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Markets… a step a head

Trying to always be one step a head, I believe the market consolidation will end near 1320.  So if the SPY puts were taken on, as I posted before the deline, look to cover them around 132.0 of the SPY. (Or sooner to capture the gain.)

sp500

Of course this assumes this consolidation will be orderly, and as of now, all indicators are pointing to such a consolidation.

This entry was posted on Thursday, March 27th, 2008 at 10:43 am and is filed under markets, trades. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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