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Re: bigworld post# 565

Thursday, 05/20/2010 3:23:07 PM

Thursday, May 20, 2010 3:23:07 PM

Post# of 19856
Bigworld,
I need some technical advise. I dumped my shorts and VXX at market close yesterday. It seemed as if some stabilization was entering the market late in the day and some resistance was shown in the S&P at 1100. So much for that. Do you see a slight correction tomorrow based on Germany's involvement in supporting the Euro or do you see a continued slide to new support levels? I want to reenter but don't want to lose my recent short profits. Just looking for ideas. Thanks! F4T.

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