No replies to this topic

[dTraderB]

I think it was but still a bit too early to conclude this with 100% confidence. However, we have also rallied above, or presently rallying above and testing the SPX 1050/52 resistance level, next is the important thick resistance band from 1060 to 1067. This will be the real test for the bulls. My FF is market moves above SPX 1067 and rallies to 1085... from there, who knows? As I said I would do in my post yesterday, I closed GS and PCLN shorts and opened PCLN bullish spreads. Still haven't entered bought APPL and GOOG calls.....looking to buy BP and USO calls also. Wheat anyone? GRAINS may be ready to rally again after a pullback. Looking to go long DEC wheat.

Edited by dTraderB, 31 August 2010 - 10:31 AM.