Posted by kevinwalker on 5th of Nov 2008 at 08:22 pm
Thanks for that reply. I usually lock 50% -60% profits which I
did this time. But I have to admit that I am kind of surprised by
the action today. I did not expect a 5% drop.
BTW can you please mention the levels of the 50% retracement
Thanks for that reply. I
System overview links
Posted by kevinwalker on 5th of Nov 2008 at 08:22 pm
Thanks for that reply. I usually lock 50% -60% profits which I did this time. But I have to admit that I am kind of surprised by the action today. I did not expect a 5% drop.
BTW can you please mention the levels of the 50% retracement
kevin - see my SPY
Posted by dodgerdog on 5th of Nov 2008 at 08:27 pm
kevin - see my SPY chart above for the answer to your question. The SPX 38.2% is at 946 and the 50% is at 927.