Friday, October 17, 2008

Out

I sold my long position at 951 but will look to get long again later today.

5 comments:

Anonymous said...

ES needs to break and hold 960 for any further significant upside.

Anonymous said...

VIX falling, crude rallying, AUD firm. All bullish for stocks in the short term. Still looking for an afternoon high 980-1000.

940 needs to hold on any pullback.

EDS

Anonymous said...

They're in the 980-1000 gap now. Should fill it, though not necessarily today. Lotta gamma hedging squeezing the shorts on expiry. Buffett editorializing that mkt is a buy. TED Spread narrowing about 1% today. $$ flowing out of bonds, into stocks.

Anonymous said...

We MAY test the 987.75 high but I think basically the high is in for the day. I think we trade in a range for the remainder of the day.

EDS

Anonymous said...

gold is also falling low