Tuesday, May 11, 2010

5/11 pre-open

Stock futures came down to the 30-minute M/A in last night's post.  A 30-minute close .5% beyond this M/A will be my trigger to increase my short exposure beyond the current 2.5%.  Currently the M/A is at 1143.16.  The cash equivalent would be 1146, so a breakdown would occur at 1140.

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