Friday, February 15, 2008

02.15.08 - Long's Have Bad Edge

Well, I put a little long on the gap down at the open, but I am really not thrilled with the price action so far and there is a bad edge for longs on the day as a whole. Tick is fairly flat on the downside, though the Financials are showing relative strength on a curve steepening trade, no doubt. Don't forget we have a three-day weekend ahead.

3:00PM CST UPDATE: S1 Held! Enjoy your long weekend.

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