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Lusty Market Leaps


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#1 Islander

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Posted 13 April 2010 - 02:31 PM

The arms index would make a riverboat gambler blush, but I think the momentum (look at the count above 200MA) says 1250 or more is probable.

Long the usual ETFs and a few calls with stops of course.

Best, Islander

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[url="http://www.masterdatareports.com/Reports/AllCharts/$SPX_Daily_ARMSChart.bmp"]#2

Edited by Islander, 13 April 2010 - 02:39 PM.


#2 Mtrader

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Posted 13 April 2010 - 02:33 PM

Did I hear the HIGH FIVE for closing high today in the boiler room? And like every day now.
You are on your own. This is for demonstration only.
JV

#3 Islander

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Posted 13 April 2010 - 02:44 PM

We are gambling down here. Islander