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#1 NAV

NAV

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Posted 13 June 2007 - 07:24 AM

Looks like the nocturnal beasts are going to have a sucessful gap-up today. But that's a gap-up which is very likely to get filled. Here's what is more important for today. If we fail to take out ES 1498 by 10:30 EST, then it's VST bullish and a rally to challenge the 1536-38 resistance will very likely get triggered. If that happens, i will go long for a countertrend trade. For now i have some 50% position in QQQQ puts from 46.90 yesterday. Good luck everyone.

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