COTs Timer: Filled! Long NDX

Monday, 9 June 2008

Filled! Long NDX

Just updated my COTs Timer Portfolio page with this morning's trade - I went long some NASDAQ 100 through a 200-percent leveraged ETF - and updated results for each of my current trades based on the Commitments of Traders reports. Good luck this week!

2 comments:

Anonymous said...: Hi Alex,

Thank you for sharing your research.

I assume you are using the QQQQ for this trade?

Also do you ignore such news today that the US Fed likely to raise interest rates this August - affecting the Gold Bullion trade?

Thanks,
Pete; 10 June 2008 at 11:33
Alex Roslin said...: Hi Pete,

No, I'm using QLD. Regarding news, I try to avoid reading the financial press as much as possible, except insofar as it provides some occasional comic relief. News is already generally built into price by the time we read it IMHO.

Regards,
Alex; 10 June 2008 at 11:43

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About This Site

I am an active trader and award-winning investigative journalist based in Lac Brome in Quebec's Eastern Townships, just outside Montreal. I have written about investing and business for The Montreal Gazette, Investor's Digest of Canada, Technical Analysis of Stocks & Commodities, Futures & Options Trader, The Financial Post and others. I am not a certified financial advisor and am still refining my COTs Timer system. Please see more disclaimer information below. See my complete profile at the "Intro to COT" link above.

DISCLAIMER

I created this blog to record my personal, subjective observations about the markets, solely for my entertainment and that of interested readers and to foster research. Nothing on this blog should be construed as financial advice or an offer or recommendation to purchase or sell any security. I encourage anyone interested in the markets to do your own homework and/or consult a professional advisor. I am not a certified financial advisor and am still refining my trading system. I reserve the right to modify or stop publishing aspects of my system at any time or to delay updating my tables for whatever reason, or I may not do so in a timely manner. My system has resulted in very large drawdowns in some trades. Past backtested and real-time results are no guarantee of future performance. I will not be liable for any losses or damages of any kind that result from the content of this site. Although I consider the data, calculations and information on this blog to be reliable, I can't make any guarantees and won't be held liable or responsible for anything erroneous on this website. You are solely responsible for implementing safeguards of your data and system when you use this site and its content and links. It is up to the user of this site and content to protect yourself from worms, trojan horses, viruses and the like. I may hold positions in some of the securities mentioned in this blog.