Thursday, April 2, 2009

Midweek Trade: Goodbye to You

Update above.

Since Monday's post "Getting Ready for the Wednesday/Thursday Market Pop" I've been trying to figure out how (and of course, when) to exit the trade-within-a-trade*. I'll let Patty Smyth do it at DJIA 8061 and S&P 842.93:
Scandal, Patty Smyth - Goodbye To You

*The original trade dates from March 10's "S&P 500 5% Days" DJIA 6926 (close), S&P 719.6,
reiterated March 13 in "Markets: Where Do We Go From Here?", DJIA 7224, S&P 756.55.

The "...within-a-trade" from Monday's "Getting Ready for the Wednesday/Thursday Market Pop" DJIA 7468 (time of post) 7522 (close), S&P 786, reiterated Tuesday in "U.S. stock futures slip to start second quarter".