Friday, August 21, 2009

08.21.09 - Big OPEX Move


Having severe internet difficulties since mid-morning. Today feels like July 15 all over again. Will see if this posts, then add more.

Update -- Well, post went up, but still having trouble with TS -- so I'm flying blind for now. Last I looked, it appeared to be a trend day, but I see on Yahoo! Finance just now that we are facing strong resistance just under SPX 1,025. Maybe we pop again after the mid-day lull, but I suspect this four-day move will prove a tempting fade next week.

Long-Term View:

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