Exposing Ideas to the Envelope of Serendipity



Contact moo at: bluechipbulldog@gmail.com



Tuesday, May 19, 2009

FAS

To think I had bought a position in FAS at 9.27. That is the 1st red line from the bottom of the chart on the right.

The market action yesterday was very significant. I say we may give up 10 /ES points as a normal retrace, and we will likely consolodate for a few days w/lots of chop and very light volume. I will likely not be trading if that is the case.

I remain bullish and I still see 950 /ES area as the target to be reached.

I am sorry to have missed yesterday's close on FAS. 

wow.

STAR TREK was loads of fun....
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