Wednesday, July 29, 2009

Thursday's Call.

The call is to be short for tomorrow unless the dji closes above 9037.6 or the spx closes below 966.4.

Edit: I will go short unless the rut closes below 547.4.

I am positioned short for tomorrow. This market still has people looking for pullbacks on which to enter. But I think we should get some more downside before too many buy again.

Will trade at 1.75x the spx.
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2 comments:

  1. mdszjWed Jul 29, 03:12:00 PM

    So if either DJI > 9037.6 OR if SPX < 966.4, then go long?

    ReplyDelete
  2. ForecasterWed Jul 29, 03:34:00 PM

    That would have been the case. But I have changed the call to come from the rut, It will be simpler.

    ReplyDelete

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