Thursday, May 27, 2010

May 27th, 2010

The market is at the heavy resistance level (SPY at 109.50).

I shorted bidu at 70.25.

6 comments:

  1. i close out my qqqq @ 45.19.. that was nice from overnight.

    spelat

    might be too busy at work to play later today. :(



    spelat

    ReplyDelete
  2. The volume is somewhat light on this rally.

    ReplyDelete
  3. if we do breakout 110 today, it's probably off the races.

    sitiver

    ReplyDelete
  4. If SPY breaks 110, I don't believe it will last.
    There is a huge gap from this morning. It will eventually be filled. Also this pseudo rally is up on low volume.

    ReplyDelete
  5. Can't decide whether to hold long or short here. Sticking to intraday trades only here.

    ReplyDelete
  6. The market could make a reversal downside after 3:00 PM today.

    ReplyDelete