Monday, January 4, 2010

Smoking Condor


Our Bird is On Fire ~ Smokin' Up a Storm!


Paper Profit is Up to $835.00 -  Goal is $1100.00

Weekly Pivots are being Challenged at the Top Side.  Condor is Safe Between 107 & 117.  SPY is 113.

Monthly Pivots Show that Trade is Right on Track with Goal of 115.  Care is Required as the Market Moves into Higher Ground.

Patience Pays of in the Market


Condors Take Time to Mature ~ They Also Require Close Attention


One Year Monthly Pivots ~ Long Range View of Where We Have Been ~  Pivots Can Help Show the Way.  Bull Market Since Last March.  Will it Continue in 2010?

Weekly Pivots Suggest a Sideways to Down Week Ahead.  The Center Line is the Central Pivot Point.  Above is Bullish and Below is Bearish.  As we start the New Year this first week will be important in setting the tone for the year to come.

Our Condor Trade Continues to Work.  The Tack on Extras are Not Helpful at this Point.  The Condor Trade itself is right on target.