MACD/Trendline Swing Trader

retire45 · Dec 4, 2008

SP ran into VERY long trendline from 9/19 high at close today... Personally I think these past 2 days are to protect from Friday report..

retire45 · Dec 4, 2008

Long SKF 134

retire45 · Dec 4, 2008

Stopped out SKF -3
Long UYG 5.65

inks2002 · Dec 4, 2008

you think we'll be testing the 810 level before mid month again?

retire45 · Dec 4, 2008

Scratch UYG.. was looking for 5.82

retire45 · Dec 4, 2008

Quote from inks2002:

you think we'll be testing the 810 level before mid month again?

You mean 817 I think... I have no clue... we seem to be in Levitation mode... always seems to be more where that came from.. A "logical" play would be we go back there mid month, then Rally into end of month.. but markets are rarely logical...

Long TWM 107, SKF 129

retire45 · Dec 4, 2008

MACD and Stochastic do favor continued strength though... So any weakness probably won't last. Somebody please break 5.63 on UYG for me...

retire45 · Dec 4, 2008

Thanks!

retire45 · Dec 4, 2008

838 to 850 was hard fought so that is first battle before even thinking of 817.. TWM I need my 112!.. too much to ask?

retire45 · Dec 4, 2008

Out TWM 11.6
Out SKF 132

MACD/Trendline Swing Trader

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