CANGX can’t. CANE&M can.

091005cangx

Mark this chart well.  It is the zero kilometer (as they say Tour de France) in our race with CANGX, using our horse, CANE&M (our account where we put our token trades competing with Attila the Hun’s newspaper).

Today we bought the QLD and the FAS.  Easy trades.  No brainers.  The risk is absolutely clear.

091005qldUnder Friday’s low.  Break it and we’ll be gone faster than a scalded skunk.

The real stop should be under September’s low Basing Point, but we’re trying to trade our way into a long term trend trade.

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