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All correlated markets up. Fed Chair Yellen late yesterday said the Fed is on course to raise interest rates later this year, which suggests the Fed has confidence that the U.S. economy is strong enough to handle an interest rate increase.
I moved my limit to 1936 and was filled shortly after the open. Instead of trying to trade short term today I'm trying to hang on longer. Thigs were going quite well until about 2pm. The health care sector is selling off 2%. I believe this is a buying opportunity. I added to my position making my average price 1931.50 on DayTrade2 account.
Entered long here on my one lot system after being stopped out. I'm betting on short covering at the end of the day. I think tthe worries over a government shutdown due to the Boehner exit is overdone.
Still long one lot on DayTrade2.
