Friday, April 23, 2010
new SnP 52 week high
SnP broke thru resistance with a high of 1214.52. will it die here or run to 1225?
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Generally on the stock market, economics and other irrelevant, unimportant nonsense.
the SnP closed near its high for the day at 1217. I bet we tag 1225 on monday. Also new margin requirements kick in on leveraged ETFs like TZA. I know I will get a margin call and have to bail right at the top. Maybe I can just sell half.
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