Archive for November 2012

One More Look Inside the Trap

The 1419 S&P trap level entrance is in play again today.  We will use this level to add a little to our S&P short positions, looking for sales just inside the door, around 1424.

A Great Thanksgiving Rally

The stock markets today completed the rally to the top of the 1360 to 1390 trading range on the S&P.  We are cutting our short T-Bond position back to the original levels of when the S&P was at the 1350…Continue Reading →

A little Bounce Here

Stocks seem to be in early stages of a bounce into the 1360 – 1390 trading range on the S&P.  The primary driver is the movement in Washington for a less than adequate long-term approach to the fiscal cliff, but…Continue Reading →