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ULTRATIMER
Wednesday, May 6, 2009
SPX Strong and should move higher.
The SPX is strong and is having trouble correcting much at all. Still waiting to buy a dip and will go 100% long with non-mechanical capital at the next close near ST-S1, which today is anything under 890 at my fund cutoff time.
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Good rally without an opening gap.
I'll give this position some room.
Almost down to the 875 retest.
Channel Failure
Gap open down Today.
SPX Correcting.
SPX Strong and should move higher.
Retesting.
Breakout.
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The SPX is strong and is having trouble correcting much at all. Still waiting to buy a dip and will go 100% long with non-mechanical capital at the next close near ST-S1, which today is anything under 890 at my fund cutoff time.
