Wednesday, July 22, 2009

SPY


Well so much for my thoughts on market weakness at resistance. Volume is very weak today, and that makes me think that we will be in a very tight range the rest of the week. My prediction for the coming week is a small pull back to the 925-930 area before we head higher.

Today I added some more $RUT bull put spreads. I currently still have my small SSO short that I will hold till we have a close above 960.


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