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Could get ugly tomorrow

Started by saltlake , Apr 10 2007 02:50 PM

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4 replies to this topic

#1 saltlake

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Posted 10 April 2007 - 02:50 PM

Im probobly a good fade but I just loaded up on may 125 DJX puts. Wills ell in the AM if nothing is materializing. :bear:

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#2 fib_1618

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Posted 10 April 2007 - 04:40 PM

I'm probably a good fade but I just loaded up on may 125 DJX puts

Just know that we're getting many McClellan Summation Index breakouts to the upside now, and the NYA closed at all time highs today.

Good Skill

Fib

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#3 saltlake

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Posted 10 April 2007 - 05:24 PM

Fib, I agree with you. I mainly Trade price now but for some reason I just cant seem to throw away all the short term indicators that I used to use that never worked. Ive been tweaking with a few lately and that is the reason for my position going into tomorrow, but the funny thing is my 30 min 60 min daily and weekly charts are on a solid buy. I will probobly end up closing the trade for a loss in the AM. I will probobly give it a few hours though.