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Please read disclaimer before proceeding.

(1) The following attempt trade posting at least 10 hours delayed. (2) Most of the following comments were posted in Pro-WarRoom. (3) Our attempt trades for tomorrow are available to subscribers only. (4) The record should NOT be construed as offering investment advice. (5) Past performance is not necessarily an indication of future performance. (6) There is risk of loss in trading futures and options. (7) All time PST. 

 

The 5th year of accuracy - Daily Market Direction Bulletin & WarRoom

May 2003

FREE TRIAL: First 2 Wednesdays

USER CODE: sp500, PASSWORD: guru

Please compare these traders' SP/emini performance.

Before trying ours, please try other people's first!

Note: The following information is showing other people's stop level.
-
Name
Initial Stop
Monthly Fee
Draw-down
R J
6~9 points
$400
$4,000
L W (SP intraday)
8~10 points
$500
$5,000
J K (emini)
8~10 points
$250
$5,000
J H (sp)
8~10 points
$500
$10,000
J M (emini)
8~10 points
$200
$5,500
A P (Emini)
8~10 points
$250
$3,000
SP500guru.com
1 point
$250
1.0~1.25 point
($$$$$ = Net Profit, 2~3 trades a day.

Attempt trade for 05/30/2003 Friday <$>

Buy side: Support 947. Violation of 951.50 = more up side testing, 954 and 955.50, 959.

Short side: Trailing 951.50, target 945.50; if this 948 is intact thru midnight, watch out for bounce.

After midday: Support 959-959.50, still buying bias, target 968.

[Result: High 966, low 948.50, closed 964.50]

Attempt trade for 05/29/2003 Thursday <$$$$$>

After the opening: Buy side with 953 stop was stopped out with 1 pt; then bought again above 954 and 957 again, took profit at 962-963.

After midday: Reversed to short side from 957 violation for target 947-948. Reversed to buy side from 949 with 948.5 stop, target 953-954. Reversed to short side again.

[Result: High 962.50, low 945.50, closed 949.25]

Attempt trade for 05/28/2003 Wednesday <$$$$$>

Support 947, target 954-956. Resistance 956.

Attempt trade for 05/27/2003 Tuesday (Monday Memorial Holiday) <$$$>

Globex: 935.5 resistance for short side, target 928, 925; 931.5 support for buy side, target 937. If 937 is broken, next target 940, 945.

At opening: Try to short again 929.5 with 930.5 stop and stopped out; 931 violation = bullish and reversing to up side for buying bias, and target would be 940, 945. Bought 936.5 with 935.75 stop, target 945, and 954-955.

[Result: Globex high 935, low 927, day high 953.50, low 927, closed 949.50]

Attempt trade for 05/23/2003 Friday <$$$>

Trading range 928-935. Expected close 933.50

[Result: Globex high 934.50, low 928, day high 935.20, low 926.50, closed 933.5]

Attempt trade for 05/22/2003 Thursday <$$$$$$$$$$$$$>

Globex: stop 919.50, buy 920, target 925.50
At opening: Took profit and reverse to short at 925.25 with stop 926.

After being stopped out at 926 for short trade.; we bougnt again 926.50 with 925.75 stop, target 933-935.

[Result: Globex high 925.50, low 919.75, day high 935.50 closed 930.50]

Attempt trade for 05/21/2003 Wednesday <$$$>

Globex: Stop 921 for short 920, target 913-914 again.

916.5 violation from bounce, it will get to 924.5. Expected closing range 922.50

[Result: Globex high 920.75, 913.25 day high 924.5, close 922]

Attempt trade for 05/20/2003 Tuesday <$$$$$>

Trading range 924.50-920; if 919.50 is broken, next target 914-913.

Attempt trade for 05/19/2003 Monday <$$$$$$$$$$$$$$$$>

At opening: Stop 940, short 939.25, target 931.50.

After opening: Stop 931, selling more 930.50, target 920. Expected close 922-924 area.

[Result: high 940, low 919.50, close 922.75]

Attempt trade for 05/16/2003 Friday <$$$$$$$$$>

Globex stop 943.50, buy 944, target 946.75; 946.75 stop short for target 944.
At opening: Stop 949.50, short 948.50, target 939-948.50; then reverse to buy side from 948.50 with stop 948, target 943.50, 945, 948.

Afternoon: Stop 947.75, short 947.25, target 944; carry short over weekend. Gap down open is possible.

[Result: Globex Low 944, high 948.50, day low 928, high 949.50, close 944.50]

Attempt trade for 05/15/2003 Thursday <$$$$$>

 

Attempt trade for 05/14/2003 Wednesday <$$$$$>

Globex trade: stop 940, buy 940.75, target 943.75-944.
Pre-opening: Resistance 948.50, support 940.

After the opeing: Support, 945, resistance 948.50; try to scalp 945; if 945 is broken, short to fill the gap. 942 violation = selling bias, for target 935-936.

Midday: Try to buy 937 with buy 937; then short 940 for target 937.

[Result: Globex Low 940.00, high 948.50, day low 934.50, high 947.75, close 940.50]

Attempt trade for 05/13/2003 Tuesday <$$$$$>

 

Attempt trade for 05/12/2003 Monday <$$$$$>

Globex trade: stop 936, shorting, target 931; stop 930, buying for target 935. If 936 is broken, buy side target 945. Expected closing range 943.50

[Result: Globex Low 930.50, high 935.50, day low 928.50, high 946.75, close 944]

Attempt trade for 05/09/2003 Friday <$$$$$>

If 918 is intact thru Globex, market will reverse to up side, target 932. Stick with buy side. After the opening, stop 922 for buy side.

[Result: Low 919.50, high 933.50, close 932.50]

Attempt trade for 05/08/2003 Thursday <$$$$$>

Carry short from yesterday and covered short at opening 920 with profit. Then reversed to long for target 928-929 with profit.

Then reverse to short again with 930 stop, for target 924-925 profit taken.

Then reverse to long for target 928-929 for 924-929 trading range. Stick with short side with 930 stop for target 919-918 profit taken.

Then reverse to long from 919.75, for target 923-924 profit taken.

Buy 923 and risk 0.75. Stop out then reversed to short again and took profit 919-918 again.

Expected close 919-920.

[Result: Low 918.50, high 929.50, close 920.50]

Attempt trade for 05/07/2003 Wedneday <$$$$$>

Short from 933, target 918, before tomorrow 9:00am; keep short overnight. Before close, try to short again before 930 and carry short overngiht.

Attempt trade for 05/06/2003 Tuesday <$$$$$>

 

Attempt trade for 05/05/2003 Monday <$$$$$>

Opening Trade: stop 927, buy 928, take profit 932.

Then 930 stop, short 929, target 924-925 take profit.

Then Stop 923, buy 923.50-924, target 929-930 take profit and reverse to short.

Then Short again, stop 931.50, selling for target 924.50; then reverse to buy with 924.25 stop. (This buy stopped out 0.75); stop 923, buy again 923.5, for target 928 target then side line after profit taking.

[Result: Low 923.50, high 933.20, close 926.00]

Attempt trade for 05/02/2003 Friday <$$$$$>

Don't try to call top, the trend is STILL UP. Still buying bias. 910~920 range; stop 909 buy low, sell high; if 921 is broken, buying more for target 925, 928, 930. Expected close 917.00

[Result: Low 910.70, high 930.50, close 917.25]

Attempt trade for 05/01/2003 Thursday <$$$$$>

At opening: Stop 916, short 915.25, target 910; then stop 909, reverse to buy side; if stopped out reverse to short side for target 901. Expected close 916.
[Result: opening high 915.75, low 900.50, high 919, close 916]

Attempt trade for 04/30/2003 Wednesday <$$$$$>

At opening: Before 7:15, stop 915.75, short 915.25, target 911-910.50; then reverse to long from 911-910.50, for target 920. Expected closing range 915-916 for today.
[Result: opening high 915.50, low 910, bounce high 921.50, close 916]

Attempt trade for 04/29/2003 Tuesday <$$$$$>

Globex Stop 912, buying bias 913, target 920-922;
then reversed to short from 923 risk 0.75, short side target 910; then reverse to buy side. Expected closing range 914-917.
[Result: globex low 912.50, high 923.50, day low 909.75, close 917]

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