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S&P 500
5,995.54
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0.38%
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US TECH 100
20,554.40
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0.06%
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Dow Jones
43,988.99
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0.59%
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Jason Bond

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Jason Bond

Re: None

Monday, 11/21/2011 11:10:18 PM

Monday, November 21, 2011 11:10:18 PM

Post# of 4983753
Picked up 35% profit on SAPX today from $.40 (Friday) to $.53 (Monday) and will probably look to swing it again tomorrow.

Gotta love the liquidity on SAPX today.

I'm thinking a hold of $.60 after a morning gap Tuesday could have some bigger shorts considering exit before the holiday and therefore spark a continuation run... but again, first I need to see it hold $.60 - $.58 roughly 15 minutes after the open.

If it does that I think momentum traders will continue to hit it and bigger shorts will drive it up.

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