Tuesday, February 10, 2009

February 10th - Stock Market Review

Current Portfolio - 108,978$
Open Position -



QQQQ - The QQQQ break the 30.8 support level ,the very short term is still high but there isn't any sign yet for a long trade.

SPY - Is at the low trand line, no sign for long yet, maybe we get it tomorrow.
XLF - The financials drop under the support level 9.5-9.25 , and is at the lower trade line, no sign for long trade.

USO - In the oil there is no sign for a long trade still down.


February 10th - Update QQQQ, SPY

The QQQQ and the SPY is at support level but it is not a reason to buy.


February 10th - Update SOLD QID

Sold QID 2600 at 50.55 with a profit of 3510$

February 10th - Update BUY QID

Bought some more QID 400 average 49.20

February 10th - Update SOLD SDS

Sold SDS 400 at 74.4 in premarket with a profit of 788$

February 10th - Stock Market Review

Current Portfolio - 104,680$
Open Position - QID 2200 at 49.21
SDS 400 at 72.43


QQQQ- The QQQQ are at the potential resistance level 31.6 , a pull back to 30.8 and making a higher low will be very positive.





Spy - Is also at potential resistace level 87.9 , a pull back and a higher low will be very positive.

GLD - The gold didn't break the 92 level .Breaking this level will change the trend .

SMH-Is also at potential resistance level 19.2 a pull back to 18-18.25 is posible.

USO- The oil is making a base but no sign for a bottom yet.

XLF- A pull back to 9.25-9.5 will be a buying opportunity.