I am long sso xlf fas.
I MAY CLOSE THESE POSITIONS TOMORROW, take profits, and REVERSE SHORT. it all depends on the price action and charts...
I mentioned today that SPX 1115 might be a good place to short. If we get there tomorrow, I might sell the longs and reverse by entering short.
It all depends on price action and how the charts look. Yes, there are possible higher targets over 1115 in the SPX (to 1130, even 1153 though I don't expect 1153).
So the charts will tell the story.
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
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