|
See my 9/28 post #34580 addressed to Ian.
If you're tired of trading so often, you could always implement the
trading strategy I taught you early this year: put on bearish credit
call spreads at cycle or EW pattern highs. Since time works in
your favor when you sell options, I can generally leave these
positions in place for 3-5 weeks, w/o worrying about day-to-day
movements. For the latter large swings, I use ETF's, as you know,
and these I can sometimes leave on for 4 or 5 days. If you're
looking to go long & just fuggedaboudit, I'm afraid you'll have to
wait until ~Jan. 20, 2009, and then it will be safe to get back in the
water [long] until March 13, 2009. After that, you can go
short & stay short until the Spring of 2011....if markets are still
traded and the U.S. dollar is still recognized as currency..
---
On Tue, 9/30/08, Kirktaylor966@aol.com
<Kirktaylor966@aol.com> wrote:
From:
Kirktaylor966@aol.com
<Kirktaylor966@aol.com>
Subject: Re: [TimeandCycles] IT
term this is a Major Buy point. Expect rising prices into Jan
2009.
To: TimeandCycles@yahoogroups.com
Date: Tuesday,
September 30, 2008, 6:08 PM
Hey everyone, this includes
Bruce, Jaywiz, Jerry R., Jerry O., Ben, SLAWEK, Ian, Kevin, Chris
Lock, etc... Do you believe we have lower lows ahead or are the
lows now behind us? Like a great many folks, Ironically I am tired or
trading. I have been day trading and swing trading all year and
even though I am quite positive for the year, I am getting
tired....like exhausted from trading. I want to know WHEN we can
buy some index funds, mutual funds, ETF, whatever...and HOLD them for
longer than 2 days....like 2-6 months.....is the time NOW to buy, or
November of this year...or are we talking not until 2010? What is a
tired trader to do? -----Original Message----- From:
RajaCar <koesje1958@xxxxxx com> To: TimeandCycles@
yahoogroups. com Sent: Tue, 30 Sep 2008 7:30 pm Subject:
[TimeandCycles] IT term this is a Major Buy point. Expect rising
prices into Jan 2009.
|