Four Year Cycle Topped?
68 replies to this topic
Posted 04 October 2004 - 08:36 PM
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.
Posted 04 October 2004 - 10:17 PM
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
Posted 06 October 2004 - 12:41 AM
You did excellent call, I shorted PHM HOV on 09/30.
Posted 09 October 2004 - 08:18 AM
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.
Posted 11 October 2004 - 02:09 PM
Just shorted the QQQ myself Hank, seems our systems are pretty close on signals!
Posted 11 October 2004 - 08:41 PM
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.
Posted 11 October 2004 - 08:49 PM
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.
Posted 11 October 2004 - 08:59 PM
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!
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