S&P

Tuesday 19 May 2009

Position traders:

Sell Jun S&P at 903 on a stop.

Lack of demand will invite supply, and
this market, while lacking supply, is still
vulnerable, given the inability to get
back to last week's levels.

Use a 918 stop, if filled.

If intra day market activity dictates a
change in a sell price, one will be posted.