3 replies to this topic

[hiker]

bought SPY near 146.16 day low..unleveraged....needs to move above 146.83 or I sell today

closing basis 20day ema is 146.83

have been both short and long SPY today since the premarket

1459 is S3

S4 is 1451 with 200day ema nearby

Edited by hiker, 07 September 2007 - 09:15 AM.

[rkd80]

both er2 and es have held their respective fib retracements surprisingly well, perhaps it will do a bounce into the afternoon, but this day feels like its not going to end well. i think we will close at the lows, but for now, i am ok with playing a long bounce. long @ 1463.25

[hiker]

SMH...one of the recent leaders...is the most weak today Symbol /Pct from Yr High / today's Change - - - - - BBH Down 14.29% Down 0.62 Down 0.36% - - - - - FXI Down 4.49% Down 2.97 Down 1.97% - - - - - OIH Down 4.69% Down 1.83 Down 1.00% - - - - - RTH Down 23.00% Down 1.67 Down 1.68% - - - - - SMH Down 8.55% Down 0.86 Down 2.22% - - - - - TTH Down 5.80% Down 0.31 Down 0.78% - - - - - USO Down 2.65% Down 0.04 Down 0.07% - - - - - XHB Down 41.44% Down 0.36 Down 1.53% - - - - - XLB Down 9.45% Down 0.39 Down 0.99% - - - - - XLE Down 5.09% Down 0.92 Down 1.28% - - - - - XLF Down 13.74% Down 0.44 Down 1.32% - - - - - XLI Down 6.30% Down 0.56 Down 1.42% - - - - - XLK Down 4.03% Down 0.36 Down 1.37% - - - - - XLU Down 9.13% Down 0.10 Down 0.25% - - - - - XLY Down 11.03% Down 0.58 Down 1.58%

[rkd80]

Yeah, stopped out.... sacrifice.