Tuesday, March 22, 2011

Software Problem Resolved

First of let me say my charts have been off for a week. I didn't realize that my historical index charts data was corrupted so the markers I have been using are all off. I was curios how I was getting 1293 for the 50dma on the S&P when in fact it was 1300. So my trade and my views are somewhat off. Luckily it didn't cost me money but everything I have been writing about the S&P is a little off.

So the S&P spent most of the gap up doing nothing butting its head at the 50dma. My  thoughts were right but the numbers were wrong. Still by some dumb luck I did put on the short at BGZ 38.4 coincidently when the S&P was up 18 or 19 points so I didn't nail it exactly but i got it pretty close to 50dma. 

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