Tuesday, October 19, 2010

Market Sells Overnight and Into the Morning

The selling kicked off yesterday with disappointing earnings from Apple. Apple beat expectations, but sales of the iPad disappointed. Support should be coming into the market now in the low 1160s. I will be looking to buy somewhere around 1162-1163 on the ES. If we confirm a move below 1160, I expect that selling will continue down to the low 1150s
Posted by Verde at 9:53 AM
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2 comments:

  1. VerdeOctober 19, 2010 at 9:56 AM

    Long ES at 1163.75. Only looking for 2 points

    ReplyDelete
  2. VerdeOctober 19, 2010 at 9:57 AM

    Sold ES at 1165.75. Just building a little cushion, Will buy back in again on another down-tick.

    ReplyDelete

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