Monday, October 15, 2012

Bullish positions established

Moved into bullish positions

Today appears to be the start of the newest wave.  This morning I moved into my 3x DJIA ETF as the market was moving higher.  I was able to eek out a .67% profit, which is better than nothing.  I suspect the rally will last for a week or two, but I'm skeptical of the ability to break out into new highs. 

My positions are backed up with a stop on this order.  I'm not usually a fan of using stops, but I think it is warranted here.  

Daily scores:


TSP gameplan:  Move into C or S fund for the next couple weeks.  After that, we will go back to the G fund.

Questions, comments?  Email me:  rumwavetrading@gmail.com

GOOD LUCK TOMORROW!

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