Monday, November 29, 2010

Pay attention to 1200 level in S&P500

I got out of my shorts on Friday. I'm in the bull camp. I'm going to ignor Monday market moves. lets see what is going to play out by Tursday. If S&P500 gets above 1200 level, you can jump back in. Please note if S&P500 violates 1170 support level, picture will get ugly.