At 77. Stop below Aug 6 lows. Let's see if the bears have the firepower to break below Aug 6 lows.
We have had 2 weeks of constant drubbing in the form of bearish news. Fund after fund going belly up. Liquidity concerns. Redemption denials. Front page headlines day after day, about the death of the bull...you name it !
ES still above Aug 6 lows. IWM just does a 50% retrace. There's something wrong with this alleged bear market. I don't know what is. That's why i went long. Let the market prove me wrong. Hard stops in place.
Will start buying the futures once my hourly gives a buy signal. May not post those trades. Will see you folks after a few days. Good trading.......
Bought IWM
Started by
NAV
, Aug 14 2007 12:08 PM
2 replies to this topic