SPI Trading 10th March 2008 part 6

SPI 13:13

SPI has continued back down into the Weekly lows once again.

I didn't short it down, but have gone long using a reversal bar @ 5164.....

Partial exit 5174....+10

This up swing is 22 points, which was my 'short' set-up (22 point rejection under the 5-day lows), but because I'm long and in the money, I'm going to hold it and run stops @ 5159....

And still trading above the Weekly lows....