Thursday, March 29, 2007

ETF Update for March 29

IWM, iShares Russell 2000 index, is right at support on the daily, 240 min. and 60 min. charts. Looking to go long around 79.90

Stopped out of SPY at 141.91 for a loss of $1.61. I did follow my trading plan of buying a pullback to support, price did not move higher and I was stopped out at my predetermined stop loss. On to the next trade.

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