The start of a new round towards an upward market is nearing.
Round 1:
#1 position long SPX 831.95 01/23/2009, STP 1/30/2009 838.61 +6.66
#2 position long SPX 836.57 01/26/2009, STP 2/10/2009 852.53 +15.96
#3 position long SPX 874.09 01/28/2009, STP 2/12/2009 822.00 –52.09
#4 position long SPX 832.23 02/04/2009, STP 2/10/2009 851.85 +19.62
#5 position long SPX 868.57 02/06/2009, STP 2/12/2009 822.00 –46.57
#6 position long SPX 869.89 02/09/2009, STP 2/12/2009 822.00 –47.89
-104.31
No position added today, 3 STP’s were elected, which close out this round.
Z