Saturday, June 13, 2009

buy, sell or hold?

 
both the wilshire5000 and the s&p 500 ended the week pointing up on their daily charts and their intraday charts. both indices closed above their 200 day exponential moving average.
 
 3621352799_fdcbbbba57.jpg
 
 3621352827_3ca09d54ce.jpg
 
3622514804_e086560047.jpg


3622586902_b8d7950a8e.jpg


the market is oing up, but man has it become tired. i'd bet that we won't see a significant pullback here, probably later, who knows when. just not yet

me, i'm not going long. whe i stop out, i'm done until a pullback. nothing wrong because cash is King!!

that's fun trading

Posted via email from fortypercent's posterous

No comments: