Replies to post #34143 on ETF SWING & DAY TRADING

[Nocona]

CCI 12 Hourly closed at -73
Qs closed at 40.65
System short and up .20 (.40) w/margin
A very dull day turned out fairly good and Chico did it without watching the screen all day.

Nocona

[Little Chico]

I might have gone long...

...with XLE if my account was not on hold. My Rydex funds are for my IRA and is separate from OptionsXpress, so I would have played the QQQQs short in that one. I still have a taxable trading fund with Rydex which I will put the old OptionsXress money in, at the beginning of next week. Trading 2x a day is probably enough trading for me, and I don't have to worry about violating SEC rules. Anyway, it looks like a downturn here...but we knew that from what the charts were telling us.

Have a great fall weekend!

Chico