SPDR S&P 500 (SPY): Resistance is there to over come; we are...

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Re: royg1927 post# 5193

Monday, 02/05/2007 5:00:36 PM

Monday, February 05, 2007 5:00:36 PM

Resistance is there to over come; we are forming a cup handle on 60 min chart. I will be net short below 43.90 now. Over night I am short from 44.15 for short term, I am hedging few thousand shares only. Still net long.

Farooq
This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.

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