at this point it's nothing more than a standard holding in a portfolio of stocks... the big growth days we told you are just not there anymore... if multiple new products come then we will reconsider a heavy weighting again... but for now we hold 67% less AAPL than we did on that incredible run to 700... those were the days!
we are still long the index. It that can flip very easily, we will use a unique approach on this one, if the S&P 500 goes under the low of yesterday's-print on the 5-min-candlestick (which was the opening bell) and volatility re-enters the market again, then we will flip the burger over and cook using SHORTening oil... whenever we are at flip-points you run the risk of losing some, but it usually pays off in big dollars later
Any changes we make after this post will not be posted as we are traveling on vacation and may not be able to post timely
changed our thought just slightly... instead of breakout over yesterday's-High and given the negative market today we think if yesterday's-High just prints only one then we will make the change, but so far our short at open bell was the right move
it seems as if the S&P 500 breaks over yesterday's-High we will reverse out of index short and go index Long
this may change again so don't be shocked
long index S&P 500 at 1967, we took a .20 loss on SPY from 1965 short entry... it's nice to lose pennies and make dollars
that's it, we are back long the index, that was fast and volatility is back low of day
we are a out to flip back to the Long index trade and exit the short index, volatility is cooperating and all other indicators have vastly improved, S&P 500 is only 1.5 points from our original flip point yesterday,... this is truly how to so this people and you catch the biggest moves with no marrying trade risks
this is working like a charm today, volatility has go to keep of roping and if it does the market index can launch severely high and we will flip to the long trade again
any discount if we bring multiple cars?... hope your biz car wash isn't slacking off today... rain kill your cash-flow, nobody wash car on rain-day...lol
you are correctly, but your last sentence hinges upon what our most recent update post would help explain for you to watch... it might fit your scenario you are calling for?
ok folks, as you know at any switch made from a reversal trade we make we must watch head fakes, so dear 2 indicators have improved over their neutral-zones, but the heaviest weighted volatility index indicator today was under the neutral-zone but is above it now, with that being said the market where we went short at 1965 remains there and as long as those 2 recovered indicators hang their hat above their positive levels then the market can't go down a lot, but at the same time we can't get a huge rally unless we see greatly reduced volatility... but if the volatility index does get back to anywhere near or an approach of the opening-bell-early-morning low then the market can possibly flip us back into the long index trade again and we would have been head faked... all eyes on deck, watch carefully
we not going to tell you why you should stay away from Russell 2000 index, you're rude and you are getting what you deserve
just telling you what we did
we are now short the index, we are using 5 indicators with it, VXX is one, you need a lot of help with a huge drop in volatility to stop the shorts/bears from eating you up alive