Monday, April 5, 2010

4/5 9:45

DJI peak 10,955 will be exceeded and will provide entry point for shorts.    If highs not exceeded will enter shorts at SPX 1177.  Will balance shorts between QID (Nasdaq 100) and DXD (DJI).  The Apple IPAD is causing Nasdaq to rally a bit harder and is a good "magazine cover" event for a peak.
Update 9:48 Bought 2.5% QID 16.57 and 2.5% SDS 30.30.

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