Friday, October 15, 2010

10/15 10:25

Things are looking good.  DX still has not had a breakout, but will with a 90-minute close above 77.68.
I covered my SP futures short when DJI touched it's critical support.  This will not be broken until 10,900 is breached.  I expect support at 11,000 for a bounce.
Silver is falling.  If silver bounces with stocks I'll buy short silver ETFs when silver reach 24.50.

1 comment:

  1. do you plan to re-open your short S&P futures position? If so, at what price?

    Thanks!

    ReplyDelete