Tuesday, March 30, 2010

sold both units at 1168.50

5 comments:

dcatlowpj said...

Good close. Right on the money.

TMG2010 said...

Carl, I guess u feel that a pullback to lower trendline is in order based on u selling your long positions...? Thx!

spycharter said...

we're going all the way down to 116.65 on SPY to close the gap

Unknown said...

From Carl's previous example, wouldn't today's action so far fit a shakeout? We dropped a couple of points below yesterday's low after an attempted "break" from the _tight_ trading range we've seen for sometime now.

Since the drop, it's been a steady quick climb up to prior levels. Would be very curious to know Carl's take on this -- as its highly likely what I am thinking is just BS!

Thank you.
-PA

Jack said...

Yep, I mentioned yesterday. Market was/is in consolidation mode. No new highs for now. (This week anyway)

Jack