April 2, 2009 April 2, 2009 By charlie In , , ,

S&P 500 Bullidex ($SPY)

bpspxvix090402According to the S&P 500 Bullidex, luck favors the bulls as the blue line rises. There are a few stocks making new highs as the uptrend grows stronger.

Though my indicator said sell two days ago, the intraday strength has kept me from getting too bold with such a trade. APAC, MEMS, SGU, CACH and CAST look like nice penny crack for the addicted, but I’m playing the leveraged ETFs intraday.