"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Tuesday, March 13, 2012

SPY & QQQ 60 min. charts updated

I just know there are a few wiseguys out there waiting for this, so here it is.  The trade parameters are broken but since it is a day when the interest rate manipulators are meeting I am going to let it breathe a bit.  Famous last words, I know. 

If the bull persists you will know I dumped the bear positions in ignominy, without further need to update.  At that point the score will have been base metals short for profit and two broad market shorts for limited losses and the notion that once again, I should have taken what they give me on the short side and that I am generally still not a very good trader from the short side.


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