As Expected Monday’s Gap Up Update

OK as the immediate term indicators predicted we have a nice gap up today.  The portfolio will be moving stops up as we go.  Current stop levels are End Of Day stops (based on EOD prices!) UNLESS/UNTIL THE SPX REACHES 1152, if it does, then they are instant stops:

SSO @ 38.75

BGU @ 48.25

FAS @ 10.97

TNA @ 35.00

QLD @ 78

About alphahorn

I received an MBA from Columbia University’s Graduate School of Business in New York and am a Wall Street veteran. I’ve worked for a number of investment banks including Smith Barney and First Boston/C S First Boston in New York. Over the years, I have developed my own Proprietary Swing System and I combine that System with my own Elliott Wave Analysis to trade.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply