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Please read disclaimer before proceeding.

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

(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. 

 

August 2003

FREE TRIAL: First Wednesday

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.
     
 
We did call the bottom SP 767.00 the day before this up trend started on October 10, 2002! We did buy IBM at 54.85 with 54.25 stop. All our stocks gained 70%~100%+ except black sheep BRCD net +20% only.

<10/09 Wed> Don't be obsessed with short side, any low made in this week could be "THE" low for an extensive new trend up....

<10/10 Thu> Bigger picture: Dow Jones Support 7400, target 9000+ within 8-10 weeks. 8000 within 5-6 days....
 

Trade for 08/29/2003 Friday <$$$$$>

Morning: stop 999, buying bias. target 1005-1006. AFter pull back, if this 999 is intact for 3 hours, it will push up later today.

[Result: Low 999, high 1009.50, close 1008]

 

Trade for 08/28/2003 Thursday <$$$$$$$$$$$$$$$$>

Morning: stop 999.75, short selling. target 992. Then try to reverse to buy side, for target 1003-1005.

Midday: Stop 992, buying bias ,target 997-999; then 997 stop, for target 1003-1005, expected closing 1002.50

[Result: Morning high 999.75, Low 990.50, afternoon high 1004, close 1002]

Trade for 08/27/2003 Wednesday <$$$$$>

Morning: stop 997, short 996. target 993. Choppy day. Do not overtrade.

[Result: Low 992.50, afternoon high 997.75, close 995.5]

Trade for 08/26/2003 Tuesday <$$$$$$$$$$$$$$$$$>

Globex Stop 995, selling bias, target 986; 985 violation = more selling.

Afternoon: Stop 983, buying bias, 986.5 violation = reversing confirmed, target 988-989, 996.

[Result: Low 982.50, high 998 (globex high 994.75), close 995.5]

Trade for 08/25/2003 Monday <$$$$$>

Choppy day sclaping.

Trade for 08/22/2003 Friday <$$$$$$$$$$$$$>

Globex: Support 999.50, resistance 1005.

Opening: Stop 1008, scalp buy side to 1010-1012.

AFter opening: Stop 1008 for buy side; 1010.75 stop for short side. 1008 violation = reverse to short selling with 1 point stop, for target 997-996; 996 violation, keep shorting for 993-992 target.

[Result: Low 991.50, high 1012.50, close 992.50]

Trade for 08/21/2003 Thursday <$$$$$$$$$$$$$>

Opening: Stop 998.50, buying bias, target 1010-1015. 1009 profit taken.

Midday after plunge: stop 998, buying bias 999, target 1004.

Afterroom: Stop 999.75, buying 1000.50, target 1004-1005

[Result: Low 998.25, high 1009.75, close 1002]

 

Trade for 08/20/2003 Wednesday <$$$>

Opening: Stop 995, buy side, narrow trading range 996-1002.

[Result: Low 995.50, high 1003.50, close 999]

Trade for 08/19/2003 Tuesday <$$$$$$$$$>

Opening: Stop 996, buying bias, target 1005... took profit 1002-1003

Midday: New buy was stopped out 0.75.

Afternoon: Stop 996, bought 997 again...

[Result: Low 994.25, high 1000.25, close 1003]

Trade for 08/18/2003 Monday <$$$$$$$$$$$$$$$$$>

Opening: Stop 992, buying bias, target 1000-998; expected closing range 998-1000.

[Result: Low 992.25, hight 1003.50, close 999]

Trade for 08/15/2003 Friday <$$$$$$$$$$$$$$$$$>

Opening: Stop 985, buying bias from 985.5-986, target 991-992.

Midday: Stop still 985, still buying, buy again 986-986.5, target 991-992.

[Result: Low 985.50, high 992.50, close 990.50]

 

Trade for 08/14/2003 Thursday <$$$$$$$$$$$$$$$$$>

Opening: Stop 986.25, selling bias, target 981, then 978, then reverse to long.

[Result: Low 979, high 991.50, close 989]

Trade for 08/13/2003 Wednesday <$$$$$$$$$$$$$$$$$$$$$$>

Pre-opening: Stop 994, selling bias, target 987-986. 985 violation, selling more for target 983. Then 982.25 stop, reverse to buy side, target 988-989.

Midday: 986 stop, short 985 again, target 978. Expected closing 985.

[Result: Low 979.50, high 993, close 985]

Trade for 08/12/2003 Tuesday <$$$>

Opening: Stop 980, buy 980.50, target 984. (stopped out)

Mid-day: Stop 984, shorted from 983.25, took profit 980.

Afternoon: Stop 986.50, buy 987.5, target 990-991.

[Result: Low 978.50, high 991, close 990.50]

Trade for 08/11/2003 Monday <$$$$$$$$$$$$$$$$$$$$$$>

Opening: Stop 976, buy side, target 984; then reverse to short side from 974 with 985 stop, target 973.

[Result: Low 972.50, high 984.50, close 981]

Trade for 08/08/2003 Friday <$$$>

Opening: Stop 976, buy 976.50, target 9980-983. If this 976 is broken, short side scalping to target 972-970. Expected closing 975.

[Result: Low 972.25, high 980, close 978]

 

Trade for 08/07/2003 Thursday <$$$$$$$$>

Stop 961, buying bias, target 973-975, expected closing range 973-975

[Result: Low 962, high 975.25, close 974.50.]

 

Trade for 08/06/2003 Wednesday <$$$$$$$$>

Stop 957, buying bias, target 966, 969, and 974.50 before 11:45.

[Result: Low 958.50, high 975.25, close 965.]

 

Trade for 08/05/2003 Tuesday <$$$$$$$$>

Opening: After 979 pivot violation, reversed to short selling bias with 979 stop, target, 967, 965, 961, MOC down.

[Result: High 983.50, low 958.50, closed 959]

 

Trade for 08/04/2003 Monday <$$$$$$$$>

Opening: Stop 980.50, selling bias, target 965 target.

Midday: Stop 971 stop, buying bias, target 977. ... expected close most likely 980

[Result: Opening hi 979.25, low 964.75, high 985, closed 980]

Trade for 08/01/2003 Friday <$$$$$$$$>

Globex: Stop 987, buying bias, target 994 testing.

Opening: Stop 987.75, selling bias, target975. Expected close 980.

[Result: Globex high 993, low 988, day high 987.25, low 975.50, closed 979.50]

 

Trade for 07/31/2003 Thursday <$$$$$$$$>

Opening: Support 988, target 995, and 1000-1003 is valid before tomororow.

Midday: 1003.5 stop, short scalping to 1000, 999.

Afternoon: Pivot violation, reverse to short for target 987.

[Result: high 1004, low 985.50, closed 988]

 

 

 

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