Archive for January, 2008
Friday, January 25th, 2008
I felt compelled to write to entry after receiving numerous emails about the implications of standard deviation and linear regression while looking at charts. First off, linear regression can be defined as: the best fit of sample data points to a linear model by minimizing the sum of the squares ...
Posted in Indices | No Comments »
Thursday, January 24th, 2008
With the recent downturn in the market for yet another session, it’s looking like the SPY is going to pierce the lower breakeven price at 137.59. According to our rules, we have a standing conditional order for the autotraded positions to close the position out at the market if the ...
Posted in General Commentary | 1 Comment »
Thursday, January 24th, 2008
As we wait for the market to enter into a prime entry zone for our January trade, I thought that I would reflect on the market conditions of late. As far as the first trading day of 2008, it was a complete downer to the tune of 220 points to ...
Posted in General Commentary | 1 Comment »
Thursday, January 24th, 2008
Our November SPY Iron Condor was filled at a debit of $0.47 to flatten our position. This is a $0.12 loss from our original fill at $0.35, resulting in a loss of 7.2%. Given this extremely volatile market, we're glad to flatten out at a very small loss without increasing ...
Posted in General Commentary | No Comments »
Thursday, January 24th, 2008
Just as I was writing this commentary for the October SPX and SPY trade, the news came across my wire that European Central Bank governing council member Axel Weber said the bank may need to raise interest rates to a level that restricts economic growth to keep inflation under control. ...
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Thursday, January 24th, 2008
We have decided to switch over to WordPress as our previous blog over at Bullpoo was not cutting it. Subscribers have requested an RSS feed which Bullpoo did not offer. This will now be our permanent blog home. Stay tuned for our next entry.SHARETHIS.addEntry({ title: "Welcome to our new Index ...
Posted in General Commentary | No Comments »
