Thursday, April 10, 2008
I love it when a plan works out, especially when it's to a T... can't let it get to your head though. Tick is strong, albeit softening up a bit as of this writing. I wouldn't put more on the table until a small pullback though, maybe around SPY $136. That's near the daily pivot and the rising VWAP. The five day, on the other hand, may provide some techinal support here. We'll see if it happens. SMH has been on a tear (+3.12%).