Friday, February 6, 2009

February 6th - Weekend Stock Market Review

Current Portfolio- 104,680$
Open position - QID 1000 at 49.17


SPY - break the 85 level and reach the next resistance level at 87-88. A pullback to test the 85 level and then a rally will be very encouraging.




XLF - What a rally, a great day for the financials , a pullback will be a great buy opportunity.





QQQQ- The same as the other index's a pullback will be a great buy opportunity.




EUR/USD- Look like maybe there will be rally from the EUR , but it is very speculative. A real long trade will be above 1.325