3/24/2008 market observation and what to do next --- 抛砖引玉,请大家批评...

layworld

Today: closed a little less than 1/3 long positions.

Current Market Direction: Up

Volume Trend: Lower and Lower

Short-Term direction prediction: up

Concern: lower and lower volume, major resistance ahead, can EMA50 held?

Focus: if price up, volume is getting lower or higher?
           Can indices hold their EMA50 in next several sessions?
           Can VIX break down the major support line around 23?

Operation:

1, Sell another 1/3 long positions if going up with lower volume and weaker momentum.

2, Plan to add put positions on OIH as long as its recent 30-minute downtrend does not break, but this may be a short-term play, and may switch to long position in the near future.

3, Pay attention to GLD, do not establish any position yet, may buy calls when it hits 87 and inflation threats show up in the news again, meaning that MMs start to pump after reloading...

4, Pay attention to XLF, if the market can not stand above resistance, buy XLF put, since it will stay
in the downtrend channel, with recently being oversold and potential bad news coming. Do not start this plan before major banks' APR ER, unless want to bet.

shyuan

原帖由 layworld 于 2008-3-25 01:16 发表 Today: closed a little less than 1/3 long positions.Current Market Direction: UpVolume Trend: Lower and LowerShort-Term direction prediction: upConcern: lower and lower volume, major resistance ahead, ...

 

很不错的计划。。纯水支持一下。。。

xiaobailong

原帖由 shyuan 于 2008-3-25 02:24 发表 很不错的计划。。纯水支持一下。。。

就算不是LaVazza的Espresso，好歹是杯Cappuccino吧