Wednesday, October 29, 2014

Market update

Previous market update here
No change from that previous update so far

but but but.....

We have a so called FOMC day today. I posted our guidelines on what we do on FOMC days here .
Hence, we go into the day rather flat, with very light positions with the buy signals on. The last many days have been very favorable to us, so it does help to lighten  the positions. The rally may continue ferociously upward into 2200 SPX :) , we have no idea to predict the future but that shouldn't matter much. I will use the next signal to trade with the normal size positions.


No comments:

Post a Comment

Subscribe here and follow by Email