10/29/2008 10:00 AM
Our target of 950 was hit in the SP DEC.(SPZ08) future and we are out. A total of 112.50 points on the trade. About 125% gain on margin.
I am holding tight for a bit on this market. I am not sure of the wave count, weather we just finished a 4th wave up and will go into wave 5 down or we finished 5 down and are in an bigger advancing wave.
Momentum seem to lead to a larger advance.
We are long Crude with a sell order at $71.00
Happy Trading!
Richard
view my new homes for sale and other real estate
Do you own research, this is what I am seeing.
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