Like I said yesterday post, the market could opened higher this morning. SPY almost filled the morning gap from Friday. Now there is a gap from this morning.
BAS, this is a classic move by specialists. I am expecting SPY and QQQQ will close where it's opened today. Then SPY will move down to my target at 106.50 area soon.
I just bought SPXU at 37.50 for short term play.
ReplyDeleteThe SPY is trying to close this morning gap. My next target for SPY is at 106.50 area.
ReplyDeletei'm back in the office.
ReplyDeleteold mgr is back. might not get to play as much. :(
wanted to short the 10 am run up..
will still check in and see if i can still play some. gotta feel the situation out first.
subulati
gcl, i have a small SPXU and SRS position that i entered today as well. good luck
ReplyDeleteDid you hear about a couple came to White House party uninvited? What were the Secret Services thinking about?
ReplyDeleteSPY had the closed the gap from last Friday just now.
ReplyDeletebarchart reporting new highs on spy
ReplyDeletehttp://quote.barchart.com/quote.asp?sym=spy&code=BSTK
TD-Ameritrade still showing 111.74 as the 52 week high.
Don't see any dividend paid yet for SPY.
ummm..
bolain
triple top on SPY??
ReplyDeleteAre we waiting for something to happen in the qqqq's or dow before we get moving down again?
perhaps when all the shorts give up, goldman can pull the rug out and trap everyone.
BAS, this is a classic move by specialists.
ReplyDeleteI am expecting SPY and QQQQ will close where it's opened today. Then SPY will move down to my target at 106.50 area soon.
SPY does not like the area 1098 to 1105, if it goes there it goes out quickly one way or the other. Watch ther chart last 15 days.
ReplyDeleteI am expecting SPY and QQQQ will fill the today morning gap tomorrow.
ReplyDelete