The markets are weak on the open again today, but fighting for their lives and bit of snapper on the upside since the open. We have expiration today along with a long weekend. We sold some Oil today @ 96.5 knowing we may leg into a position on the crude if we go higher up to 100, over 100 on a close you have to respect new highs and the trade will be over. Have a great long weekend. I will be out of the office travelling again next week so postings may be periodic so have a great time out there and enjoy yourselves.
Prez Weekend is upon us
February 15, 2008 · No Comments
Categories: Charts · Futures · Psychology · Stocks · Technical Analysis · Trading