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Wednesday, April 16, 2008

Time 10:14

Stocks: QLD, SSO, DDM

MAJOR CORRECTION! This may not be the signal we want. All three stocks are under the 9 day ma. the real layup trade I'm looking for is a move like this today that takes the stocks above all MAs. I still think the market will hold these gains but we may not get the follow on trust up I'm looking for immediately. Stay tune will advise...

Let's track this signal and see if we can get a 5% move eventhought we are below the 9 day MA.
B QLD @ 72.87 (10:00) Target 76.51 (5%)
B SSO @ 68.68 " " 72.11 "
S DDM @ 74 " " 77.70 "

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