Seeking Alpha
  • Ryan Mallory
    Evening Tape: $SPX Head and Shoulders Pattern Comes to Life | SharePlanner http://bit.ly/14DwYoE $SPY $QQQ $DIA $IWM
    8/15/13
    Reply (6)
    • markrpat: This pullback happened overnight, no way to see it last night. Question is, what to do about it now? I have been staring at the partial..
      8/15/13
    • Ryan Mallory: overall the daily chart from the past month or so is very similar to what we saw on 3/6-4/18
      8/15/13
    • markrpat: gap up on the daily SPX (July 10) for weeks, now coincides with 50dsma. Now we are there. I think (cannot see) we are going lower.
      8/15/13
    • markrpat: Yes, looks very similar. Thanks.
      8/15/13
    • markrpat: Looking at 1652ish as a general target for my $SPY puts (trades). Am in 99% cash, weekend will be for putting together long shopping list.
      8/15/13
    • markrpat: Finally time to re-construct portfolio plan. Again, thanks Ryan.
      8/15/13