Friday, August 14, 2009

The bulls look like the Cubs today

Only difference is the Cubs have lost 7 of their last 8 or 8 of last 9 who can keep track? The SPUZ are down 19.75 - ahhh relief. 988 is a support level Id keep an eye on, although the bulls are holding them up at 994 pretty well - I suppose an afternoon ramp is still a stron possibility.
Im buying in a small amount of my CHK short here but keeping all of my long calls - so that if it goes higher again I can reshort.

If the REITS can push lower today I belive ther market will follow them lower, key off of SPG.
Lunch time - I can afford to eat today

JB

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