Thursday, December 31, 2009

December 31st, 2009

Today is the last trading day of 2009.

The market gapped up and very quickly closed the morning gap.

For the bears, we need SPY to close below 112 and QQQQ below 46 level.
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7 comments:

  1. gcl106December 31, 2009 at 2:41 PM

    Happy New Year, everyone!

    ReplyDelete
  2. BASDecember 31, 2009 at 3:05 PM

    You too!

    Let's refresh our minds this weekend and have a prosperous 2010!


    tatic

    ReplyDelete
  3. gcl106December 31, 2009 at 3:15 PM

    The last 3 trading days the market spend most of the time in the negative territory.

    ReplyDelete
  4. BASDecember 31, 2009 at 3:40 PM

    SPY bounced off Support 2 just now 111.9667

    wogir

    ReplyDelete
  5. BASDecember 31, 2009 at 3:47 PM

    back to even at 36.07

    i think i'm going to bail on SPXU

    don't want to hold over weekend if I don't have to. get back in monday

    support 3 violated spy @ 111.7634


    butcinka

    ReplyDelete
  6. BASDecember 31, 2009 at 4:01 PM

    out at $36.20 on SPXU. should have doubled down earlier today ;)

    i don't care if we gap down more on monday.. will reenter. just need peace of mind for the weekend.

    I had a good december except for the 12/21 week.

    now i'm down only $250 from my goofing around on 12/21.

    see ya monday!

    langribe

    ReplyDelete
  7. gcl106December 31, 2009 at 4:02 PM

    SPY closed below 112.00 and QQQQ closed below 46. More downside next week.

    See you all next week or next year.

    ReplyDelete

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