Rally looks good, I really would like to see the S&P futures close over 900. If so, we should have another 1 or 2 % day tomorrow.
I think the best way to the summer market is to buy agressively in the low S@P range (875ish range). I would buy the stuff you want to hold 6 months out and trading long rentals, basically 1 or 2 week holds. As we progress higher in the S@P range, say 910 or so, I would thin my trading longs to bring cash levels up and lockin profits. With that cash, buy back trading longs when we rechannel backwards.
No comments:
Post a Comment