closing this pos at 85.75, done posting trades for awhile,rules in this journal were and still are post live trades
pivot holding as res.. looking for a break to add SPY longer term. trades are small scalps at this point until we see some volume.
My take is that today will be a down day. If not, I'm at least convinced that the low of day is not put in yet. Good 'luck'.
Still, it looks like there's potential to print 1700 and higher if we get a good push above 91 from here. Open gap around 1702-03?
Always a classic and it has been so right on the money for this long: http://www.youtube.com/watch?v=jllJ-HeErjU
I'm just thinking it would be appropriate with a call considering your ridicule of the shorts, usually after the fact, that is. Shall we say long from here? What's your stop?