Open Position -
I am out from everything, sold the all portfolio with a lost of 1800$ , the market is very weak. The SPY is on the edge, close at 73.93. I won't take any rist and hold a position in the weekend with such a weak market. The market can open on monday with a big gap down. I will wait to see if the NOV 2008 lows hold, but after today it look realy ugly. If we are going to have some serios selling next week , it will be a tremendous buying opportunity . We are so oversold , that the MACD is twice oversold then NOV 2002 lows.
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