SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : January Effect 2003 -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (211)3/13/2003 12:15:03 PM
From: Londo  Respond to of 666
 
I don't know. But the rule book says that if you have a winner, you must press your gains, so I'm trying to get another TBond future short at 114 14/32.

Also, I'm trying to get another S&P long at 814.

All of these will be liquidated Friday one way or another. There's just too much geopolitical bull-crap that can go on the weekend, so I'm happy to sit out on the sidelines Friday to Sunday while I read a GOOD BOOK.



To: RockyBalboa who wrote (211)3/13/2003 2:30:17 PM
From: Londo  Respond to of 666
 
My orders never got hit (the S&P got as low as 816, the T-bonds got as high as 114 11/16), oh well. At least I'm participating in today's rally (albeit at a lower leverage ratio than I originally anticipated).

Oil futures also dropped by 2 bucks today. This is all pointing towards that famous "post-war rally" that was going to happen after the war. I guess the post-war rally just started today.

There's still some upside left in the S&P and downside in the T-Bond, so I plan to study very carefully today and make some precise entries over the next 12 hours of trading - there's going to be a lot of shakeouts of the long and short positions, respectively. I see very volatile trading coming ahead.



To: RockyBalboa who wrote (211)3/13/2003 4:38:46 PM
From: Londo  Read Replies (1) | Respond to of 666
 
Took profits (I need to study tonight).

Sold S&P future at 832, securing profit;
Bought T-Bond future at 113 22/32, securing profit.

I'll post here what I think about Friday (if I play it at all) after I've done some serious research on the matter.