12 April 2007

Formulas

So figuring out this market lately has been difficult and relying on past experience and reliable indicators hasn't helped. There is every reason for this market to cool off and I need not go into the details. I still want to primarily stay on the sell side of things the further we are away from the 1700's. Obviously today we should have been buyers but that is in retrospect and we don't don't get to trade in the rear view mirror. We are testing the highs here again @ 1727.50 and if we can hit 1832-1833, I am going to hit the sell button yet again...if I am wrong again...so bit it...jfg.

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