Thursday, October 29, 2009

Limit Order for SPXU

Don't have much time right now.

Short-term is very oversold but looks to have made an intermediate top in stocks. I expect some significant rebound attempt somewhere in the next couple percent down.

Place a day only limit order of 47.00 to potentially sell SPXU today on further weakness.

We'll look to re-enter at some point if conditions are right.

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