Friday, December 16, 2011

Trader Update -data point 16 December 2011-

...the SPX 500 15 December 2011 Low *1209.47 (just below the 50% retrace of the 28 November 2011/7 December 2011 advance) appears subject to a cautious recovery attempt -  Trade: buy *current levels Target: *1315 Stop: *1211.36 remains 'on' - the 13/14 December 2011 bearish Trin leaves the market unsettled -she'll be allright mate -get the hell outta here- *1.00 neutral - 50 (%) protection for a fully invested portfolio - reducing at Closes above *1225.60

Kind Regards

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