Thursday, March 3, 2011

S&P 500 ~ Update ~ 3 March 2011

The SPX rallied more than I thought today and is back at Tuesday's high at 1332. Tomorrow we'll get the employment numbers so I think it's wise to wait until that stuff is over.

I'd like to revise the level to go long I gave yesterday from 1332 to 1344. The short level remains at 1295-1300.