Monday, November 03, 2008

Out

I sold my one long unit at 961.50.  Weakness below the 960 level will probably mean that the market is headed for the 900-25 zone. 
at

2 comments:

  1. Anonymous11/03/2008 04:40:00 PM

    Dear Carl:

    do you hold positions overnight? From my reading it looks like you don't ... so your trades basically have to work out right from the start, otherwise you are constantly being whipsawed. If 1050 is indeed coming, why not just wait it out?

    ReplyDelete
  2. Anonymous11/04/2008 12:31:00 AM

    also NQ shows more relative strength than ES

    ReplyDelete