Archive for the ‘M48 Bulletin’ Category

Protected: M48 Bulletin for 5/20/2010

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Protected: M48 Bulletin for 5/18/2010

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Protected: M48 Bulletin for 5/17/2010

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Protected: M48 Bulletin for 5/14/2010

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Protected: M48 Bulletin for 5/12/2010

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Protected: M48 Bulletin for 5/10/2010

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Protected: M48 Bulletin for 5/8/2010

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Protected: M48 Bulletin for 5/6/2010

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In The Black (on the day of the Crash)

Last week the markets looked like they were set up to go lower based on what I could see technically.  Saturday I went into the Managed Accounts and placed market orders on the SH (S&P 500 short) betting the market would drop.

Those orders were filled Monday at the open.  Tuesday I went back into the accounts and placed tight stops on all long positions which included SPY, VTI, USO, XLE, MCD, GDX.  All orders were filled yesterday the 5th. 

I did not sell our AGG (long bonds) position because it looked like an inverted H&S (head & shoulders) pattern which is bullish.  Bonds had a very nice day.

Pretty much the same for those who self manage their own accounts by using the M48 and the 4 Minute Trader.

All but two small positions were sold in the M48 on Tuesday.  The only positions remaining in the M48 are SH and GLD.

In the 4 Minute Trader (100% long or 100% short) we acknowledged a trend change on Tuesday and our SPY position was stopped out yesterday for a profit.

We will soon move our stop above entry to lock in profit in the event the bull wants to run again.

A year from now the Dow could print  4,500 or 14,500.  I have no idea and normally would not care other than I don’t want to see other investors get hurt.

Make sure you are ready for the What If?   We are.

All Managed Accounts and Subscriber Accounts finished in the black today

Have a great weekend.

– Doug

Protected: M48 Bulletin for 5/5/2010

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Welcome fellow traders and investors!

As Money Managers and Traders, the mission of our Blog and Radio Show is to go on record and further educate our readers and listeners in technical analysis and proper money management across all asset classes.

Our methods are not the traditional advice you hear repeated and repackaged over and over again, but that’s exactly the point and the reason why we know how to advance and prosper in every kind of market.

To Your Success,

Doug & Gary