Sunday, August 15, 2010

8/15 Sunday 10:30am

So, where is the stop to get me out if all goes up?  As I posted Thursday and Friday the SP futures 30-minute M/A has come down to meet and finish the rectangle.  This M/A operates with a .5% envelope so my get-out-of-Dodge price is, and has been, this envelope.  This has kept me in my short futures position as I have awaited for near the close of the I1 turn date, Friday. 
 

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