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S&P 500
5,520.07
(
-0.16%
)
US TECH 100
18,423.20
(
-0.01%
)
Dow Jones
40,974.97
(
0.09%
)
Brent Oil
73.02
(
0.50%
)
Bitcoin
56,733.30
(
-2.12%
)
Post# of 90703
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dynodave

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dynodave

Re: Jiorden post# 51311

Saturday, 07/28/2007 7:54:04 AM

Saturday, July 28, 2007 7:54:04 AM

Post# of 90703
RE: S&P 500. Solid plan Jiorden. The key here is the tight stop loss. Just about any plan is good if you have a tight stop loss and ride the winners. The only thing I would watch far is a rebound off the 1450 support and not a stall and breakdown. Wait for signs of a turnaround. I am betting the upward trend is broken, so the support lines will fall. When the Dow has it's worst week in 5 years, it is hard to hold the uptrend. But who really knows? Thats part of the excitement right? Good Luck.

I am not a registered broker. Charts and commentary provided are for educational / entertainment purposes only. Any trades placed upon reliance of these charts or information is taken at your own risk.

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