Great Trades

Wednesday, March 18, 2009

Long to next resistance

With the pullback after the breakout over 780, our trading model is going long the S&P 500 for a rise to next resistance.

Long 20% S&P 500, long 5% FITB, 10% long GE w/covered calls, speculative traders long an additional 20% S&P 500, long an additional 5% FITB, and an additional 5% GE w/covered calls, short gold to hedge.

posted by GreatTrades  # 2:10 PM

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