XJO 0.34% 7,796.0 s&p/asx 200

An update on Fridays call to get into PUTS. XJO is doing exactly...

  1. 1,015 Posts.
    An update on Fridays call to get into PUTS.
    XJO is doing exactly what i said.

    Looks like my call to buy PUTS on Friday last week was spot on. As i said buy in becasue by Monday the XJO will be pulling back. Some posters keep believing this was going up and up and hard to stop a speeding train....and so on...or one said, posters are asking for trouble if they are shorting..etc
    REMEMBER I TRADE IN AND OUT 3 TO 5 DAYS...so what XJO does in a week is NO CONCERN to me...unless there is a new trade.

    I trade the short term swings, this is simply another swing down which was picked spot on.Only a couple of posters agreed and the rest ALL thought we are still going up and up this week.....WRONG. They should go back and look and WHY they are calling the XJO to keep going and could not see a pull back this week........why did i see it.?
    WHY because of SKILL, KNOWLEDGE AND EXPERIENCE as one poster pointed out with the boyfriend driving a fast car and taking a corner etc,...etc...he knew what he was doing and knew he can push the car to take that corner.

    Many posters here need to really do some research and LEARN how to read markets and technical analysis....before making comments which they get wrong most times , yet think they can make money etc....

    My calls on XJOVOR/ XJOVOS/ XJOVOT etc...are all correct and Friday was the day to enter...even yesterday lunch time was the last chance to pick them up for a QUICK TRADE IN AND OUT..over a 3 to 5 day period.Also i pointed out that BHP was a PUT play on Friday and yesterday it did pull back with further falls due today.

    Those who did get in some PUTS, well done,they will make some good profits over the next couple of days, before we have a quick kick back up.

    Well done to those posters who DID see a pull back this week and let me tell you it is ONLY A FEW OF YOU..!

    And this is not a casino, playing red or black pickings...IT IS SKILL AND EXPERIENCE. I picked this trade due to that, not a chance of red or black etc...WAKE UP certain posters and learn to read the market and depth of sellers/buyers and graphs etc...etc...DO YOUR HOMEWORK and it will not be black or red playing etc..

    PLAN YOUR TRADE, THEN TRADE YOUR PLAN.

    Cheers,

    MINOTAUR.
 
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