Friday, September 3, 2010

Markets filling post Obabma conference.

SP futures trading lower on the day threw 1095. Long small SDS here for a trend.

Room chat for SDS stops and strategy:

Tim Kelleher: Drawing SP futures fibs from highs 1104.50 to settlement 1088.25
Tim Kelleher: res levels are 1098-1099
John M from TN: thank you for the fibs Tim
Tim Kelleher: if we get there, I would long one more slug of sds, stop if we go back over 1100

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