December 17, 2008
by Ryan Barr
My personal positions on SSO(53.15 +1.49) and QLD(100.36 +2.66) will be closed out as soon as the SPX(1344.90 +19.36) 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(22.06 -0.68), SDS(16.76 -0.49), and SRS(30.58 -0.96) positions. I’ve opened an SSO(53.15 +1.49) 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 [...]
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