Tuesday, February 24, 2009

Sneak Peak at Mad Money tonight

I was able to get Jim's notes on today's market. Here they are:


I closed out my PUTS today but at the end of the day Shorted Small SSO position, we may or may not have hit a RL level, that's for you to find. If you look at a real chart, not Jim's you can see that we are still inside yesterday bearish candle. A move to 800 wouldn't surprise me, in-fact I would like that.
Still trading lightly here, don't have to much conviction to go long or short.