Wednesday, February 11, 2009

S&P's

The s&p's are currently trading around 830.  I think this is an important level for today's close.  Early today, the upper 820's may be a good buy for a short term rally to upper 840's.  You'd have to risk yesterday's low of  819.50 so the risk/reward is not great.

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