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楼主 |
发表于 2012-9-5 03:55 PM
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No trade for today. The following explains my portfolio as of today's close:
Big Troop:
- EEM 20% (20%-08/31)
- IWM 20% (20%-08/08)
- SPY 30% (10%-07/05, 10%-07/11, 10%-07/24)
- TLT 15% (15%-08/30)
- Cash 15%
SAC Troop:
- XLF 22% (10%-07/30, 12%-07/31)
- FAS 12% (8%-08/13, 4%-08/27)
- NUGT 8% (3%-08/21, 5%-08/27)
- Cash 58%
The market closed as another doji today on the upper portion of yesterday's pin with low volume. It's still in the 2-week long consolidation area. Tomorrow will be the takeoff day for the market to start soaring.
Wave count (based on the purple line scenario):
07/03's high = [A]
07/24's low = [B]
08/21's high = [C]
09/05's low = [D]
Today's high = 1
Today's low = 2
Wave-3 will penetrate 1416 to end this 2-week long consolidation.
Wave [D] has completed. We will see wave-[E] at arond 1475 to end this bull market.
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