
by Larry Levin
The final week of 2007 is here and it looks like the Santa Claus has begun. It may not be quite as strong as some had hoped, but the indices have had a fairly strong pop from their recent bottoms. For example, the March S&P500 futures have rallied 53.00-points in just 4-days.
If this year was "normal," without a mortgage crisis I mean, then we could expect this rally to continue. And it probably will. However, if there is one thing that could stall the Santa Claus rally it is next week's economic news that covers the housing market.
Have a great and safe Holiday Season everyone!
This is the last newsletter until January 2nd.
Happy Holidays!
Real Time Trading Signals*for
Trade Date: 12/21/07
E-Mini S&P Trades*
(before fees and commissions):
8:33 B/A Buy 87.50 = -1.75 all
8:11 Tp Buy 90.00 = -1.00 all
10:00 MD Buy 88.25 = +.75, +2.75, +2.00
10:51 ENG Buy 88.50 = +.75, +.75, b/e
E-Mini Russell Trades*
(before fees and commissions):
1) Buy @ 8:35am at 782.8 = +.5 & +3.9
3) Buy @ 8:50am at 785.2 = -1.0 (1 lot)
4) Buy @ 9:27am at 785.4 = +.4 (1 lot)
5) Buy @ 9:34am at 764.6 = +.5 & -.8
6) Buy @ 10:13am at 785.1 = +1.0 (1 lot)
7) Sell @ 10:52am at 784.5 = +.7 (1 lot)
8) Sell @ 11:05am at 784.8 = +.5 & b/e
9) Sell @ 11:27am at 785.3 = +.5 & +1.3
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