.

Home

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 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. 

 

December 2003

FREE TRIAL: First Wednesday

USER CODE: sp500, PASSWORD: guru

Please compare these analysts' 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 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. We have never called top since while most analysts kept calling top from March to September 2003, and ?

<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 12/31/2003 Wednesday <$$$$$ Happy New Year>

Morning: Stop 1109.25, scalping short side, target 1104-1105

Midday: Stop 1108.75, keep scalping short side, target 1103; then try to reverse to buy side from 1102.75 with 1 point risk.

[Result: High 1109.25, low 1105, close 1108]

Trade for 12/30/2003 Tuesday <$$$$$>

Stop 1109.75, selling bias, target 1104-1105; then 1104 stop for buy side, target 1108.

[Result: High 1109.25, low 1105, close 1108]

Trade for 12/29/2003 Monday <$$$>

Globex: Stop 1089, still buying bias, target 1100; followed by stop 1092.50, buying bias, target 1100.

At opening: Stop 1100, scalping short, (Stopped out 0.75 pt)

After opening: Stop 1101.75, short 1101, target 1096.50; if this 1096 is intact thru 10:00am, then it would be stop for buying bias, for MOC day high close.

Preopening: Stop 1092.50, buying bias, target 1100

Afternoon: Stop 1100.50, buying bias, target 1110.

[Result: Globex low 1092.50, day low 1087.25, high 1109, closed 1108]

 

Trade for 12/26/2003 Friday <$$$>

Trading range 1089~1096; try to buy low and short high. Main trend still up.

Trade for 12/24/2003 Wednesday <$$$>

Trading range 1089~1096; buy side for end of year rally.

Trade for 12/23/2003 Tuesday <$$$>

Trading range 1089~1096.

Trade for 12/22/2003 Monday <$$$$>

Globex: Stop 1088.75, selling bias, target 1080-1079. Trailing 1086.25.

At opening: Stop 1086.25, short again. stopped out 0.75 pt.

Before 7:00, Stop 1091.25 stop, short again 1090.50, target 1086.50 profit taken.

Midday: If took profit, short again above 1088.50 with 1089 stop. (Stopped out 0.75 pts)

After 9:00,: Stop 1085, scalp buying side, target 1089 testing.

Afternoon: Stop 1086, buying bias.

[Result: Globex low 1080, day low 1085.25, high 1093, closed 1093]

 

Trade for 12/19/2003 Friday <$$$$$$$$$$$>

Pre-opening: One day consolidate. Do not expect it to plunge a lot! Just short at opening (1089.50), target 1086.

After 8:30: Try to short again 1088 or higher with 1088.75 stop, target 1083.50.

[Result: day low 1082.25, high 1089.50, closed 1085.25]

Trade for 12/18/2003 Thursday <$$$$$$$$$$$$$$$$$$$$$>

Globex: Stop 1073 and 75, strong buying bias, target 1083 for sure

At openng: Stop 1075, still buying bias, buy again, target 1082-83 at least; then trailing 1078 for possible 1085, 1088.

[Result: Globex high 1078, Globex low 1074.75, day low 1075.25, high 1088.50 closed 1088.50]

Trade for 12/17/2003 Wedesday <$$$$$>

Globex: Support 1071, 1069, buying bias, target 1083

After the opening: Due to SARS news, choppy tradng range 1073~1070. Bigger picture: support 1068, buying bias, target 1083

[Result: Globex high 1073.50, Globex low 1070; day low 1069.50, high 1076.75, closed 1076.50]

Trade for 12/16/2003 Tuesday <$$$$$$$$$$$$$$$$$$$$$>

Globex: Stop 1071.50, selling bias, target 1065, 1056; if 1064 is intact for 2 hours, then it would be buying bias.

Afternoon: Stop 1068, buying bias, target 1074-75.

[Result: Globex high 1070.50, day low 1065.50, high 1075, closed 1073]

Trade for 12/15/2003 Monday <$$$$$$$$$$$$$$$$$$$$$>

Pre-opening: Stop 1088.25, stop 1086.25, selling bias, target 1078.5, 1075

After opening: Stop 1080.50, selling bias, target 1067 is valid before Tuesday.

[Result: Globex high 1088.50, day low 1067, high 1084.50, closed 1067]

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

Pre-opening: Stop 1074.50, selling bias, target 1064-65 and try to buy 1065.50; expected trading range 1074-1064 and expected closing at day high. If closed at day high, then expected target for Monday would be 1078... and 1086

[Result: day low 1055.50, high 1073.50, closed 1073]

Trade for 12/11/2003 Thursday <$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$>

Pre-opening: Stop 1057.50, buying bias, target 1065.

Midday: Stop 1067.25, short side scalping, target 1064, 62.

Afternoon: Trailing 1062 for buy side, target 1071.

Final hour: Stop 1067.25, still buying bias, for high closing.

[Result: day low 1058, high 1072.50, closed 1071]

Trade for 12/10/2003 Wednesday <$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$>

Globex: Stop/trailing 1064, selling bias, target 1055.50

At opening: Stop 1062, selling bias, target 1055-57.

Afternoon (after 10:00am PST): stop 1062, selling bias, target 1054.

After target is hit: Stop 1052.50, REVERSE TO BUY SIDE.

[Result: Globex low 1058.75, Globex high 1061; day high 1073, day low 1053, closed 1061]

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

Globex: Stop/trailing 1066, buying bias, target 1072

At opening: Stop 1063, selling bias above 1062, target 1066.

After FOMC meeting: Stop 1070, selling above 1069 again, target 1058 testing. Expected closing range 1060-61.

[Result: Globex low 1068.75, Globex high 1062.75; day high 1072.75, day low 1058.75, closed 1060.75]

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

Globex: Stop/trailing 1064, short side, target 1066; then reverse to buy side.

At opening: Stop 1062.75, try to short again. (Stopped out 1 point)

After opening: 1064 violated. Stay side line 8:00~10:00 and don't overtrade! If this 1060 is holding thru 10:00, then it will be buying bias again, for target 1067 and closing at high.

[Result: Globex high 1068.50, Globex low 1064; day high 1068.75, day low 1059.50, closed 1061.50]

Trade for 12/05/2003 Friday <$$$$$$$$>

Globex: Stop/trailing 1068.75, short side, target 1064.

Pre- opening: Trading range 1068.75~1064. 1064 violation = 1062.50, 1060

[Result: Globex high 1068.50, Globex low 1064; day high 1068.75, day low 1059.50, closed 1061.50]

Trade for 12/04/2003 Thursday <$$$$$$$$>

Globex: Stop/trailing 1068.25, short side, target 1064. (Stopped out 1 point).

Pre- opening: Trading range 1064~1070.50, buy low, short high.

Afternoon: Stop 1066, buy side, target 1070.

[Result: Globex high 1068.50, Globex low 1064; day high 1070.25, day low 1062.70, closed 1069]

Trade for 12/03/2003 Wednesday <$$$$$$$$>

Globex: Stop/trailing 1068.50, short side, target 1064. (Stopped out 1 point).

Pre- opening: Support 1067, buying bias, target 1074 before 9:00AM PST

At the opening: Stop 1070, buy side stopped out 0.75 pt.

After Opening: Stop 1067.50, buying bias, target 1074 still valid.

Midday: Stop 1073.75, short side. (Stopped out 0.75 pt)

After midday: Stop 1073.75, short side, target 1069; 1068 violation = more selling.

Afternoon: 1068 violation = short again, target 1064 testing. Short again at bounce with 1068.75 stop.

[Result: Globex high 1070, Globex low 1066.50; day high 1074.25, day low 1064.50, closed 1065]

Trade for 12/02/2003 Tuesday <$$$$$$$$>

Globex: Stop 1066, buy side, target 1070, 1073.

Day session: Stop 1066, still buying bias, target 1070, 1073. Try to buy 1066~1066.50.

Afternoon: Stop 1068, short sclaping, target 1064-1063.50.

[Result: Globex high 1069, Globex low 1066.25; day high 1071, day low 1064.25, closed 1066.75]

Trade for 12/01/2003 Monday <$$$$$$$$>

Globex: Stop 1055.50, buy side, target 1064

Day Session: Stop 1060, still buying bias, target 1068.50.

Midday: Stop 1070, short side scalping, target 1065-1066.

Midday: Stop 1065, short side stopped out 0.5.

Afternoon: Stop 1065, buying bias, target 1070.

[Result: Globex high 1064, Globex low 1055.75; day high 1071, day low 1061.75, closed 1069.50]

Trade for 11/28/2003 Friday <$$$$$$$$>

Globex: Trading range 1060.50-1055.50. Buy low, short high.

Day Session: Trading range 1060.50-1055.50. Buy low, short high.

Trade for 11/27/2003 Thursday <Thanksgiving Day>

Market Closed

Trade for 11/26/2003 Wednesday <$$$$$$$$>

Globex: Stop 1052, still buying bias, target 1061.

After opening opening: Stop 1057, selling bias, target 1052; 1052 violation = 1050; 1049.50 violation = Dow 9700 target for profit taking. (Stopped out twice) Then followed by 1046.50 stop for selling bias again. Profit taken when Dow hit 9700. (or Trailing 1052)

Midday: Stop 1050, buy side, target 1056-57.

[Result: globex high 1058.50, glboex low 1052.50; day high 1058.50, day low 1047.50, closed 1057.25]

Trade for 11/25/2003 Tuesday <$$$$$$$$$$$$$$$$>

Globex: Stop 1046, still buying bias, target 1052.

Morning: Choppy range 1054-50

Afternoon: Stop 1052.50, buy side scalping, target 1056-1057.

[Result: globex high 1052, glboex low 1047.50; day high 1057.75, day low 1048, closed 1053.50]

©1999~2003 SP500guru.com All rights reserved. Unauthorized access is prohibited.