MrHankydoesWallStreet Posted October 5, 2004 Author Report Share Posted October 5, 2004 CT still in cash. Strong open and positive finish negated the short signal. I continue to observe unusual weaknesses developing as this rally progresses to the top of this years range. Hank Link to comment Share on other sites More sharing options...
MrHankydoesWallStreet Posted October 5, 2004 Author Report Share Posted October 5, 2004 HGXDOUBLE TOP ALERT!!!! Only thing we need is a little spiker with a reversal bar! My post last week has been answered today, huge outside key reversal bar today!! SHORT AT WILL. ETF's are IYR,RWR, and ICF. I am going to allocate 5% trading capital and short the ICF's. Stop 10% above current level. Hank Link to comment Share on other sites More sharing options...
stanley Posted October 6, 2004 Report Share Posted October 6, 2004 MrHankydoesWallStreet Posted on: Sep 24 2004, 08:24 PM DOUBLE TOP ALERT!!!! Only thing we need is a little spiker with a reversal bar! Hank, You did excellent call, I shorted PHM HOV on 09/30. Many tanks, Link to comment Share on other sites More sharing options...
MrHankydoesWallStreet Posted October 9, 2004 Author Report Share Posted October 9, 2004 CUBETRADER signaled to go SHORT into the close Friday and I didn't get to act on it, so Monday I will be shorting the QQQ. Signal fired at 35.95, see where I can get in Monday. Usual 20% allocation to CT system trades. Hank Link to comment Share on other sites More sharing options...
BovineBagholder Posted October 11, 2004 Report Share Posted October 11, 2004 Just shorted the QQQ myself Hank, seems our systems are pretty close on signals! BB Link to comment Share on other sites More sharing options...
MrHankydoesWallStreet Posted October 12, 2004 Author Report Share Posted October 12, 2004 OK we are in short but lost a bit from ideal execution but anyway SHORT QQQ from 35.70. Again the financials behaving very sickly and not confirming this leg up in the SP. Link to comment Share on other sites More sharing options...
MrHankydoesWallStreet Posted October 12, 2004 Author Report Share Posted October 12, 2004 Got a bullish NC but all we ended up with here is another BEAR FLAG. 20/50 kiss of death also about complete. THIS IS AN ESTABLISHED DOWNTREND with no technical signs of reversal, my friends. Suspect it's break down will lead the NASDOG down. You might do a little better shorting these rather then the QQQ's. Link to comment Share on other sites More sharing options...
MrHankydoesWallStreet Posted October 12, 2004 Author Report Share Posted October 12, 2004 You did excellent call, I shorted PHM HOV on 09/30. Thanks Stan, Glad you are in that one and making money. I shorted ICF after the OKRB. A lot of downside to be had as the 4 year cycle plunges and recession hits (early-mid 2005 is my guess). A lot of business folk I talk with here are very worried, a weak summer and things are falling off rapidly rather than the usual Fall pick up. Housing activity here has fallen off a cliff! Hank Link to comment Share on other sites More sharing options...
MrHankydoesWallStreet Posted October 12, 2004 Author Report Share Posted October 12, 2004 I am going to start a new thread with this latest trade signal and the changes I see developing now so look for the new thread here soon. Hank New Thread Here Link to comment Share on other sites More sharing options...
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