Tuesday, May 18, 2010

Long one unit at 1138.25

4 comments:

John said...

More bear market action. The real sellers dump the up moves and phoney buyers try to convince suckers to buy market the following day...

Jack said...

Outta my Longs from yesterday. Nice brick.

Jack

Me XMan said...

Interesting...I expect SPX to go lower than 1100 this week yet.

Kishore said...

This is an option expiry week. Put to call ratio on ETFs for major indexes is approximately 2:1. It appears that many bears have already been capitulated or "liquidated" with today's "rally". Will bulls be next?