"The man who can grin, when his ship comes in, and he's got the stock market beat. But the man who is worthwhile, is the man who can smile when his pants are too tight in the seat" - Judge Smails
Tuesday, March 31, 2009
One with a smear.
807 SPX coming into play here. For those who bought yesterday, selling here makes sense. If you want to short, the gap of 809-813 is some good resistance. Looks like someone wanted to goose this market a little bit. I cannot remember the last time I saw $MSFT up over $1 on a day. Makes sense, you can put some good size to work in a beaten down name with cash to burn.