03 April 2007

The Run

So the futures take off as I thought might happen...ticking 1807 as I type...this throws the bias off and picking a spot could be dangerous...pending home sales come in stronger than expected...although that number shouldn't be trusted...I'm going to watch the action up towards 1815-1818...ideally selling them as near to 1818 as possible so we can define our risk near 1820...that area should prove difficult to push through...careful scalping under there as we know when the mo is a go stepping in front can be oh so painful...jfg.

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