Friday, May 28, 2010

ADDING TO YOUR POSITIONS?

If you want to add to some of your positions, here are a few confirmation areas to look for. I prefer that you try to look for this confirmation at or near the close of the market. They are: SPY closing below about 109.40 DIA closing below about 101.80 QQQQ closing below about 45.25. This still wouldn't mean that we couldn't get one more up move next week before going lower, but it would get you in near the start of the next move down.

No comments:

Post a Comment