Tuesday, May 31, 2011

5/31 3:40

I was out working on the water tank and getting parts in Magdalena. 
SP futures came down to 30-minute M/A and found support.  Had I been around I would have sold have of the shorts there. 

The market still has to get through tomorrow before forces gang up to push it down.  DJI 12,585 is still my drop dead point.
Oil is responding to middle east politics and less to leveraged dollar trade.
I see oil rising into beginning of September.

1 comment:

  1. Tiny daily gap on the VIX needs to fill, around 15. All gaps must be filled!