Tuesday, September 28, 2010

9/28 9:45

Market provided a setup last night.  The 30-minute close at 3:30am ET at 1132.75 was more than .5% below the 30-minute, 91-unit M/A which was 1140.72 at that time.  That was a sell signal for me allowing me to increase my short position.  The market then turned around and rallied to the 30-minute M/A, which I shorted at 1141.50.
I'll be covering the short SP at 1127.75

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