SPI Trading 5th February 2008 part 3

10:16am

SPI rising from an R87 low, and a BUY day (buying lower opens)...

I missed the first rally, but the R44 reversal down allowed me to get into longs...

expectation that price had to complete @ 5871....

Long @ 5820

Partial Exit 5852 (+32)


Exit all 5870 (R87 high) +50

No more Trading today

Note: BUY day has a random length today....

Or it can reverse back down into the 5-day 50% level, as part of the stalling day...

Next Trade tomorrow..