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.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 posting 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. 

 

September 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
($$$$$ = Accurate Direction ) 
     
 
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.

<10/09/2002 Wednesday> Don't be obsessed with short side, any low made in this week could be "THE" low for an extensive new trend up....

<10/10/2002 Thursday> Bigger picture: Dow Jones Support 7400, target 9000+ within 8-10 weeks. 8000 within 5-6 days....
 

Trade for 10/01/2003 Wednesday <$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$>

Before the Opening: Stop 995, strong bias for buy side, target 1004, and 1012-1014.

At 7:00AM: Stop/trailing 998, still buying bias ,target 1012.

[Result: low 997, high 1017, close 1015.50]

Trade for 09/30/2003 Tuesday <$$$$$$$$$$$$$$$$>

Before the Opening: Stop 1002, selling bias, for target 990 testing.

Midday: 995-990 trading range, buy low, sell high. (3-4 times back and forth). 995.25 violation = reversal to up side, target 1000.50. Then 996 testing still valid.

[Result: low 988.50, high 1001.75, close 994.50]

Trade for 09/29/2003 Monday <$$$$$$$$$$$$$$$$>

Opening: Stop 1000.50, short one more time, for target 993; then reverse to buy side with 992 support before 8:00AM PST, for target 1004.

[Result: low 993.25, high 1005.50, close 1004.25]

Trade for 09/26/2003 Friday <$$$$$>

Expected Trading range: 994-1002.50.

[Result: low 994, high 1012, close 995.00]

Trade for 09/25/2003 Thursday <$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$>

Opening: Stop 1012.50, short one more time, target 1005-1004.

After 1002.50 hit, Stop 1004 stop, revese to buy side, target 1013 target.

AFter target 1013-1014. Stop 1013.75, risking 0.75, scalp short side, target 1008-1009.

After 1009-1008 target: Try to buy again with 1007-1006 stop for 1011.

After 1006 violation: Reverse to short selling with 1007 stop, target 1002, 1002 violation = possible 995 target.

[Result: low 996.00, high 1014.50, close 996.50]

 

Trade for 09/24/2003 Wednesday <$$$$$$$$$$$$$$$$$$$$$$$>

Opening: Stop 1030 for short side; stop 1025 for buy side; 1024.50 violation reversed to short side. 1021 violation, more selling for target 1008.

[Result: low 1006.50, high 1028.25, close 1007]

 

Trade for 09/23/2003 Tuesday <$$$$$$$$$$$>

Opening: Stop 1024, scalp short side one more time, target 1019.50

After 7:00, stop 1021, buying bias, target 1028.

Final hour: Stop 1028.50, short side, target 1026.

[Result: low 1019.25, high 1028.50, close 1025.50]

 

Trade for 09/22/2003 Monday <$$$$$$$$$$$>

Friday-Monday: Timing for little topping !! If closed expected, then 1036 still resistance for shorting one last ime on Monday.

Opening: Stop 1026, still selling bias ,target 1014. Expected close 1021

[Result: low 1015.50, day session high 1024.50, close 1021]

Trade for 09/19/2003 Friday <$$$$$$$$$$$$$$$$$$$$$$$$$>

Opening: Stop 1040, SELLING BIAS. target 1029.50 before close. Expected closing range 1032.50-1031.

Friday-Monday: Timing for little topping !! If closed expected, then 1036 still resistance for shorting one last ime on Monday.

[Result: low 1029.25, high 1039, close 1032.75]

 

Trade for 09/18/2003 Thursday <$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$>

Opening: Main trend is still UP. Strong buying bias for today. Stop 1023, buying bias risking 1 point. target 1038-1040 before close. Expected closing at day high.

[Result: low 1023.50, high 1039, close 1038]

 

Trade for 09/17/2003 Wednesday <$$$$$$$$>

Opening: Resistance/stop 1028.25, sellinging bias ,target 1022.50; then reverse to buy side.

[Result: low 1022.25, high 1029.75, close 1025.50]

Trade for 09/16/2003 Tuesday <$$$$$$$$$$$$$$$$$$$$$$$>

Globex: Support/stop 1011, buying bias ,target 1020.

Opening: Stop 1012, still buying bias, target 1021-1023

Mid-day: Stop 1016, still buying bias, target 1024.50, and target 1028.50 possible before tomorrow opening.

[Result: low 1012, high 1028.25, close 1027.50]

 

Trade for 09/15/2003 Monday <$$$$$$$$$$>

Opening: Stop 1018.25, short selling 1017.50, target 1011-1012. Expected closing range 1014~1011.

[Result: low 1011.25, high 1018.25, close 1012.5]

Trade for 09/12/2003 Friday <$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$>

Opening: Stop 1013.50, short selling, target 1006.

Stop 1005.50, buy 1006.50, target 1012.

After 11:00: Stop 1011, buy 1012, target 1019

[Result: low 1005.25, high 1018.25, close 1017]

 

Trade for 09/11/2003 Thursday <$$$$$$$$$> Rollover to December contract.

Opening: Support 1009, buying bias, target 1022.

[Result: low 1010, high 1019.50, close 1015]

Trade for 09/10/2003 Wednesday <$$$$$$$$$$$$$$$$$$$$$$>

Opening: Still SELLING bias. Stop 1022.50, selling bias, target 1011. Expected closing range for tomorrow: 1011-1010.

[Result: High 1021.50, low 1009, closed 1014]

Trade for 09/09/2003 Tuesday <$$$$$$>

Globex: Trading range 1033.75 - 1026.50

Opening: Stop 1029.50, selling bias, target 1022-1021.

Midday: Stop 1026.75, short side, day low testing.

Still selling bias for tomorrow and expected closing range for tomorrow: 1011-1010.

[Result: Globex high 1034.50, day high 1028.50, low 1020.50, closed 1024]

Trade for 09/08/2003 Monday <$$$$$$>

Globex: Stop 1025, short side, target 1020.

Opening: Try to short again 1024.25, with 1025 stop. Stopped out. Reversed to buy side with 1024 stop rising 1 pt, target 1030-1031.

[Result: Globex high 1024.75, low 1021.25, day high 1032.50 closed 1030.75]

Trade for 09/05/2003 Friday <$$$$$>

Trading range 1022-1029. Afternoon, if 1029 is intact thru 10:30, try short selling bias; 1024 violation, reverse to short target 1018. Expected closing range 1021-1023.

[Result: Low 1017, high 1029.50, close 1022.50]

Trade for 09/04/2003 Thursday <$$$$$$$$$$$$$$$$$$$$$$$>

After opening: stop 1027.75, selling into 1022, take profit and reverse to long below 1022 with 1021 stop for target 1029-1030 before 10:45.

[Result: Low 1021.25, high 1029.75, close 1028.50]

Trade for 09/03/2003 Wednesday <$$$$$>

Globex: Stop/trailing 1018, for target 1029.

[Result: Low 1020, high 1029, close 1027]

Trade for 09/02/2003 Tuesday <$$$$$$$$$$$$$$$$$$$$$$$>

Morning: stop 1013.75, selling bias, target 1005; then reverse to long with 1004 stop for target 1018-1020 after 1014 violation.

Many experts said market would be bearish in September; JUST DONT LISTEN TO THEM.

Midday: Stop 1012, still buying bias, target 1018-1020. Expected closing 1020-1021. Carrying long overnight with 1018 trailing.

[Result: Low 1004.50, high 1022.50, close 1021.50]

Trade for 09/01/2003 Monday <Labors Day, Closed)

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]

 

 

 

 

 

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