Smart Trades Update 10.7.11 S&P, SPY, QQQ, Nasdaq, Bonds, TLT

More frequent reports at http://www.smarttrades.com For educational purposes only. No claims of profitability for any systems or methods posted.

Entire publication © Smart Trades Inc. 2011 All rights reserved.

All Charts & Quote Pages in this publication made with Omega Trade Station (r) 8


This post is for educational purposes only.

TRADE AT YOUR OWN RISK!




NOTICE: Traders can and do lose money. No claims are made that the information provided here will insure gains or prevent loses. TRADE AT YOUR OWN RISK.

All support, education and training services and materials in this post are for informational and educational purposes only. No type of trading or investment recommendation, advice or strategy is being made, given or in any manner provided by Smart Trades Inc. or its affiliates.


NOTICE: Neither the information, the systems, nor any opinion expressed herein constitutes a representation by Smart Trades Inc., or a solicitation for the purchase or sale of any commodity futures, other securities, or options of any kind. Those using the information and systems herein for trading purposes are responsible for their own actions and no claim is made that the recommendations or systems will be profitable or that they will not result in losses. Smart Trades owners, employees, or members of their families may have a position in the markets contrary to the information or systems contained herein. TRADE AT YOUR OWN RISK.




PLEASE NOTE THAT THERE IS AN INHERENT RISK OF LOSS ASSOCIATED WITH TRADING FUTURES AND OPTIONS CONTRACTS, EVEN WHEN USED FOR HEDGING PURPOSES. PLEASE CAREFULLY CONSIDER YOUR FINANCIAL CONDITION BEFORE INVESTING IN FUTURES AND OPTIONS CONTRACTS. FUTURES TRADING IS NOT SUITABLE FOR ALL INVESTORS. NO CLAIMS ARE MADE THAT THE INFORMATION PROVIDED HERE WILL INSURE GAINS OR PREVENT LOSES. TRADE AT YOUR OWN RISK.

PAST PERFORMANCE IS NOT NECESSARY INDICATIVE OF FUTURE RESULTS.

Smart Trades Update 10.7.11 S&P, SPY, QQQ, Nasdaq, Bonds, TLT

Category:

Education

Tags:

• Crude
• Oil
• Manipulation
• Dow
• Jones
• INDU
• DJI
• Day
• trade
• Stock
• Market
• Technical
• Analysis
• Elliott
• Wave
• Principle
• Gold
• S&P
• e-mini
• trading
• stock
• trader
• ES
• NQ
• NASDAQ
• Futures
• Traders
• Bonds
• Heating
• Dollar
• AA
• Alcoa
• Exxon
• XOM
• Home
• Depot
• HD
• Caterpillar
• CAT
• Microsoft
• MSFT
• SPY
• QQQQ
• Robert
• Prechter
• Trading
• Tutorial
• Lesson
• NYSE
• advances
• Breadth
• British
• Pound
• GBP
• lesson
• ORB:
• Opening
• Range
• Breakout
• study
• Crash
• 2012
• economy
• finance
• business
• stocks
• forex
• market
• options
• Bloomberg
• Long
• Term
• Stocks

[T1systems]

@ghoshdd One of my competitors charges $39 for a "two week trial". My service updates daily and intraday, his only three times per week. I deal with inquiries 24-7, getting emails on Saturday night, and eventually my free video counts end up on competitors sites / channels with zero acknowledgement nor compensation. I'm not complaining, but asking for some small compensation for sharing 40 years of work and experience is not unreasonable IMHO.

[T1systems]

@ghoshdd I make no claims of profitability, but as an example, if you had bought one ES contract at the worst price possible after the 10.4.11 video any time on 10.4.11, you would have been up 100 ES points ($5000) near the close on Friday 10.14.11. Your worst possible draw-down would have been less than 14 points. That one trade would have more than paid for my service for 10 years..... and it was off the *free* video.

[T1systems]

@ghoshdd Thanks for the suggestion. I've considered doing that, and at some point I probably will. The problem is the process of adding, removing, and tracking new (free) subscribers is time consuming. Moreover, I've provided 136 free samples in the form of videos as it is. I make no claims of profitability,....

[ghoshdd]

@T1systems

Thanks Bill.. It is completely my opinion.. Why you don't provide 1 or 2 weeks free promotional offer of your service so that we can decide more practically about joining in your paid service..Again it is purley my opinion..Thanks

[T1systems]

@T1systems "Today 1190 was the call (actual low 1190.58 so far)...." fwiw, that may still be just "a" or even the beginning of a larger decline. I haven't decided yet. NDX very close yesterday to "A=C" off the August low. Again, the details are available through my service at Smart Trades Dot Com.

[T1systems]

@MisterE103 My service does live updates. For example on 10.7.11 I called for the decline to find support at INX 1150 (actual low 1150.26). Today 1190 was the call (actual low 1190.58 so far). It's impossible to produce and upload videos in a timely fashion intra-day. I would love to give everyone on YouTube personal free advice, but alas I must work for a living. Moreover, the more detailed free info I share, it seems the more hate-mail I receive.....so why do it?

[MisterE103]

Bill I guess there's no pullback coming, the WS casino ran the S&P up 30 points on disappoiting kicking the can down the road comments from Merkel / Sarkozy and an EU insolvent bank having to be disected to remove it's cancerous parts. Todays move was yet again the hand behind the curtain forcing a brief, sharp rally (Short covering) combined with the GS / MS bots walking it up. Do you see a pause / pullback or just further 15 -30 point updays on further short covering rallies?

[zeuthuk]

@T1systems I know a few traders who do the same, leave the institutions to their games.

[T1systems]

@pipercolt1963 I'm not clear what you mean please? FWIW, although I favor some corrective-small pullbacks along the way, I favor 1230-1280 and then a "pullback".... Even then, as always, I'll let the market confirm the pattern (and my humble analysis) rather than assuming I'm right before we even get there. #1 dumb thing I see: analysts imposing their ideas on markets rather than letting the market's patterns tell the story.

[T1systems]

@zeuthuk I never trade into reports, but sometimes 5-10-15 minutes after the report, after the shakeout, it's trade-able.