I am with you. Link to comment Share on other sites More sharing options...
Hanky Posted April 23, 2006 Author Report Share Posted April 23, 2006 Weekend Update: CT = BUY HOM = BUY Our QQQQ position still up @3% Indicators now 4 of 5 positive but all very weak... Fragile market, still keeping with 50% position size... Haven't posted my SP GANN chart for a while, here it is and we are testing at the 2/3 one-half square of the high level. LTCO still on BUY. RAFF Market Space still on LT BUY. We continue to buck the 4 year cycle down phase. Silly to be bearish but at a fundamental level there are forces building against this cyclical bull. Staying long QQQQ, only will assume the full position if all 5 go positive and start picking up strength. HANK Link to comment Share on other sites More sharing options...
Abby Justa Colon Posted April 24, 2006 Report Share Posted April 24, 2006 Thanks for the update Hank.....this is one crazy market.......I got a sell signal on the Naz last week....I'm short as of Thursday am....but the way things have been going, I can see my new signal changing soon. Link to comment Share on other sites More sharing options...
Abby Justa Colon Posted April 27, 2006 Report Share Posted April 27, 2006 I'm short as of Thursday am....but the way things have been going, I can see my new signal changing soon. <{POST_SNAPBACK}> Out of short for now... Link to comment Share on other sites More sharing options...
Abby Justa Colon Posted April 27, 2006 Report Share Posted April 27, 2006 I'm short as of Thursday am....but the way things have been going, I can see my new signal changing soon. <{POST_SNAPBACK}> Out of short for now... <{POST_SNAPBACK}> Long Q's at am ...swing play. Link to comment Share on other sites More sharing options...
Hanky Posted May 9, 2006 Author Report Share Posted May 9, 2006 CubeTrader Alert: ADDING BACK TO ORIGINAL FULL LONG POSITION AT OPEN TODAY. CT = BUY HOM = BUY All indicators have significantly improved with all 5 positive so diving in, hope the pool isn't empty HANK Link to comment Share on other sites More sharing options...
Black Prince Posted May 10, 2006 Report Share Posted May 10, 2006 When is this monster going to take a decent correction? Link to comment Share on other sites More sharing options...
Hanky Posted May 12, 2006 Author Report Share Posted May 12, 2006 When is this monster going to take a decent correction? <{POST_SNAPBACK}> THE PIGMEN DRAINED THE POOL WHILE I WAS IN MID-DIVE TODAY WAS AN EXTREME CHANGE OF CHARACTER. The HOM has been gradually creeping downward to a SELL despite the shorter term indicators turning up sharply earlier this week. By the close TODAY the HOM has issued a LT SELL signal for the open tomorrow 5-12-06 The HOM has been on buy status since last October and has about a 5% gain to show for it. We only trade in the direction of the HOM therefore CT switches to CASH Provided we get a reasonable fill at the open tomorrow, the actual gain for this CT trade would be 2.2% or 0.9 points assuming the usual constant position size during each trade. I entered the original position at QQQQ 39.87. However I cut the position later in half at about the same price and then went back to full position at 42.1 and of course we got smacked on that the past few days so I have only a very negligible profit remaining now BUT at least no loss. I was still very apprehensive when I added back on because of the marginal status of the HOM but all the ST indicators shot up to there highest readings in months and I expected the start of a turn around but the past 2 days changed it all. As I have mentioned this has been the longest CT trade in the systems history (1-6-06 to 5-12-06 ) and with only a puny gain to show for it. Thus far this year has been worse than last year which was the worst one of all the systems history! THIS MARKET JUST TOTALLY SUCKS and has been virtually UNTRADABLE except for only energy and commodity related sectors. So Black Prince...I am looking for a top here now we go down into the Fall 4-year cycle low.(The NDX actually topped in JAN if this is indeed a major IT top) and maybe at least we can finally get a tradable downtrend to catch. So again the current signals at the open 5-12-06 are: CT = CASH HOM = SELL Good Luck...It sure ain't easy anymore, HANK Link to comment Share on other sites More sharing options...
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