14 January 2008

14-1-2008 : S&P is bearish.

S&P bounce back to above 1400. But i remain bearish on the index. The plan is to short it at appropriate point.

Depending on how the index move on Mon, we look for a few areas to short :
(1) Up to 1420, and fall down again then short at 1415
(2) Below 1400, short @ 1390
(3) Below 1380, short @ 1375

daily
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15min
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