S&P 1109 will now be the floor as a stop loss area, otherwise buy at will. The computers are here ....
p.s. also closed out the residual smallish short TNA (ETF) I had remaining from Friday
Monday, March 1, 2010
All Technical Resistance Cleared; Off to the Races
I am buying a good bit of index calls (March SPY 112s) since all resistance levels have now been cleared, simple moving average or otherwise. A glorious "Pied Piper" morning where SPY futures buying has led the algorithms to jump in - textbook in nature.
S&P 1109 will now be the floor as a stop loss area, otherwise buy at will. The computers are here ....
S&P 1109 will now be the floor as a stop loss area, otherwise buy at will. The computers are here ....
