Thursday, October 22, 2009

Had Plans to Sell Index Positions Around S&P 1090

I had plans to sell this morning's purchases from "the gap" at S&P 1075 into a move to S&P 1090. [Gap Fills at S&P 1075 Perfectly]

I did not have plans that this would occur within 4 hours. Let's see how the last 90 minutes shake out but I'd be expecting to take some profits. I'll reacquire index positions on any strong move over S&P 1100. Again, I remain boggled that the most obvious thing works without fail. And the beat goes on....

Stock market slogan of 2009:
Buy the dip or be a dip.

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