02/26/2015 – UAL Continental holdings
Issued: 02/25/2015
UAL Continental holdings Inc.
1. In Tues. (Feb.24) Williams edge stock meeting it was noted that UAL Continental holdings was expected to decline and test/attempt $66.50 (or lower) into the week of March 2 (+1 week).
2. Yesterday (Tues., Feb. 24) is the next important daily top in UAL Continental holdings. Therefore, UAL is now in a ‘Sell’ position for further decline and test/attempt at $66.50 (or lower) as noted above. Today’s (Wed., Feb.25) session closed at $68.67.
3. From this point forward, there should be no daily close above $71.50, or worst case, $72.60 prior to completion of the $66.50 downside target (or lower). Therefore, a protective stop should be placed above either level. Will update as the market continues to confirm.
David Williams
Issued: 02/26/2015
UAL Continental holdings Inc.
1. In Tues. (Feb.24) Williams edge stock meeting (and subsequent reports) it was noted that UAL Continental holdings was expected to decline and test/attempt $66.50 (or lower) into the week of March 2 (+1 week).
2. Today’s (Thurs., Feb. 26) UAL session declined further and completed the forecast $66.50 downside target, completing the trade. Will message any further entry or indication in UAL Continental holdings.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.