Smoking Securities

Half Baked High Finance

S&P 500 Bullidex ($SPY)

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bpspxvix090402According to the S&P 500 Bullidex, luck favors the bulls as the blue line rises. There are a few stocks making new highs as the uptrend grows stronger.

Though my indicator said sell two days ago, the intraday strength has kept me from getting too bold with such a trade. APAC, MEMS, SGU, CACH and CAST look like nice penny crack for the addicted, but I’m playing the leveraged ETFs intraday.

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Written by chucklesamadeus

April 2, 2009 at 8:50 pm

Posted in BPSPX, Bullidex, SPY, VIX

Tagged with , , ,

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