Bookkeeping: 2nd Half of Index Position Exited as S&P 1165 is Broken

By Trader Mark
17 March 2010 @ 03:22 pm EDT

So far so good.  Out of the 2nd half of the index positions as outlined an hour or so ago, once we broke S&P 1165.  No questions asked.

Now I have to wonder if my theory of how this move ends will play out.   If we actually had a selloff from here, my outline of the correction would be near perfect, within about 5 S&P points.  But, for all I know we gap up over S&P 1170 tomorrow morning.  A time to observe for now.

Broken record alert: "we are so overdue for a pullback".

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