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Opinion on UltraShort S&P500 ProShares (SDS) Sector: Financial > Industry: Misc. Financial Services
S&P 500 a potential short

Dec 01, 2008 02:16 AM GMT

ripetrade1

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+5.91%	LOW

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The S&P futures are currently overbought and the short term pattern is bearish if the S&P futures gap open above Fridays high 896. This pattern has predicted a market decline in every instance out of 26 occurrences.

If Open > 896 then SS @ open

Exit 1st profitable open or 2% stop loss
http://ripetrade.blogspot.com/2008/11/s-500-potential-short.h...

SDS: This call was made on 12/01/08 @ $93.22

Rating:	$93.22 (12/01/08)
Closed:	12/03/2008 @ $99.75 (+7.00% in 2 days)
Target:	$91.00 (-2.38%) in < two weeks

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UltraShort S&P500 ProShares (SDS)

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Opinion on UltraShort S&P500 ProShares (SDS) Sector: Financial > Industry: Misc. Financial Services S&P 500 a potential short

Opinion on UltraShort S&P500 ProShares (SDS) Sector: Financial > Industry: Misc. Financial Services
S&P 500 a potential short