946 recent high at 12:55PM
941-940-939 are decent entry prices for longs -
I view 948 as a great exit for any longs.
Risk 3 pts from entry. 938 stop. 948 target.
@ 941, risk is 3 pts, upside 7 pts (3:7)
@ 940, risk is 2 pts, upside is 8 pts (1:4)
@ 939, risk is 1 pt, upside is 9 pts (1:9)
I recommend 1 of each, if you can afford the loss.
The environment is BULLISH here - indeed -
945.25 last 1:01PM
Friday, June 5, 2009
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