State Street SPDR S&P MIDCAP 400 ETF Trust (MDY)

Three year chart with 20,50,200 sma

MDY uptrend continues

Capital goes to those places where it believes it will be treated well

Playbook game plan for MDY on 12/20/2011

Here's our thoughts:

Playbook game plan for MDY on 12/19/2011

Here's our thoughts:

This board is closed:

MDY DAILY trade closed Today
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MDY DAILY
%GAIN now = 1.32%
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MDY DAILY
Profit = $38
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TEST of Break Out
Comments. My opinions:

(1) Break Outs do not work for trading (Hours to a few Days).IMHO.
(2) Traders should buy on test of Lows or below RED Line.
Zeev does this type of trading.
(3) Breaks Out may work on Longer moves (Days to a few Weeks)

Test of buying MDY on break out.
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