Friday, May 6, 2011

5/5 9:40

The cash market opened, giving the mob a chance to celebrate the jobs report.  My stop continues to be a 30-minute close SP futures .5% beyond it's 30-minute M/A, currently 1347.50 or higher.  I would then dump QID and TWM.
5% SDS, 2% QID, 2% TWM, 1% UCPIX, 1% SOPIX.
The dollar is stuck at it's key M/A.  A rally .55% beyond it would indicate a "risk-off" trend change.

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