Thursday, June 11, 2009

Jun 11

1:30 P.M Breakout. Volume looks OK by last month's standards. Our first target is the 50W moving average. This is a breakout from a triangle, meaning we are going to retrace the whole move sometime in the next few months. Trailing stop on R.

3.45 P.M Stopped out of R at 31.2. Added SPY sliver short at 96.

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