Pascal
04-17-2012, 11:49 AM
As a follow-up to today's comment, I am now shorting SU on a weak bounce to the 200MA.
A close above the 200MA on increasing volume would make me rethink the position.
As of now, the Long GDX position compensates the Short IWM (and SPY)
Algos are net buyers today.
You might also note that SCCO reversed down just at its 50MA and at the top of its trading range.
Pascal
13847
13848
A close above the 200MA on increasing volume would make me rethink the position.
As of now, the Long GDX position compensates the Short IWM (and SPY)
Algos are net buyers today.
You might also note that SCCO reversed down just at its 50MA and at the top of its trading range.
Pascal
13847
13848