Monday, February 13, 2012

Hold expected.

Last minute strength could generate a sell or short signal, but a hold is expected.

If SPY closes 135.63 or higher, sell longs and go 50% short.
If SPY closes 135.50-135.62, sell longs and head to sidelines.
If SPY closes below 135.50, hold long position.

1 comment:

  1. Gave back most of the gains yesterday. still a solid buy? Thinking about adding some today. thoughts?