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Archive for: February 2009

February 26, 2009

SPX 741 – Bulls Last Stand

Filed under: Online Stock Trading - 26 Feb 2009

I really thought we had  shot at taking out 780 today, and unfortunately had a long bias most of the day.  Once the SPX broke trendline support, it was GAME OVER for the bulls.  And yet again, we trade back …

February 25, 2009

Back To 750 – 022509

Filed under: Online Stock Trading - 25 Feb 2009

I sold the overnight TZA over 75 for 5 points, and nibbled TNA under 17 with the SPX down here in the low 750′s.  We’re forming an inverse head and shoulders, which would take the SPX back up to 800 …

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