Friday, December 05, 2008

Out

I just covered my two short units at 821.00 because the market is hesitating too much at this morning's 822 low right after the employment number. The downside is limited early today in any event by Monday's 813 low.

2 comments:

Anonymous said...

carl,

you mentioned that SPX is probably headed to 750 area. if you can please explain why are you looking at 750 and not lower?thanks

Frank

Anonymous said...

Good trading Carl. I covered as well after the futures could not seem to head below 825 and stay there.