Constuctively Bullish So Far

Posted by UpsideTrader
on March 12th, 2009

So far we’re seeing a nice steady constructive uptrend. This is much better than a violent gap up, only to be sold off. The financials are leading–again, retail is strong, fertilizers are weak and energy is about flat.

We’ve rallied 10% on the $SPY since last week, do we have another 10% in the tank before we pull back? We’ll see.

I shorted POT at the open and covered for a nice trade, my two open positions are long ISRG and BGU. Keep em’ tight, so far things look good for the bulls.

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