I am surprised, but as the market has held onto these price gains AND the setup which preceded this advance are still in place. A high put/call ratio and a spike up in VIX are symptoms of strong fear and are signs that hedges are building and that investors are protected against further price declines. Every moment that the price of stocks "holds" it is a sign that a significant accumulation is taking place and that a massive price advance is coming. I'll keep making posts as this develops during the day.
Place buys 0.50 under each high in the DIA for the balance of the day. Exit on gains of 1.00 from each price decline.
I think this will work all day.
10:28AM
109.44 DIA last...
Subscribe to:
Post Comments (Atom)
Posts
1 comment:
12:30PM
DIA Hit High 110.19, so buy dips to
109.69.
Use 1 pt stops on longs.
Exit on 1 pt rallies.
Then re-enter with the same parameter.
Post a Comment