December 20, 2012

Republican Wisdom and Courage

A truly remarkable New York Times Op-Ed by, get this, a former Bush White House staff member:
[...] 
The Republican Party — once a proud bastion of civic and business leaders who battled Southern racism, Northern corruption and the evils of big government — has for the past several decades been itself the victim of political protection rackets. These rackets are orchestrated by fringe groups with extremist views on social issues, which Republican politicians are forced to support even if they are unpopular with intelligent, economically successful and especially female voters. Their influence was already clear by the time I joined the Bush White House staff in 2005, and it has only increased in the years since. 
[...] 
Republican politicians must free themselves from the N.R.A. protection racket and others like it. For starters, the party establishment should refuse to endorse anyone who runs in a primary with N.R.A. money against a sitting Republican. If the establishment refuses to support Republicans using other Republicans for target practice, the N.R.A. will take its shooting game somewhere else. 
Reasonable gun control legislation will then be able to pass Congress and the state legislatures. Next, Republicans should embrace legislation like the proposed American Anti-Corruption Act, which would rid both parties of their dependence on big money from groups like the N.R.A. The Republican Party will once again be proud to be part of the solution rather than part of the problem. And voters will go back to feeling that their children are safe, their democracy works, and they will once again consider voting Republican.

December 17, 2012

12/17/2012 - 12/19/2012 Sessions

No trades.

Standing orders for 12/18/2012 - 12/20/2012 sessions:

Buy YMH13 @13,002 with 12,969 stop and 13,088 take-profit.
(Weekly S1 support @12,996; weekly Pivot Point @13,127)

Sell YMH13 @13,348 with 13,366 stop and 13,312 take-profit.
(Weekly R2 resistance @13,349)

[ For some background and a disclaimer, please read this post and especially this post. For a more general disclaimer, read the section at the bottom of the blog. ]

December 16, 2012

12/04/2012 - 12/14/2012 Sessions

No trades.

Orders for 12/17/2012 session:

Buy YMH13 @13,002 with 12,984 stop and 13,038 take-profit.
(Weekly S1 support @12,996 and daily S2 support @12,998; daily S1 support @13,043)

Buy YMH13 @12,902 with 12,869 stop and 12,988 take-profit.
(Daily S3 support @12,898 and weekly S2 support @12,905; weekly S1 support @12,996 and daily S2 support @12,998)

[ For some background and a disclaimer, please read this post and especially this post. For a more general disclaimer, read the section at the bottom of the blog. ]

December 9, 2012

12/03/2012 Session

One trade:

Bought YMZ12 @13,002, stopped out @12,982; P&L: - 20 points.

[ For some background and a disclaimer, please read this post and especially this post. For a more general disclaimer, read the section at the bottom of the blog. ]

December 3, 2012

11/30/2012 Session

No trades.

Orders for 12/03/2012 session:

Buy YMZ12 @13,002 with 12,984 stop and 13,038 take-profit.
(Daily Pivot Point @13,012)

Sell YMZ12 @13,098 with 13,116 stop and 13,062 take-profit.
(Daily R2 resistance @13,095; daily R1 resistance @13,052)

[ For some background and a disclaimer, please read this post and especially this post. For a more general disclaimer, read the section at the bottom of the blog. ]

11/26/2011 - 11/29/2011 Sessions

No trades.

Standing orders for 11/26/2012 - 11/30/2012 sessions:

Buy YMZ12 @12,702 with 12,673 stop and 12,788 take-profit.
(Weekly S1 support @12,695)

Sell YMZ12 @13,098 with 13,127 stop and 13,012 take-profit.
(Weekly R1 resistance @13,104)

[ For some background and a disclaimer, please read this post and especially this post. For a more general disclaimer, read the section at the bottom of the blog. ]

November 27, 2012

11/23/2012 Session

No trades.

Standing orders for 11/26/2012 & 11/27/2012 sessions:

Buy YMZ12 @12,702 with 12,673 stop and 12,788 take-profit.
(Weekly S1 support @12,695)

Sell YMZ12 @13,098 with 13,127 stop and 13,012 take-profit.
(Weekly R1 resistance @13,104)

[ For some background and a disclaimer, please read this post and especially this post. For a more general disclaimer, read the section at the bottom of the blog. ]

11/21/2012 Session

One trade:

Sold YMZ12 @12,798,stopped out @12,828; P&L: - 30 points.

[ For some background and a disclaimer, please read this post and especially this post. For a more general disclaimer, read the section at the bottom of the blog. ]

November 19, 2012

11/16/2012 Session

No trades.

Standing orders for 11/19/2012 - 11/21/2012 sessions:

Buy YMZ12 @12,402 with 12,373 stop and 12,488 take-profit.
(Weekly S1 support @12,385)

Sell YMZ12 @12,798 with 12,827 stop and 12,712 take-profit.
(Weekly R1 resistance @12,805)

[ For some background and a disclaimer, please read this post and especially this post. For a more general disclaimer, read the section at the bottom of the blog. ]

11/15/2012 Session

One trade:

Bought YMZ12 @12,502, stopped out @12,484; P&L: - 18 points.
(Ad-hoc entry filled on 11/15/2012 @9:59 am ET then bracket order [12,484 - 12,584]; stopped out @12,484 filled @11:46 am ET)

[ For some background and a disclaimer, please read this post and especially this post. For a more general disclaimer, read the section at the bottom of the blog. ]

November 15, 2012

11/14/2012 Session

No trades.

Order for 11/15/2012 session:

Sell YMZ12 @12,898 with 12,916 stop and 12,862 take-profit.
(Weekly Pivot Point @12,895)

[ For some background and a disclaimer, please read this post and especially this post. For a more general disclaimer, read the section at the bottom of the blog. ]

11/13/2012 Session

One trade:

Bought YMZ12 @12,704, sold @12,744; P&L: + 40 points.
(Ad-hoc entry filled on 11/13/2012 shortly after the 9:30 am ET stock market open then bracket order [12,683 - 12,744]; exit @12,744 filled @9:40 am ET)

Order for 11/14/2012 session:

Sell YMZ12 @12,898 with 12,916 stop and 12,862 take-profit.
(Weekly Pivot Point @12,895)

[ For some background and a disclaimer, please read this post and especially this post. For a more general disclaimer, read the section at the bottom of the blog. ]