Long one unit at 1092.25
posted by Carl Futia at 12:09 PM
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Friday, November 13, 2009
About Me
- Name: Carl Futia
I write two financial blogs. The first can be found at CarlFutia.Blogspot.com. On this blog I do a lot of short term trading and forecasting of the e-mini S&P futures. My second blog is called The Art of Contrarian Trading. It is named after my book with the same title. You can find it at www.TheArtOfContrarianTrading. blogspot.com. My book was published by John Wiley and Sons in June of 2009. Read THE ART OF CONTRARIAN TRADING and then watch me apply its methods to the stock market, the bond market, gold, crude oil, and to any other market that seems ripe for a contrarian approach. I will keep you updated on the market positions of the conservative and the aggressive contrarian trader as described in my book. And I will comment on the latest entries I am making to my media diary, the most valuable tool of every contrarian trader.
Previous Posts
- Guesstimates on November 13, 2009
- Update
- sold one unit at 1092.50
- Long one unit at 1095.50
- Guesstimates on November 12, 2009
- sold long unit at 1094.00
- Repurchased one unit at 1094.75
- sold one unit at 1094.00
- bought one unit at 1099.50
- Guesstimates on November 11, 2009
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1 Comments:
Carl,
I think we're at a very critical level here. The Dow hit the 2007 downtrend line and it represented a 50% retracement from those highs and 2009 lows. The S&P's 2007 downtrend line is currently 1101.
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