Tuesday, June 22, 2010

Tomorrow is Fed day and in full disclosure I am usually gone for the day by 11:30, I may come back in at 2:30 but it is rare. There is too much noise and too many things out of my control for my kind of trading.


The following ideas may be actionable tomorrow:

ads 64.92/63.85 reversal/support buy on 150&200 day MA

ann 17.27 reversal/support buy on 200 day MA

ipi 29 short

wsm 24.51 reversal/support buy on 150 day MA

But don’t press it’s fed day and anything or nothing can happen.

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