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发表于 2012-9-6 04:14 PM
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本帖最后由 snowrider 于 2012-9-6 04:16 PM 编辑
We bought QLD, SSO, and EFA today. The following explains my portfolio as of today's close:
Big Troop:
- EFA 15% (15%-09/06)
- 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 0%
SAC Troop:
- QLD 23% (23%-09/06)
- SSO 24% (24%-09/06)
- 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 11%
What a day! The market took off and started soaring exactly as what we expected! It closed as a big hollow candle with no shadows! Nothing else needs to be said! Hopefully my friends you have made a big one these days! What is going to happen next? We will be riding this big wave up and waiting for the target to unload!
Wave count (based on the purple line scenario):
07/03's high = [A]
07/24's low = [B]
08/21's high = [C]
09/04's low = [D]
09/04's high = 1
09/04's low = 2
We are in the middle of wave-3, and we don't know where it is going to take a rest from surging. The time it will take also depends on the size it moves. We will see 1475 area as the first target for the wave-[E] to end this bull market.
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