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Thursday, August 13, 2009

Long S&P at 1005 before Yestersday closing?

From yestersday Fed statement, QE is on , no interest raise on card.... So Everything will go up ... only dollar will go down...

When will this end ? Maybe in about a month.

Also beware of a few bear trap on the ways up ... like I said thing will get trickier from here..

Yesterday load a few long contract at 1005 ... may be adding more at the opening... Today will be interesting

Have accumulate a quit a position in Nat Gas @ 3.52 and 3.50 which bring down my averge price to 3.65... hope everything go well... My Nat gas is long term play .. looking to accumulate more on the way..

Good Trade every one.

12 comments:

  1. Congratulations to your blog, I'm going to follow it from today, Joshua.

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  2. Welcome Joshua...

    Hope this blog will be helpful..

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  3. adding some long in the opening ... hope everything well as plan

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  4. As long the QE is still on and interest is close to zero... I will stick to my bullish ( or sillyness heh? Time will tell....)

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  5. planning to add @ 1006 crossfinger and waiting

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  6. seem ... like entry position too early...

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  7. No hard feeling always prepare for the unexpected....

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  8. Anticipating a soft bounce from here

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  9. I think we will see higher close today maybe 1013-1015 keeping my over night...

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