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Tuesday, June 16, 2009

FMM - Swing Trade Daily Newsletter Trade - SPY Candle

Candle Portfolio Portion of the Swing Trade Newsletter

(chart annotations excerpt:)

6/11 - Go short on a lower open as resistance level was rejected again.
6/12 - Went short at the lower open (94.40) target 92, stop 96.
6/15 - Nice move to the downside closing near the lows of the day, but volume was on the light side.
6/16 - target of 92 achieved and covered short. Stock closed at the lows of the day as 200day comes into play.

Date Share$ Shares Amount
06/16/09 92.00 106 9,746

Date Share$ Shares Amount G/(L)
short 06/12/09 94.40 106 10,000 254 2.6%


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