Thursday, June 20, 2013

SPY system comments and general market discussion

Hello Everyone, as you know if today was an absolute bloodbath for the market. Regarding my previous email on the SPY mechanical systems, the SPY Pro and SPY Ver 2 Systems will not be taken along trade today because one of my filters was hit, that causes the system to look for lower prices.

However, the RSI 2 spy system will be taking an initial long trade at the close of the day of 60% of an initial position, it wouldn't take another 40% at better prices future date if that occurs. I will discuss all this in tonight's newsletter.

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