SPY Swings

Swing Trading SPY, SSO, SDS, Puts and calls.

Monday, March 2, 2009

Wave 3 is about over...then we can expect a rally and choppiness for wave 4 before the final low is made.

Still no sign of turning up on this indicator...but I suspect it will turn up before the final wave 5 intermediate bottom.

Pokerden: This is probably the only time we are going to see a market like this in our lifetime. So lets make the best of the opportunity. I am going to concentrate on mainly trading the S&P 500 index using Elliott Waves and other TA. I will mainly be using puts and calls on SPY, but at times will trade SDS and SSO also. Do your own due diligence of course. Do not take any of my commentary and technical analysis as recommendations to purchase stocks or options. I do not currently trade the E-minis.

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