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Covering all and adding counter trend long


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#1 rightside

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Posted 07 September 2007 - 09:54 AM

covering nq1957 and adding a small long. best, rs

#2 DraggdOut

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Posted 07 September 2007 - 09:58 AM

If we gain momentum to the downside accelerates I think it's going to be hard to argue the merits of going long for anything more than a counter trend bounce in the near future. I've considerably pared my longs but I'm still holding several because I don't think a rally is out of the question yet. Definitely not married in either direction right now. I think flat and keeping an eye open for opportunities is the best way to play this market

#3 rightside

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Posted 07 September 2007 - 09:59 AM

Stop 1954.75 with a 10pt target 1968 +-

#4 relax

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Posted 07 September 2007 - 10:08 AM

nice one right ;-) we should continue down through wednesday, i think