Poolman's Account Talk

It looks like the market's are positioning themselves for a positive run next week.

This all fit's into my thinking. Is it warranted ? I doubt it.

I will run with 30% in and not add to the pot without a pullback.

Otherwise I will hedge.

Looking good to me.... :D
 
It looks like the market's are positioning themselves for a positive run next week.

This all fit's into my thinking. Is it warranted ? I doubt it.

I will run with 30% in and not add to the pot without a pullback.

Otherwise I will hedge.

Looking good to me.... :D


Hope you are right. What is your sell target on the S&P500?
 
Hope you are right. What is your sell target on the S&P500?


Hello Gumby,

My sell target is really not in terms of numbers. :nuts:

I'm looking at the market fundamentally right now. It's Christmas time and

End of Month. Wall Street is trying to shore up there Balance sheets. My

Bet is strictly based on a Santa Claus Rally. Remember I always Bet with

a Hedge. :)

I don't want to be a post whore but let me say this. I took a Statistics Class in College that

Has helped me throughout my entire life. Hedging with only 2 IFT'S in this market is very hard.

I try my best to always make a Profit.
 
Hello Gumby,

My sell target is really not in terms of numbers. :nuts:

I'm looking at the market fundamentally right now. It's Christmas time and

End of Month. Wall Street is trying to shore up there Balance sheets. My

Bet is strictly based on a Santa Claus Rally. Remember I always Bet with

a Hedge. :)

I don't want to be a post whore but let me say this. I took a Statistics Class in College that

Has helped me throughout my entire life. Hedging with only 2 IFT'S in this market is very hard.

I try my best to always make a Profit.


It is almost impossible to hedge with 2 IFT's. I am hoping to make at least 2% from current levels before the end of the year.

I hedge somewhat in my trading account.
Come on Santa Claus....I've been good:nuts:
Good luck
 
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