Thursday, February 12, 2009

February 12th - Stock Market Review

Current Portfolio- 108,978$
Open Position - QLD 2800 27.71


GLD- Break the 92.5 level and now is at the trend line, breaking this trend line and we can see 100.

USO- In the oil no sign for a change still in a down trend.

QQQQ- Is at the low trend line, short under 29.65 and clear lond trade is above 30.5-30.6 .

XLF - Breaking 8.8 can get ugly , long position above 9.35-9.4

SPY- Is at the low trend line under 82 it can get ugly.