|
|
楼主 |
发表于 2012-8-29 04:11 PM
|
显示全部楼层
No trade for today. The following explains my portfolio as of today's close:
Big Troop:
- IWM 20% (20%-08/08)
- SPY 45% (10%-07/05, 15%-07/06, 10%-07/11, 10%-07/24)
- Cash 35%
SAC Troop:
- XLF 22% (10%-07/30, 12%-07/31)
- QQQ 24% (24%-08/02)
- FAS 12% (8%-08/13, 4%-08/27)
- NUGT 8% (3%-08/21, 5%-08/27)
- EDZ 8% (8%-08/22)
- Cash 26%
We had another Doji today. The market has now been squeezed by short term resistance (1416) and support (1405) into a range area. A clear direction for next few days should come out once the range is broken out. Our strategy is still buying dips.
Wave count (based on the purple line scenario):
07/03's high = [A]
07/24's low = [B]
08/21's high = [C]
08/24's low = [D].A
08/27's high = [D].B
08/27's low = [D].C.a
Today's high = [D].C.b
The market could be in a diagonal triangle for the wave-[D]. If so, we could see [D].C.c tomorrow noon at around 1404, and then start going up for [D].C.d. This scenario will end the diagonal triangle on Friday at around 1406. Another scenario is a zigzag formation to end the correction at 1389 (0.382) on Friday. After the wave-[D] correction, the market will be in wave-[E] to 1475 to end this bull market.
|
|
狗仔卡
发表于 2012-8-29 09:16 AM
发表于 2012-8-29 12:50 PM
