Thursday, April 30, 2009

Friday's call.

The system will stay short unless the sp500 closes between 867.70 and 874.08.

Will be at 1.75x.

Since the market moved around my signal point at close I made a judgment call and personally stayed short. Good luck!

I will count tomorrow as a wash, in regards to returns reported, since the signal was not clear.

2 comments:

  1. On daily chart SP500 for Thurs, ...Doji Day,....Big Tail. Not usually a good sign. My bias
    is for a down move, at least tomorrow (Fri).

    Regards, Jim P.

    ReplyDelete
  2. Hoping so. Need to recoup Wednesday's loss.

    ReplyDelete