Posts Tagged ‘pink line’
Went Out Short At The Close
The SPX dropped from the pink line again. I soldmy ARNA, DYAX, and other stuff I tested out like GRS, SLW. I went out heavily short and bought FAZ and SRS.
I’m Short, Not In Real Life
I’m very short right now. Short the SPX, RUT, NDX, long FAZ, SRS, TZA, EEV. I trimmed my junk portfolio securing the 58% portfolio gain a few days ago. If I see a reason I will cut the whole shabang to cash if need be. I’ll tell you this today I was worried this market …
Posted by StockRake on January 29, 2009 in Gold Stocks, Leveraged ETFs, Leveraged Funds, Market Comments, Oil Stocks, Technical Analysis, Trades
SPX Below 850, Another Inflection Point
Broke below the pink line, but will we rally off the break or have continuation? Friday’s are exclamation points on the week and I’m now short the RUT and SPX looking for it to end down. It is going to require a very large day tomorrow range wise to turn most charts based on the …
Posted by StockRake on January 14, 2009 in Technical Analysis
SPX Futures Suggest An Open Around 850 This Is Another Level
SPX futs show 854. 850.75 is the pink line I’ve set on all charts This is the last line in the sand. The fact that the market may open here takes away the move down to this level. Look for a potential rally off this price level. I do not have any index positions with …
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