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ProShares Ultra S&P500 Message Board

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  • mr_chumps mr_chumps Jun 25, 2009 8:18 PM Flag

    for the techicians

    If it can break above 928 then there is a chance it will take another whack at 950. Japan and New Zealand just came out with some very bad news tonight, no suprise, that will put pressure on futures tonight. ATM spx is at resistance and I expect it will drop tomorrow but who knows, just take a look at what PALM has done on a better than expected loss. Palm was under 2 bucks not very long ago and still has not made a dime but has increased 7x. Volume was not very convincing today either. I shorted again end of day as I do not see this as sustainable.
    Besides King of Pop just took a dirt nap so maybe emotions will change.

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