Tuesday, February 10, 2009

tomorrow is a new day

today, SPY touches the fib extension.



Support is not to the penny, also if any more news break out that is unexpected to the big money, big money sells, so goes the market. Let's see.

I have my long limit order to buy SSO $21.21, and stop at 20.65

BTW, it took 2 trading days but the resistance held and SPY bounced down, SDS trade on Feb 7 was a profitable trade.

shorts:
longs: getting ready for SSO

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