December 17, 2008
by Ryan Barr
My personal positions on
SSO(36.76 +0.76) and
QLD(57.80 +1.52) will be closed out as soon as the
SPX(1101.01 +10.91) gets close to 950. I’ve been doing a lot of research on the current Elliot Wave targets and those coupled with the analysis from
www.retracementlevels.com really makes me think that closing out around 950 is the [...]
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December 12, 2008
by Ryan Barr
I’ve closed my
FXP(35.81 -0.34),
SDS(32.00 -0.67), and
SRS(21.21 -0.55) positions. I’ve opened an
SSO(36.76 +0.76) call position for January as well.
As expected, it appears that President Bush is going to tap the TARP money to bailout the auto industry. I’ve taken advantage of the low open this morning and scalped a bit of profit. [...]
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