the beauty of trend following

lucky99

回复 260# angelafund
Thanks for updates and sharing!

angelafund

based on what I see now, i will likely sell 2/3 of goog to raise some cash ... unless it closes at the top of the trading range ...

the rest of the stocks are all looking fine ... so far

let's wish the 2pm buyers pop the market up.

bubuliao

love TSLA! thank you very much for sharing!

angelafund

let's go short V on monday and sell all Google to raise more cash in case the market enters a deeper pull back ...

angelafund

tsla is cute ...

This market may have entered the first meaningful pull back from the 9/1 market uptrend. This week should offer us clues what the market wants to do ... Market could pull back towards the RISING 50MA, or it could just sit here and consolidates.

If you look at the technical picture, the 50/200 golden cross should hold the uptrend if the market decides to correct more.

Trend followers have no need to guess what the market does next, they will only react, no anticipate or predict ...

I am still holding the following,

CMG/PCLN/BIDU/FFIV/ARUN/NFLX/GLD/DGP/TSLA/TZOO

If market weakens further, I will light up some more positions ... but so far some of the strongest stocks e.g. CMG and PCLN, I have no desire to sell them

angelafund

let's do the selling,

ARUN: sell all
FFIV: sell half
BIDU: sell 1/3
GOOD: sold all in the AM
NFLX: sell half

KEEP the following,

CMG/PCLN/TSLA/TZOO/GLD/DGP

angelafund

sell everything, move to cash

maomi

回复 267# angelafund


    like your decisiveness :) most people are hesitating...... Please keep us posted when you are ready to load again!

littlevivi

sell everything, move to cash
angelafund 发表于 2010-11-16 15:30

明天卖会不会赚得多一些？

lucky99

回复 267# angelafund
Thanks for update!

bokchoy888

thx!

angelafund

let's go short the market, buy TZA

ur sell stop is today's low

colderdown

回复 272# angelafund

I am in.

maomi

I don't have the gut to short, hold 25% long as core position, waiting to buy dip...

zeebra

angelafund

looks like the market has tricked me into selling all of my positions ... this could have cost me ...

I am going to buy some position back and initiate some new positions ...

keep tuned, I will let u know what I will buy tomorrow morning.

lucky99

回复 276# angelafund
Thank you for up-dating!

It seems up-trend un-touched? How do you judge (follow) the trend or the trend change? 20 MA?

ddd

looks like the market has tricked me into selling all of my positions ... this could have cost me .. ...
angelafund 发表于 2010-11-21 20:58

Support your decision. Here is my short-term trend system #1, showing the futures turned to blue bar today (Sunday).

angelafund

buy OPEN

buy back some shares of NFLX

buy back some shares of TZOO

angelafund

looks like the market has tricked me into selling all of my positions ... this could have cost me .. ...
angelafund 发表于 2010-11-21 20:58

奶了个蛋的, 我要骂娘

this market has certainly fooled me last week into selling my best positions. The worst in a bull market is to lose a position ... which is exactly what I did last week.