Tuesday, February 3, 2009

February 3rd Market Review

Current portfolio - 100,000$
Open position -



QQQQ- encouraging , long will be taken above 29.5


XLF- the financials above 9.4 -9.5 will be interesting for a long trade .



SPY- look bad long above 85 and short under 80.


USO- the oil is still neutral, no sing for a long trade yet, maybe above 30.