TradeStalker's
R.B.I. Trader's Update
11 / 26 / 2009
(Published Since 1996)
SPECIAL UPDATE
...............................................
Dateline: 3:49 pm eastern time, 11/26/2009
Another banking problem, apparently involving the Dubai
government, helped trigger the downside that was warned of.
If you followed me and bought Put options with the ES
at/near 1110 (per the instant message sent late on
Wednesday), take off half at the open on Friday. The support
and resistance areas that are most important are below.
December 2009 SP futures resistance
symbols: emini = esz9 / big contract =spz9
1090.00
1095.00-1095.50
1099.75-1100.50
December 2009 SP futures support
symbols: emini = esz9 / big contract =spz9
1083.00-1082.50
1078.00-1077.50
1074.00-1072.50
1068.25-1067.75
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Good Trading,
Mike Reed
TradeStalker.com
This publication's primary focus is trading the index
futures. However, you can also use my nightly updates to
trade the following ETF's (SPY), (QQQQ), (SDS), (QID),
(DIA), and (DOG)
Copyright (c) 2009 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
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Disclaimer
The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.
We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
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