Opinions posted by cruz11

Mar 14 at 11:57PM (EST) (By cruz11)

Reducing longs

Will reduce longs Monday morning to 90% exposure. So far expecting current elliot wave to end in late March to early April 2010 in vicinity of 2465.71 to 2492.72 basis $compx, I'll need confirmation of downward momentum to enter any shorts near that r...

Mar 14 at 10:16PM (EST) (By cruz11)

standard_and_poor portfolio

To make it easier to maintain this portfolio stocks will no longer be traded short term instead triple leveraged etfs (long and short) will be traded with more closely monitored money mangement and a longer holding period averaging one month. Signed, ...

Mar 10 at 11:53AM (EST) (By cruz11)

Overbought conditions

Next 2-5 days may bring a 2-5% down turn, not a good time to add to longs. On a side note I stepped away from market guru account and failed to close out longs on the last downturn. I'm now paying for it, as guru account is still in the negative. I must ...

Dec 08 2009 at 8:13AM (EST) (By cruz11)

Econ. releases

Many economic news releases are expected today - a day for caution.

Dec 03 2009 at 4:09PM (EST) (By cruz11)

Friday outlook:

If my wavecount is on track tomorrow should be green, except for some early morning weakness, as should most of next week. In the end it is all in the hands of the "trading gods". Best of luck.

Dec 02 2009 at 11:19AM (EST) (By cruz11)

Short term market structure:

During the last four days the spx index has displayed an impulsive wave count with the possibility of a one day pullback to 1098 which should resolve itself with an ensuing new high and continued strength for the balance of the month - but only the sp...

Nov 22 2009 at 1:27AM (EST) (By cruz11)

next week

Looking for a few hedged longs with a slight bias to downside for Monday which I'll try to adjust if mkt. weakens quickly. Not really expecting more than a 10-12% decline when mkt. finally decides to crater but who the hell really knows. (currently flat)...

Nov 12 2009 at 10:58AM (EST) (By cruz11)

momentum indicators

Momentum system signals reflects sideways to down mkt. for next 5 market days, we'll see, but following 1-2 months should be up big.

Oct 25 2009 at 11:56PM (EST) (By cruz11)

Econ. reports for week , (thursday is GDP) here's Barron's the link:

http://online.​barrons.com/pub​lic/page/barron​s_econoday.html Me thinks it'll be good.

Oct 23 2009 at 2:37PM (EST) (By cruz11)

zigging and zagging

Waiting to see if 1067-1071 spx holds, an unorthodox elliot abc.