Friday, November 28, 2008

SP, Gold

The SP's gave us a chance to buy some put spreads which I'm comfortable with. There is still a short term signal to be short from 890 with a 898 stop. It's probably not worth the weekend risk and the numbers will change for Monday, so I'd get out moc.

Gold continues to be on a open ended bullish signal.

We'll pick it up next week. Have a great weelend.

There is a substantial risk of loss in trading commodity futures, options and foreign exchange products. Past performance is not indicative of future results