With the dollar strong all day I decided I didn't have to worry about SMN or DUG getting away from me and with GS getting pounded all day on better volume I decided to hold onto my positions into the weekend. We kissed the .382 fib of the entire move from the top on the S&P while at the same time completing the RSI buy signal target on the weekly which I regret not trusting this time around. I may cover if today's intra-day highs get taken out on a closing basis next week.
Friday, August 7, 2009
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