Went Long This Morning

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May 29, 2009

It looks like there is some breakout potential here on the charts. The market could put a stamp on the end of the week and end of the month as fund managers paint their books. That is really the backend story to the technical thesis.

Bought some TNA as well a few minutes ago. This trade is based on an idea and it agrees with where my indicators have been for quite some time.

What I’m looking for RUT: 503.9; COMPX: 1780. I’m hoping this can happen today, if not I’ll reconsider my position.



  • Michael

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  • Michael

    Dear Sir/Madam,

    After visiting your website http://www.stockrake.com/ , our company, would be interested in an advertisement on your site. We provide consumers stocks and options trading education. Our advertisement format is generally 15 words long and it will contain two to three text links, which we provide. Please let us know how much your site would charge for an ad of this size.
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    advertisement@globalcashadvance.com