This week I finally sold the remaining BAC call for a big win. It was up further but I wanted to be sure I didn't miss out if it was going to continue higher so I just raised my stop every time it climbed. Other than that the other trades were so-so. The CAT calls I picked up were up much more but I didn't want to tighten the stops up so much. I'll get my timing right eventually.
Major Indices:
Great volume this shortened week due to Monday's Martin Luther King Day. The RSI values are still holding 50 but some are close to going under.
INDU: Nice bounce off 11715 area Thursday. Good support.
SPX: Starting to slow down 1278-1281 support area.
COMPQ: Looks the worst of the three. Breaking through the 16 EMA-Interesting.
Enjoy the week! Stay on your toes we could see lower. Go Packers!
N_t
What are the different among red, black, and blue curves across the charts
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