I just sold my two long units at 818.25 on the rally to the last low of 817. I am still very bullish on this market but I think this advance will be a more gradual one that the previous 2-day-wonder rallies we have seen. I expect to get long again on a break of 20 points or so.
2 comments:
good job.
I am still not convinced that we will not see lower lows over the next few days. We might not see a fast plunge or crash, but I think there's still a good chance that we meander down to to the mid-700's or lower.
I now believe Catherine could be right about her 400-600 targets on the SPX if we close below the 2002 lows!
Its the beginning of the END
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