With futures up more than 100, I think it’s safe to declare victory for The PPT lauded oversold signal, which was flagged the day before last. It’s not uncommon for the algorithms to nail the inflection point on the exact day, or even hour. As a matter of fact, feel free to ask some of our members and they will tell you it’s rather common place.
Looking over the recent data, my near term target for an oversold bounce is SPY to $204-206. If you went long index calls or TNA due to the signal, you want to book gains today or tomorrow, considering the volatility in the markets. Over the past 12 months, The PPT oversold signal is 10 up and 1 down after 1 day, which speaks to the immediacy of the timing. Over the past 3 months, the signal is flawless, 3-0, lasting through 10 days.
Since the average return is 2-4% post signal, one would need to adhere to the rule of numbers, respect the SHOMP and book profits here, and then wait for another OS to pop up again. We usually get one per month.
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You can find out 2 positions The VKING is LONG in his own portfolio right now!!! Limited time offer.. 75% to 200% upside .. How? Check out Ragin Cagin’s last post and search for The VKING’s “hidden reply” message. * this message is not an indorcment or solicitation to buy or sell securities.. If you feel the need to make any sudden moves into the market please consult the PPT. Also do try to operate heavy free weights while reading the VKING’s writing…if you experience dizziness or violent mood swings these are signs that you’re growing a sack and should continue
What a dumbass. Who isn’t long??
indorcment????????????WTF?? A-GAME please
i used the PPT signal to move my 401k out of cash and into the index. major fucking win. thank you. i’ll be doing it all year. 7-10 day holds, taking my gain, and moving back into the shadows of cash…waiting to strike again like a villain in a dark alley.
even with TMF down, i still make $