In CASH (closed all positions on 4/27/2012 at close)
Opening Following positions at open on Monday 4/30/2012 and closing on Friday 5/4 at close or if a goal of 2.5% portfolio gain is reached during the week.
- Longs (10 Positions Equal $): GE JPM WFC RIMM SLV GLW NWSA XLE CX KEY
- Shorts (10 Positons Equal $): SBUX CL TWC JNY CXW ALXN NUS SPY SPY SPY
SPX bounced of support at 1360 level last week and is rallying to challenge its recent multi-year high of 1422, but before getting there a sell off to test its Primary Uptrend Line (PUL) at or around 1390 is very likely.