Monday, August 25, 2008


I just sold my long position in the E-minis at 1278.25 and am now flat.  I don't like the fact that the market is showing weakness below Friday's daytime trading range which itself was a second lower top relative to the August 11 high. I am not bearish, but I do expect to reestablish this position at lower prices. 

1 comment:

Anonymous said...

Nice exit. You certainly will be able to reestablish your position at (much) lower prices.