November 22, 2011 12:16:37 PM by
Peter
The Elliott wave count on the Dow Jones can see a abc counter trend bounce off the Medium Level 11,500, these stocks are from the NASDQ and it is normally the Nasdaq that leads in bear markets. I have left wider stops in case of a bounce, but it’s also a good idea to get the trade to break even by seeling a certain percentage, as the Robo is a game of defend and attack at the right times. We will now wait to see if there is a bounce off the 11,500 for the DJI in line with its intraday Elliott Wave Count.
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OPEN POSITIONS
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Profit Targets
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CODE
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DATE
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LONG/SHORT
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ENTRY
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STOP
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EXCHANGE
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Wider Stop
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YHOO
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21-Nov
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SHORT
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15.37
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15.87
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NASDQ
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Wider Stop
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SNDK
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21-Nov
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SHORT
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48.71
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50.13
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NASDQ
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Wider Stop
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RGLD
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21-Nov
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SHORT
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76.39
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78.73
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NASDQ
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Wider Stop
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AFFX
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18-Nov
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SHORT
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4.79
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4.93
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NASDQ
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Wider Stop
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BLDP
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18-Nov
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SHORT
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1.27
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1.33
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NASDQ
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LTXC
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18-Nov
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SHORT
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5.99
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6.07
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NASDQ
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Wider Stop
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MANT
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18-Nov
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SHORT
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32.56
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33.53
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NASDQ
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Wider Stop
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NUAN
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18-Nov
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SHORT
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24.46
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25.13
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NASDQ
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USA CFD Trades and CFD Trading Strategy ROBO