Apparently inflation worries coming in, which could amount to something.
my strategy is to hold longs right now, and to quickly ditch them on a breach of support as this selloff may stick. Who knows? However, given the lack of trendline break, I must follow the chart and remain overall bullish for now at least.
I posted the level 1509 SPX line in the sand.
Good trading.
Anyone buying this 30 point selloff
Started by
Tor
, Jun 07 2007 08:31 AM
1 reply to this topic
#1
Tor
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- Traders-Talk User
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Posted 07 June 2007 - 08:31 AM
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#2
Russ
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- Traders-Talk User
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Posted 07 June 2007 - 08:50 AM
I am long esjune and big contract.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
