Monday, June 29, 2009

6-29 EOD

SPX comeplete wrong! i was betting on the down side. actual range 916-927.

FAZ is now .10 over the 200MA, but right on 20MA, see how it reacts to that. It's going up while the volume is going down.

Expecting a pull back tomorrow, might get out FAZ if the pull back is weak. probably in the 4.7-4.8 area.

ERX was up today, but it got drag back right under 200MA. Again, expecting it to go down from here if the market is willing, otherwise, I'm out on the next pull back.

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