Friday, September 12, 2008

Flat

The market has rallied to yesterday's close so I just sold my long 2 units at 1253.  I am still bullish  but reactions often begin once the previous day's close is reached after a substantial move from the open.

5 comments:

Anonymous said...

Nice trading Carl. I was looking for a pullback into 11:30 but that's now looking like wishful thinking.

At this rate we'll be at Monday's high before the close.... Wouldn't that be something?

Win said...

Thanks for the updates, Carl.

Anonymous said...

My numbers remain bullish for another big leg higher by the close but my gut says we see the market chop 5points either side of 1250 into the close.

Have a good weekend Carl and thanks for posting.

Unknown said...

Pleasure to see you at work, Carl...ever thought about opening up a trading room? you could open one on paltalk.com for free...

Anonymous said...

It's worse than I thought.... 5 points either side of 1250? Huh! More like 2.5....