|Date posted||Our likely investing actions||Result|
|May 22, 2005||Looking for an entry on long gold or silver, and adding to open corn position.|
|May 15, 2005||Our best guess is that the market will be up on Monday morning but is now overall biased sideways to significantly down for the rest of the year. We'll be looking to short the S&P 500...as of Thursday the 19th, we're standing aside and waiting for our projected chart peak shown here. Being long has too much surprise potential for our taste now. We expect a break down during the Friday through next Tuesday timeframe. No entry found||0|
|May 10, 2005||Looking for another buy of of the DOW or S&P 500 or NASDAQ - see here.
... at around 1155-61 on the S&P... filled at 1160, hit mental stop at 1155, reversed and went short
at 1154, out at 1149, then back in long at 1151 and out at 1155 on 5/13... wild day.
|May 3, 2005||Possible buy of gold, silver or mining shares later this week... cancelled 4/5, pattern did not follow through.
We're back to a holding pattern and mostly (~70%) in cash.
|April 30, 2005||Fairly low risk short term (3-5 weeks) buy of the DOW or S&P 500 or NASDAQ - see here.
Risk is unwelcome surprise from Fed interest rate meeting upcoming on May 3rd.
Entered trade late on 4/3... exited early morning 4/10
How we trade
|Keeping in mind that any attempt to summarize our trading style and years of experience will always be incomplete, we've had requests to put something more specific here in addition to the data in the general hat. Many books have been written in this area and the best overall recommendation we've heard is not to blindly follow some advisor or friend or hot tip, but to make up your own mind on what and when to buy. It's the only effective way to become successful in our opinion.|