Technical Trades
Technical Analysis applied to Stocks and Futures.

Bull vs Bear Play No. 1; EFA vs PLAY

Further to the last post, here is the innaugural Bull vs Bear Play of the Week; EFA vs PLAY.

Previous charts and commentary for EFA can be found at: http://technicaltrades.net/index.php?s=EFA
Previous charts and commnetary for PLAY can be found at: http://technicaltrades.net/index.php?s=PLAY

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Long EFA a short time ago at 63.85. Short PLAY a short time ago at 9.03. For the purpose of the exercise a cash exposure amount of 5K will be used per position. Allocated risk for this port is 4% or $400. Open target and with discretionary TA-based rules that will be disclosed later.

2 Responses to “Bull vs Bear Play No. 1; EFA vs PLAY”

  1. […] EFA is in the Bull vs Bear Portfolio remember. HERE. Today’s EFA strength still sees the port red by 2% due to the strength in PLAY the last 2 days. […]

    Technical Trades » EFA pops! - July 27th, 2006 at 11:00 am

  2. […] The EFA vs PLAY port stops out at open today at -4.5% as PLAY pops on news and carries the losses to the max pain level. I note PLAY generates a weekly channel short on the daily, but it’s through limiting risk that this Bull vs Bear feature will generate positive expectancy over the long-term. Just have to take the medicine and move to the next play, which I’ll generate at first opportunity. […]

    Technical Trades » Bull vs Bear No. 1 - July 28th, 2006 at 11:10 am