Tuesday, March 3, 2009

The opening pop I was expecting happened nicely for a gain up to 15 points from the 700 entry Monday afternoon. The market then retreated to find support twice today signaling that dip buying was again the way to go. Personally the day looked good for upside, just the volume and Put / Call is to complacent to squeeze the shorts very far. So we are again holding from 700 area for an recovery day coming very soon. I scaled in and out all day as profits arise. Talk with you tonight! Thanks for dropping by.

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