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gap (big) comin...here's why


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#1 tommyt

tommyt

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Posted 13 February 2009 - 02:51 PM

here is the current landscape, most everyone knows the routine at this point, 810 & 870. You can feel its close to resolving, on news I'm sure. But, I think cause everyone has been watching/trading this range...its too easy to say this spot or that spot next...Its gonna gap above/below 870/810 is my guess. I know thats big, but its probably how it resolves it. I am bearish overall, but ST I am currently long a 1/2 SPY (82 stop)position from yesterday and waiting. Good long weekend all...guys remember to???:

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