Wednesday, March 25, 2009

Market looks to be rolling off of resistance

I've taken some heat and covered half my BGZ while still long the XOM puts. Market appears to be rolling off of resistance at 820 to 830 also noticing weakness in the SPY advance via OBV. I'm expecting 760ish to be tested by friday.






I've taken some heat and covered half my BGZ while still long the XOM puts. Market appears to be rolling off of resistance at 820 to 830 and I'm expecting the 1st target of 760ish to be hit.

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