SC, any thoughts on financial holding up so well in light of new banking regulations, under water mortgages, commercial loans. etc. Does not make sense to me.
When the market started to turn on Feb 11-12, I mentioned that technology and foreign stocks were leading the turn in momentum. Money is flowing out of those two sectors now. Odds are for the rally taking a breather in the coming days. Just bear in mind that it isnt the start of yet another P-3. No P-3 likely until summer.
SC, any thoughts on financial holding up so well in light of new banking regulations, under water mortgages, commercial loans. etc. Does not make sense to me.
When the market started to turn on Feb 11-12, I mentioned that technology and foreign stocks were leading the turn in momentum. Money is flowing out of those two sectors now. Odds are for the rally taking a breather in the coming days. Just bear in mind that it isnt the start of yet another P-3. No P-3 likely until summer.
I really thought you sold at the high. When it ran up to 44.55 I was sure you sold out. My Tza was up a whole $133.00 on the day.
Out of TNA Net gain on the day of exactly $0.00
For those who browse the blog world for guidance, this site may be of interest to you.
http://garyscommonsense.blogspot.com/
IF you are looking and waiting for P-3,
http://garyscommonsense.blogspot.com/2010/02/th…
Added TNA $44.05
Added TNA $44.05
SPY 120 min chart
http://www.flickr.com/photos/47091634@N04/43795…
spy backing into its 20 on the 60 min, we're in period 31 of this cycle
In TNA $44.29, starter
Carl is now long one unit (/ES) at 1104.50