4 replies to this topic

[Rogerdodger]

I sold this morning's strength as the S&P was poking above the upper BB again.
Anticipation of tomorrow morning's report may see some position flattening by the end of day.
A weak close today will bring out the bears. I would love to see another weak open tomorrow.
We may not get either.
New fund money coming in may offer some support for the next few days.
Tomorrow: Employment, Income, consumer sentiment, ISM report.

[hiker]

50.70's entry in SDS looked good today, so i took it. needs to get past 51.22 now.

[relax]

employment report isn't that just equal to a silly gap which gets closed

I sold this morning's strength as the S&P was poking above the upper BB again.
Anticipation of tomorrow morning's report may see some position flattening by the end of day.
A weak close today will bring out the bears. I would love to see another weak open tomorrow.
We may not get either.
New fund money coming in may offer some support for the next few days.
Tomorrow: Employment, Income, consumer sentiment, ISM report.

[eminimee]

OEX...could finish with another high in an ED.

fwiw.

[hiker]

ok, moved stop up on SDS to below 50.85....will hold a bit longer now...51.22 has been taken out by this upside move 51.50's next R zone

Edited by hiker, 31 May 2007 - 12:27 PM.