Tuesday, January 26, 2010

January 26th, 2010

Sorry for the last post.

It seems like 109 is the support level for SPY. 44 is the support level for QQQQ. I believe the market will drift higher slowly in coming days.
Posted by at

5 comments:

  1. BASJanuary 26, 2010 at 11:11 AM

    I agree.. at least through Friday...

    squit

    ReplyDelete
  2. BASJanuary 26, 2010 at 12:50 PM

    are they going to push through yesterday's high?

    that's got to be short term bullish.

    antippep

    ReplyDelete
  3. gcl106January 26, 2010 at 1:31 PM

    Bought GLD at 107.63.

    ReplyDelete
  4. BASJanuary 26, 2010 at 3:36 PM

    damn it they smoked e out

    i had a boat load of spxu @ 37.40

    the pop from the 2nd dip to 109.68 to 109.80 shook me out... if i had held another 5 seconds... ARGH.. same thing happened earlier in my spxu..

    now spy continuing to fall off the face of the planet without me :(

    109.47.. shit

    so far left another .30 in there.. damn sam


    dundieor

    ReplyDelete
  5. BASJanuary 26, 2010 at 3:43 PM

    i was seeing head and shoulders at 1:00-1:30 pm.. and then the right shoulder turned into a double top which set me bearish. they couldn't clear 110.47. damn it.. i wish they didn't smoke me out. i hate when that happens.. figured we finish 109.75 or run back up to 110..so that's why i bailed. wasnt sure there was more left :(


    snessis
    and she continues to fall apart.. feels kind of silly to get back in..
    109.33

    ReplyDelete

Subscribe to: Post Comments (Atom)