SPI Trading 5th February 2008 part 2

9:56am

SPI opened much higher than expected and pushing upwards, and pushing upwards from an R87 Spiral low, which often can continue towards an R87 high @ 5871...

A move down into 5955 was my ideal long trade to upwards, it was the 5-day 50% level and also 44 points down in sycom....perfect alignment

But with this current price action and where it has opened, I've probably missed the boat....

i'll sit it out for the time.....