Our target is that 81 level on the spy.... then I expect a correction.... Though blowing through the 50 isn't unthinkable. I would be concerned if we fail below 76 at this point. It would not suprise me to see a move to 81 then a correction back to 75... but at that correction we are looking to buy it again...
Don't ask me how to play that. Maybe hedge and take some profits at 81.
Wednesday, March 18, 2009
astrology
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