Thursday, February 12, 2009

February 13th - Stock Market Review

Current portfolio - 109,428$
Open Position -

QQQQ - The strongest, we will buy again the QLD if the 30.5 will held.

USO - No sign yet for a change still in down trend.

XLF- Long above 9.3 - 9.4 .

SPY - The support at 81 was tested again , long above 84.5 - 85

DIA - The dow jones is the weakest, lond only above 81 .

















February 12th - Update SOLD QLD

Sold the QLD at 27.82 with a profit of 450$

February 12th - Update

Bought some more QLD 200 average 27.67

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.