Thursday, April 8, 2010

4/8 2:40

The stop is 1191.90.   This is the 15-minute, 54-unit M/A +.56% plus a little bit because it is close to the SPX high of 1191.80.
The strategy is to come into next Tuesday and, if DJI is under 10,800 (triggered the final level support break) then to keep a portion of the short position, as I am looking past to an acceleration phase beginning around 4/22-4/29.  I want to stay with the DJI 5-minute, 380-unit M/A.

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