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(1) The following attempt trade posting at least 10 hours delayed. (2) Most of the following comments were posted in ProWarRoom and MA-Room. (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 posted time is PST. 

 

May 2006

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USER CODE: sp500, PASSWORD: guru

= Direction Accuracy
We risk 1 point or less from the stop; target for profit taking.
Timing is everything!
We risk 1 point or less from the stop !

Trades for 05/31/2006 Wednesday

Globex > Stop 1266, short, target 1255-56.

Morning > stop 1268.25, short side. (stopped out); 1264 stop, buy side.

Midday > side line.

[Result: Globex low 1256, Day high 1273.25, day low 1262.50, close 1273]

 

Trades for 05/30/2006 Tuesday

Globex > Stop 1284, short, target 1275, 1266

7:00 > Stop 1275, short again, target 1266

09:00 > Stop 1273.50, short, target 1266, 1263

10:00 > Stop 1270.50, shorting, 1264; just hold the short.

10:30 > Just hold the short and do NOT cut profit short.

12:30 > Stop 1266, target MOC down.

[Result: Globex high 1283.25, Day high 1278.75, day low 1259.25, close 1259.75]

 

Trades for 05/29/2006 Monday (Memorial Holiday, market closed.)

Trades for 05/26/2006 Friday

Globex > Stop 1279, short, target 1275-74

Opening > Stop 1270.50, short, target 1275-74.

08:00 > Stop/trailing 1280.50, short side. (stopped out 1 pt)

10:00 > Stop 1278, buy side, target 1284-85

[Result: Day high 1283.25, day low 1274, close 1282.50]

 

Trades for 05/25/2006 Thursday

Globex > Support 1255, buying bias, target 1270-72

Pre-opening > Stop 1269.75, short, target 1263-62; then reverse to buy side with 1260.50 stop.

08:54 > Stop 1267, buy side, target 1273-75.

Midday > short side for scalping ONLY. (stopped out 1 pt);

Afternoon > Buy side stop/trailing 1269, target 1276 is a must !

[Result: Globex low 1257.75, Globex high 1269.75, Day high 1276.50, day low 1263.25, close 1276.25]

 

Trades for 05/24/2006 Wednesday

Globex > Support 1247, buying bias, target 1260, 1265

Opening > Agg stop 1252, buying bais, target 1262, 1265

07:30 > Stop 1267, shorting, target 1258-57; then stop 1256, reverse to buy side. (buy side stopped out 1 point).

09:00 > Stop 62.50, short again, target 1253

11:30 > Stop 1262.50, short again, target 1264-63

12:30 > Stop 1265.25, short again, target 1260.

Before closing > (MA) Buy below 1260, for 1270-72 target tomorrow.

[Result: Globex low 1246.75, Globex high 1259, Day high 1267, day low 1247.75, close 1260.75]

 

Trades for 05/23/2006 Tuesday

Globex > Stop 1270.50, short; stop 1262, buy side. Main trend is DOWN (target 1250-1248).

Opening > Stop 1266, buy side; stop 1274, short side. (short side stopped out)

08:53 > Stop 1275.75, short, target 1267-66; keep in mind main trend is DOWN!

11:45 > Stop 1272.75, short, target 1266-67; 66 violation = target 1263-62; 62 violation = target 1255.

Final hour > Try to buy with support 1247 for position.

[Result: Day high 1276.50, day low 1252, close 1252]

 

Trades for 05/22/2006 Monday

Globex > We still favor short side. 1275-78 shorting range.

Opening > agg stop 1261, buy side, scalping to 1267.50.

7:00 > Stop 1269, shorting bias

7:40 > Stop 1267, shorting bias

10:00 > Stop 1264.25, short side, target 1257-55.

11:30 > Stop 1264. short again. (stopped out)

After stop out > stop 1262, buy side, target 1270-72. Before end of Tuesday, we still favor short side.

 

[Result: Globex high 1274, Globex low 1258.50, Day high 1272, day low 1255.25, close 1261.75]

 

Trades for 05/19/2006 Friday

Opening > Stop 1271.75, still shorting bias, target 1262-61, 1255

Midday > stop 1267.50, short again. (1/2 profit and 1/2 stopped out 1 point)

Then > Stop 1267-1268, buy side, target 1275, 78.

11:50 > Stop 1272.50, short scalping, target 1268-67

Then stop 1267, buy scalping (1/2 profit above 1269, 1/2 stopped out 1 pt); expected closing range 1270.50-1272.

[Result: Morning high 1270.Day high 1275.50, day low 1258.25, close 1271.25]

 

Trades for 05/18/2006 Thursday

Globex > Resistance 1279, short side.

Opening > Stop 1280, shorting bias, target 1272-71, 69-68; agg stop 1278.75.

12:36 > Stop 1272.50, for target 1260

[Result: Globex high 1276.25, Day high 1278, day low 1261.5, close 1263]

Trades for 05/17/2006 Wednsday (CPI report is NOT better than expected)

Globex > Resistance 1300 for short side, target 1292, 1288-87

6:30 > Stop 1292 for short side; then agg stop 1285 for buy side target 1289-91; then reverse to short again. 1285 violation = reverse to short again for target 1280

6:48 > Buyers take proft at 1290.50 - 91 then reverse to short again with 1292 stop.

07:00 > Bigger picture, trend is still DOWN, target 1270.

10:00 > Stop 1282, short again, target 1275, 1270

11:01 > We still favor short side; stop 1281.50, short again, risking 1-2 pts is ok; target 72.50-71.50; then Stop 1270-71, scalping buy side.

12:00 > stop 1277.50, short again for MOC down target 1268. (stopped out)

12:48 > stop 1277.50 again, target 1268 MOC down day. IT will plunge all the way down to close

[Result: Globex high 1299.75, Day high 1292, day low 1268.25, close 1269.75]

 

Trades for 05/16/2006 Tuesday (PPI report is better than expected)

06:30 > Stop 1300, short. (1/2 profit 2 pts and 1/2 stopped out 1 pt)

07:24 > Stop 1300, short again, target 1296, 92.

10:53 > Stop 1300.75, short again, target 1296.75 x 1293-92.

12:00 > Stop/trailing 1299.25, holding short for the rest of the day, target 1296.50, 93-92.

Final 15 minutes > Closing below 1295 = bearish !

[Result: Day high 1301.50, day low 1291.75, close 1295]

 

Trades for 05/15/2006 Monday

06:30 > Down trend has started !! Stop 1295.25, short. (stopped out 1 pt)

07:27 > Stop 1300, short, target 1293; 1292 violation = target 1288.

[Result: Globex high 1296, Day high 1299, day low 1288, close 1297]

 

Trades for 05/12/2006 Friday

Globex > Globex Stop/trailing 1315.75, for position target 1297-1295.

06:24 > Market is weaker than yesterday opening so stop 1310.75, selling bias.

Today, buying is against short trend.

07:44 > Target 1292 valid either tody or before 8:00am Monday.

07:58 > stop 1300, buy side scalping; and 1307-08 still resistance for selling bias.

 

[Result: Globex high 1312.75, Day high 1309.25, day low 1293.50, close 1294.75]

 

Trades for 05/11/2006 Thursday (Retail Sales report worse than exp)

Globex > Stop 1331 for short side, target 1325; 1325 breakout for target 1321; Stop 1325 for buy side. 1325 breakout for target 1321;

06:30 > Stop 1325, buy side. (1/2 profit taken, 1/2 stopped out at 1325 and reversed to short side.)

06:48 > Stop 1326, shorting bias, target 1321; 1320 breakout for target 1317-16,

Midday > Trailing 1320-22, for target 1311, (short 2 pts bounce from 17 again)

11:26 > Stop/trailing 1317.50-18, short side for target 1307 before 12:30.

11:30 > Stop trailing 1314 for target 1307 before 12:30;

12:35 > then scalping buy side with 1307 stop risking 0.50 point.

Final hour > Globex Stop/trailing 1315.75, for position target 1297-1295 tomorrow or Monday.

[Result: Globex high 1330.50, Day high 1327.75, day low 1307.25, close 1311.25]

 

Trades for 05/10/2006 Wednesday (FOMC 0.25 hike)

06:30 > Stop 1328.75, short, target 1325; breakout for 1321 target

11:10 > Stop 1328.75, short, target 1322

11:26 > Stop 1328.75, short again. (Agg stop 1325.50 stopped out)

12:00 > Stop 1328.75- 29, short again after 12:15. (BA, short above 1327 and add above 1328) target 25, 22

Final hour > Timing wise, yesterday was a topping and today is a bearish hanging man.

[Result: Day high 1330, day low 1320.75, close 1327.75]

 

Trades for 05/09/2006 Tuesday

06:30 > Stop 1330.50, short, target 1326. (1/2 profit, 1/2 stopped out); Stop 1325, buy.

09:15 > Stop 1330.50 again, short again, target 1326 before 11:30.

11:30 > Stop 1325, buy, target 1329-1330; expected closing range 1328-1330.

[Result: Day high 1331, day low 1326.25 (GLX 1325.75), close 1329.25]

Trades for 05/08/2006 Monday

06:30 > Stop 1332.50, short, target 1326

12:00 > Stop 1331, short again after 12:00, 1326

[Result: Day high 1331, low 1326.75, close 1327.25]

 

Trades for 05/05/2006 Friday (Job report worse than expected)

05:30 > After job report, stop 1325, short scalping, target 1322, 1318

6:30 > Stop 1326.50, short, target 1322; then stop 1326 again, short bounce.

8:00 > Side line and do not overtrade. SA no more trade.

08:46 > Stop 1324, buy side, Resistnace 1328;

1328 stop for scalping. (short side stopped out 0.75 pt)

09:18 > Strong support 1324 for buy side.

11:30 > Stop 1328, buy side, target 1331-32; it will close at day high.

[Result: Globex high 1324, Day high 1331.25, day low 1321.75, close 133x]

 

Trades for 05/04/2006 Thursday

06:30 > Stop 1311, buy side, target 1318; stop 1319.75 for short side. (short side stopped out 1 pt)

07:15 > Stop 1320, short again, target 1315-14; stop 1311 for buy side.

[Result: Globex low 11.25, Day high 1320, low 1313.25, close 1317.25]

 

Trades for 05/03/2006 Wednesday

Globex > Stop 19.50, short, target 1315-14.50; then stop 1314.25, reverse to buy. (Buy side, 1/2 profit at 16.50, 1/2 stop-out at 15)

06:30 > Buy side (1/2) stopped out at 15.

07:00 > Stop 1315.50, short, target 1309

08:00 > Stop 1309, buy scalping, target 1313.

08:25 > Stop 1313.50, short, target 1308-07.

10:00 > Stop 1313 again, short, target 1308-07.

[Result: Globex high 1318.75, Globex low 1314.50, Day high 1317, low 1308, close 1312.25]

 

Trades for 05/02/2006 Tuesday

Globex > Stop 1312.50, short, (stopped out 1 pt)

06:30 > Support 1308, agg stop 1311, buying bias, target 1318-20.

Midday > Stop/support 1314.50, buy side, target 1318-20. Expected closing range 16-19. (Agg stop 1315.25 stopped out)

[Result: Globex low 1308.25, Day high 1319, low 1311.50, close 1318.50]

 

Trades for 05/01/2006 Monday

06:30 > Stop 1322.75, shorting bias, target 1306, 04. Then stop 1304, buy side. (buy side stop out.)

11:15 > Try to short above 1320 with 1321.50 stop (MA).

12:30 > Stop 1313, short bounce 1312 again...

[Result: Day high 1322.50, low 1307, close 1308.50]

 

Trades for 04/28/2006 Friday

06:30 > Stop 17.50, short, target 1312-11 (stopped out)

07:17 > Stop 23, short, target 1316-15 (sure trade)

07:20 > Add short (MA), and hold short for target 16-15 before 10:00.

10:00 > Stop 1320-19.50, short again, target 1314.

11:00 > Just hold short for target 1314 before 12:00.

[Result: Day high 1322, low 1310.75, close 1319]

 

Trades for 04/27/2006 Thursday

06:30 > Stop 1299, buying bias, target 1307-08;

10:00 > Stop 1320.75, short, target 1314; then

11:00 > Stop 1313, buy, target 1319-21.

Final Hour > for buyers profit taking.

[Result: Day high 1321, low 1301.25, close 1315.25]

 

 

 

 

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