Technical analysis for shorts & longs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs

SPY 695.41

+0.5%

Feb 2 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Johnny Canuck who wrote (46215)	7/15/2010 2:10:14 AM
From: Johnny Canuck	Read Replies (2) of 70386

Market at a critical point. All three indices now over their 50 day SMA. COMPX just crossed today. SP500 and Dow needs one more day to confirm as the follow through today was weak. Note the option expiration is this Friday. The rally could be due to options expiration. It does not pay to take positions in advance of option expiration. Trading could have been distorted by the settling of options last week and this week. Again the Dow stock have lead this rally.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next