Monday, February 7, 2011

Sold SPX 1322.50. Still long 20%. Stop 1271 let profits run

System remaim bullish above 1271 but  DIV_PRO alert potential Major or Minor top time to reduce risk.

SYSTEM EOD SPX500 ***2011***

Sold 15% longs from 1206 |18/01/2011 = 1297 + 91 pts - Link here
Sold 15% longs from 1206 | 28/01/2011 =  1291 + 85 pts - Link here
Sold 20% longs from 1206 | 01/02/2011 = 1294 + 88 pts - Link here
Sold 15% long from 1206  | 04/02/2011 =  1310 + 104 pts
Sold 15% long from 1206  | 07/02/2011 =  1322.50 + 116.50 pts

Stop 20% if close below 1271 let profits run 1350 or 1440.
Close above 1324 next area [1350,1375] above that 1410 and 1440.
More update indexes and  if you trade forex better check last thoughts.
If you want to check conditions to be a member see here
Click to zoom in. Good luck folks.

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