So I caved in and sold all my calls.  Not exactly sure what my next plan of attack will be.  I have resistance at $102 and $106.  I believe I will short any gap up, probably 1/4 at $102 and then 1/2 at $106 if it gets there.  My stop would be above...
Topics: fibonacci

{"title":"Mind boggling","post_url":"http:\/\/krazeetrading.wordpress.com\/2008\/10\/13\/mind-boggling\/","feed_url":"http:\/\/krazeetrading.wordpress.com\/feed\/","author":"krazeetrader","date":"2008-10-13 14:25:00","summary":"So I caved in and sold all my calls.\u00a0 Not exactly sure what my next plan of attack will be.\u00a0 I have resistance at $102 and $106.\u00a0 I believe I will short any gap up, probably 1\/4 at $102 and then 1\/2 at $106 if it gets there.\u00a0 My stop would be above..."}

Futures are up quite a bit as I write this, 6:48pm PST.  So here’s my plan for monday:Move stop up to $87.20 on SPY callsAny gap up above $94 I will sell 1/2 my positionAny gap up above $93.17 but below $94 I will sell 1/3 of my positionIf SPY...
Topics: fibonacci

{"title":"Monday plan","post_url":"http:\/\/krazeetrading.wordpress.com\/2008\/10\/13\/monday-plan-2\/","feed_url":"http:\/\/krazeetrading.wordpress.com\/feed\/","author":"krazeetrader","date":"2008-10-12 19:03:34","summary":"Futures are up quite a bit as I write this, 6:48pm PST.\u00a0 So here’s my plan for monday:Move stop up to $87.20 on SPY callsAny gap up above $94 I will sell 1\/2 my positionAny gap up above $93.17 but below $94 I will sell 1\/3 of my positionIf SPY..."}

Today was insane.  I picked up about 1/3 position in the morning.  Ameritrade sucks when there is high volume and I got an ok fill.  I then picked up another 1/3 near the opening top thinking this was the real deal.  Then I sat for the rest of the...
Topics: fibonacci

{"title":"Nutz","post_url":"http:\/\/krazeetrading.wordpress.com\/2008\/10\/10\/nutz-2\/","feed_url":"http:\/\/krazeetrading.wordpress.com\/feed\/","author":"krazeetrader","date":"2008-10-10 13:29:58","summary":"Today was insane.\u00a0 I picked up about 1\/3 position in the morning.\u00a0 Ameritrade sucks when there is high volume and I got an ok fill.\u00a0 I then picked up another 1\/3 near the opening top thinking this was the real deal.\u00a0 Then I sat for the rest of the..."}

The wave patterns seem incomplete.  They can morph into many different patterns at this point.  I need to not over-react to any gap on Tuesday.  I currently see 3waves - 3waves on dow and s&p.If the market goes straight up from the get go and does.
Topics: fibonacci

{"title":"Tuesday plan","post_url":"http:\/\/krazeetrading.wordpress.com\/2008\/08\/31\/tuesday-plan\/","feed_url":"http:\/\/krazeetrading.wordpress.com\/feed\/","author":"krazeetrader","date":"2008-08-31 11:48:17","summary":"The wave patterns seem incomplete.\u00a0 They can morph into many different patterns at this point.\u00a0 I need to not over-react to any gap on Tuesday.\u00a0 I currently see 3waves - 3waves on dow and s&p.If the market goes straight up from the get go and does."}

I am finally flat for the first time in a few months after being caught in several bad positions due to early entries.  My portfolio has taken a big hit but I’m still hanging in there.  On to the market.  The S&P dropped like I had...
Topics: fibonacci

{"title":"Flat","post_url":"http:\/\/krazeetrading.wordpress.com\/2008\/08\/31\/flat\/","feed_url":"http:\/\/krazeetrading.wordpress.com\/feed\/","author":"krazeetrader","date":"2008-08-30 18:12:33","summary":"I am finally flat for the first time in a few months after being caught in several bad positions due to early entries.\u00a0 My portfolio has taken a big hit but I’m still hanging in there.\u00a0 On to the market.\u00a0 The S&P dropped like I had..."}