Details to follow.
October 21, 2008 Tuesday
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Developed by Timothy R West, a twenty year veteran market technician, this blog is dedicated to the US stock market indexes for intraday timing for defined risk entries and exits. The systematic approach will typically find 1 to 3 trades per day that can be expected to yield 2% to 10% returns per month.
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2008
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October
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- CHOP CHOP
- STILL BULLISH STRUCTURE
- 10:07AM, Tuesday, BUY SUPPORT
- GLOBAL WEALTH DESTRUCTION
- I'VE CHANGED MY MIND
- MONDAY - 10:44AM - Market Environment
- I TOOK FRIDAY OFF FROM INTRADAY TRADING
- HEAVY PUT BUYING ALL DAY
- BUY SIGNAL 12:48AM
- 10 AM BULLISH SETUP CAUGHT FULL 1 PT PROFIT
- COVER HERE @ 2.50 PTS PROFIT
- JEKYL & HYDE TRADE IS SHORT from 86.20
- 2nd IDEA: BUY NOW WITH CLOSE STOP
- JEKYL & HYDE SIGNAL
- ONE MORE SWING
- BUY SIGNAL - 2:46PM
- 1:28PM UPDATE
- Yen Surging = Indicates Financial System Strains
- Buy Signal Description
- BUY SIGNAL: 11:00AM 91.77 bid - 91.78 ask
- SECRET BUY SIGNAL
- EXTREMELY BULLISH - BUY 91.26
- Buy Signal - 1/2 Size
- 5% PROFIT IN DIA TODAY!
- STRESS LEADS TO BAD DECISIONS
- COVER SHORT - Call it a day
- How to Manage This BUY SIGNAL
- BUY BUY BUY
- BUY SIGNAL: 10:05AM: RISK HIGH
- My IM Comments Timestamped
- More Signals - Market Volatility Extremely High
- SELL SIGNAL - SHORT TERM ONLY
- DIA 90 RESISTANCE - 87.54 LAST, 88.92 HIGH
- BUY SIGNAL @ 3:00PM
- STOCK MARKET SETUP
- MUDDY SIGNALS NOW 10:43AM
- BUYERS MARKET
- WILD RIDE TODAY
- DIA = REENTRY LONG 96.66 last: 2:57PM
- DIA = EXIT with 1.0 pt profit
- DIA 96.39 = BUY
- STILL BULLISH: 98.33 LAST DIA
- 11:00AM BUY ATTEMPT #2
- MARKET PARTICIPANTS PARALYZED BY FEAR
- 10:07AM DIA 100.05 bid = BUY, 1 pt risk
- Four short positions taken & removed this afternoon
- Two Short Trades: Each Made Nice Profits
- Market Indicator Update
- SELL SIGNAL still in place:
- SELL SIGNAL STILL SET-UP:
- REASON FOR SELL SIGNAL @ 10:00AM in DIA
- SELL SIGNAL: 10:00AM Friday, Oct 3
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October
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