|
楼主 |
发表于 2012-6-7 03:50 PM
|
显示全部楼层
We sold all stock holdings (FAZ, SQQQ, and EDZ) in the small troop to accept the loss. We also bot more TLT in the big troop. The following explains my portfolio as of today's close:
Long Term - Big troop dolloar amount allocation: TLT 75% cash 25%
Medium Term - Small troop stock holding: NO POSITION
The market gapped up right below the high of last down wave (05/29/2012's high). That is where the bear needs to protect in order to form another wave down with another lower high (and lower low ...), so ... the open price is the day high of today. As we talked yesterday that the market could take one of two possible scenarios: 1. to form an Inverse Head-and-Shoulders bottom (bullish view), or 2. to form a continuation consolidation area (bearish view). For either way, we should see a pull back from current price level. The actual market direction will be determined by the price action of the pull back. |
评分
-
2
查看全部评分
-
|