Both are still candidates for entry into new bear positions, although both are correcting to the upside within their downtrends. My analysis of SPY is valid below $184.94 and INTC, below $26.98.
I don't calculate results for rolls, only for the final exit, when no further rolls are possible. My entry analyses are, for SPY, "The Market: Has the Apocalypse come yet?" and "INTC moves to a downtrend".
References
My trading rules can be read here. And the classic Turtle Trading rules on which my rules are based can be read here.
Disclaimer
Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.
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