Friday, October 31, 2008

S&P 1000

1000 level is just 25 points away. I think 1056 area is a great area to short. I am telling you this today that next week they going to ramp us and alot of people are going to go long and get caught in the long run as they will all claim that the bottom is in. I would advise next week to start setting up those ultrashort and short with some puts especially Wednesday.

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