|
|
楼主 |
发表于 2012-8-30 05:23 PM
|
显示全部楼层
We sold SPY and bought TLT today. The following explains my portfolio as of today's close:
Big Troop:
- IWM 20% (20%-08/08)
- SPY 30% (10%-07/05, 10%-07/11, 10%-07/24)
- TLT 15% (15%-08/30)
- Cash 35%
SAC Troop:
- XLF 22% (10%-07/30, 12%-07/31)
- QQQ 24% (24%-08/02)
- FAS 12% (8%-08/13, 4%-08/27)
- NUGT 8% (3%-08/21, 5%-08/27)
- EDZ 8% (8%-08/22)
- Cash 26%
The market gapped down to open right below 08/28's low (1405) and triggered the sell-off bringing it to test 08/24's low. It looks bearish in the near term. Our focus now is controlling risk instead of buying dips.
Wave count (based on the purple line scenario):
07/03's high = [A]
07/24's low = [B]
08/21's high = [C]
08/24's low = [D].A
08/27's high = [D].B
We are in the middle of [D].C. If [D].C = [D].A in time and price, we should see the market ends the correction at 1388 before noon tomorrow. If that area does not hold, we will see 1378 (0.5) fib area. After this wave-[D] correction, the market will be in wave-[E] to 1475 to end this bull market.
|
|
狗仔卡
发表于 2012-8-30 01:49 PM
发表于 2012-8-30 03:10 PM
, 