Monday, August 27, 2007

CAL Testing Support

CAL is testing support at $30.83. Next PP support if this level doesn't hold is $30.00
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Posted by Jamie at 8/27/2007 01:28:00 PM
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2 comments:

Prospectus said...

I tried to get this sucker, but it never broke. I took 7 different entries in it during the day! It was an unusually non-volatile day in CAL from my experience.

Aug 27, 2007 4:59:00 PM
Jamie said...

Prospectus,

The third test of the PP usually breaks, but as you say it was non-volatile today. The $XAL tried to rally shortly after my entry. I was lucky I didn't get stopped out.

Might be a trade there tomorrow as the $XAL broke its trendline and carved out a lower high.

Aug 27, 2007 6:50:00 PM

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