Friday, June 26, 2009

June 26 2009 Prep Overlay


Had a good read on the market today. The prep was very clear about inside support at 910.

We did not get the test of 924. Watch for it over the weekend.

I bought the area around 10:00 AM EST and had the confidence to just sit on the trade due to the premise in the prep.

It got a little dicey around 11:00 AM EST and many probably had difficulty staying in longs. It was a classic summer grind today and the dip down today was merely an AM stop run.

This was a good solid week. There were no home runs but lots of doubles and few strike outs.


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