Tuesday, March 24, 2009

Market Begins to Pause

Right now it looks as if we are at a pausing stage. We are above support at 805 but profit taking is occuring. As for trading, its very difficult. In my view , you can get long but keep tight stops if we drift to 805 on the S&P. If you want to short,I'd use small positions here. Ill continue to watch the S&P as my trading"guide".

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