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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: Perspective who wrote (10261)4/8/2009 9:39:05 PM
From: skinowski  Read Replies (6) of 41420
 
I'm trying to play this putative one more swing up. Have a moderate position in SPY, with the stop a point or so under the lows of the past few days. It may, of course, go to new wiggle lows and THEN swing up... but if that happens the odds for that putative ED would probably be no good. I figure risk/reward is roughly 1:4 or so.
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