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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (87982)6/15/2009 2:44:13 PM
From: fred woodall  Respond to of 94695
 
I think we sell off another 5% this week before any real volume to the upside comes in. SP -25 point drop and we go sideways at 920 all day on poo volume. TA indexes suggest no where land right now with the VIX raising it’s ugly head. I’m holding with a reasonable pillow on all positions except GOOG which is looking like grim death right now. Even though we will probably be green at the open tomorrow I think this falls under the risk/reward ratio as doable.



To: GROUND ZERO™ who wrote (87982)6/15/2009 2:52:48 PM
From: fred woodall  Read Replies (1) | Respond to of 94695
 
I am rather disapointed in SDS ( ETF SP500 bear 2X). 33 down points on the SP and only 4.5 pts. on the move up. I think this ETF is running out of gas.