Friday, March 5, 2010

Quick spike on VLO

Today, I entered VLO at around the $19 mark. It broke through the symmetrical triangle early today with a slight above average volume. With the markets going crazy, I'm not holding many positions. The market seems like it should be setting up for a bit of a correction. So until I get some kind of bearish move I'll be limiting how many bullish positions I'd be getting in to.

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