Algokid
Long

UPDATE : SPY ....LONG

AMEX:SPY   SPDR S&P 500
The day is not over yet , but as of yesterday close, the SPY             is up a nice 3.65 % for the month of August. It remains above it 's 200 MA, so this trade is still open.

So far, this trade is up 67.84 % since Jan 2012. Summer is now over , and most big traders are leaving the Hamptons to head back to work next week. September and October are usually the most volatile months of the year, so we 'll see how the SPY             performs during that time.

Enjoy your long weekend

Cheers

Algo

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