|
楼主 |
发表于 2012-7-19 04:36 PM
|
显示全部楼层
No trade for medium- and long-term position today. The following explains my portfolio as of today's close:
Long Term - Big troop dollar amount allocation:
- TLT 25% (10%-04/10, 15%-05/01)
- SPY 35% (10%-07/05, 15%-07/06, 10%-07/11)
- Cash 40%
Medium Term - Small troop stock holding:
- FAS (07/16)
- TQQQ (07/18)
The market closed above 07/03's high as a small doji - an hesitation sign. The upward momentum was not strong enough today, so a dip would be possible tomorrow. The timing of a possible short term peak is these two days (today or tomorrow), while the bull is still lin control of the market. For tomorrow, buy if the market dips, or (optionally) buy again if the market surges.
Wave count (based on the latest purple line wave count):
06/19/2012's high = [A]
07/12's low = [B]
07/13's high = [C].I.1
07/07's low = [C].I.2
Today's high = [C].I.3
We are in the middle of [C].I.4, and we could see a new high tomorrow for [C].I.5.
(Note that this scenario becomes invalid if the market shows a 5-wave down movement.)
|
|