Wednesday, January 13, 2010

January 13th, 2010

The market gapped up this morning. This is a good opportunity to short from here. It was a setup to open higher.
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8 comments:

  1. gcl106January 13, 2010 at 12:45 PM

    Buy another SPXU at 33.46.

    ReplyDelete
  2. gcl106January 13, 2010 at 12:47 PM

    The SPY closed the morning gap from yesterday.

    ReplyDelete
  3. gcl106January 13, 2010 at 12:57 PM

    The volatility of the market will increase.
    I just opened a new position on VXX at 29.60.

    ReplyDelete
  4. gcl106January 13, 2010 at 1:02 PM

    The SPY will go close below 114.00.

    ReplyDelete
  5. BASJanuary 13, 2010 at 2:03 PM

    33.97 avg here spxu

    dictis

    ReplyDelete
  6. gcl106January 13, 2010 at 2:16 PM

    My average for SPXU is 34.53. I am looking to score big on SPXU. Today is the last day for longs to get out. The market is showing signs of weakness. I don't buy into today rally. It just want to close the morning gap from yesterday. It was meant to be to close the gap.

    ReplyDelete
  7. BASJanuary 13, 2010 at 2:21 PM

    There is a "New Moon" on Friday if that will help.

    ReplyDelete
  8. BASJanuary 13, 2010 at 3:35 PM

    114.86 is R2 which didn't hold to well.

    115.16 is R3.. looks like we'll make it.

    and 115.13 was the top earlier this week..

    ReplyDelete

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