What A Week
5/18/2008 9:30:11 PM
Increased volume and higher highs leaves us.
Welcome to Lynn T's 1-2-3 PLUS Alert. To learn more about my Partial Leverage Utilization System, click here.
Where do you think? Increased volume and higher highs leaves us wanting more! And who wouldn't? There is nothing better than an advancing market - at least when you're positioned for it. Fortunate for us, we are positioned to take full benefit of this upward move in the SPY.
Now, you'll notice that I haven't drawn the channel on my chart shown below, but it is still there and we're still in it. We haven't broken either side of it (resistance or support), which is a good thing - also when you're positioned for it like we are.
It would seem that all is working in our favor.and we're loving that! What a week indeed.
Stay where you are (see new weighting below).
Current Weighting Suggestion:
3/3 in Bullish Leverage
You can email me with any questions at email@example.com.
Have a great week!