Sectors update

    Posted by matt on 27th of Jul 2012 at 03:28 pm

    XHB - Chart Link  - Homebuilders ETF shown the last few days

    XLI - Chart Link - Industrials ETF, breaking out as well, shown the last few days

    $SOX - Chart Link - Semi, breaking the downtrend line

    those ETF's were nice plays

    Posted by matt on 27th of Jul 2012 at 03:34 pm

    those ETF's were nice plays for those of you who don't want the leveraged stuff, which I typically avoid myself.  

    I didn't set alerts on them, guess I should have, but they've been listed for all week.

    XHB still looks pretty good and is only slightly above the trendline, looks like it has room to run perhaps if the market holds.

    I did take XHB this

    Posted by frtaylor on 27th of Jul 2012 at 03:40 pm

    I did take XHB this morning at 21.38.

    Just took a short position

    Posted by frtaylor on 27th of Jul 2012 at 03:38 pm

    Just took a short position on SPY, 138.97.  Stop at 139.55.

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