Wednesday, July 8, 2009

SPY Daily...

Click for larger, Browser back...

The support line I have drawn has been thoroughly broken. $87.00 has been holding as the next level of support.

The Dow has a similar appearance.

I am expecting further downside, therefore, I have purchased two investments... EFU, and SIJ.
Had to overcome my natural tendancy to buy more ETF's and more shares.

Will but more bear ETF's when the Nasdaq cracks.

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