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[viccarter]

VST the thesis is some type of shakedown in the morning regardless of a gap up or down or flat open. A thought would be a sharp selldown of the 15 minute bar leading into buy around 9:30 CST or so tomorrow, which potentially could be a nice swing. This is picking nits though, the thesis for where this is coming from is that I have a buy on that first 240 minute bar of today's trading session on all major indices. Without a catalyst or large gap down, I expect this 240 buy to play out with further buying into tomorrow and possibly Thursday. With the volatility, one has to factor in the potential of event risk, and anything else that could be unexpected, so sizing is key. This is not some normal 240 buy where you can sit back and let it work, as the indices are sharply slanted downward and this warrants increased caution and has a higher potential for failure of this signal. Again, if we could get 3 or 4 15 min bars of weakness in the morning; this could be in play.