Wednesday, August 11, 2010

SPXU Stop Order

Because the market is now short-term oversold, but with potential for further downside, I am going to just post a stop order a little better than break-even and then see how things pan out the next few days.

SPXU Trade Follow-Up:

Place a GTC sell stop at 30.00.


I am not going to post a stop order on EUO yet, though I don't blame anyone for getting one in just below the most recent swing low.

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