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Monday, February 14, 2011

Monday 2/14/11 wrap up

As mentioned in the weekend update, the rally in SI from the Jan 27 low wasn't done last week.  However, we are getting close to being able to count 5 waves up complete from the low of Feb 3.  Target is still the high of Jan 3 at 31.275.


I reversed my short SI position from Friday to long SI very early this AM.

5 comments:

  1. Hi Al...started to short the yen...Great sailing at Mecox Bay, Southampton, Long Island this weekend. My son Jake won the Best Junior Sailor Trophy (he sailed Passion)...Jordan

    \http://www.northforkmemories.com/p896329062/hbbb42d9#hbbb42d9

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  2. Hey guy, congrats on your son.
    Had a fabulous January for trading (up 25% on equity) but been getting my a-- kicked this month (down 5%). Hoping to turn things around before month end.

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  3. I have no doubts about your abilities. If the thaw works out I may be out in Wisconsin in 2 weeks...

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  4. thanks
    unfortunately, I'll be on vacation the 1st week of March (New Mexico)

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