10 April 2007

Stocks For Sale

As we approach the open, a little red appears...my thinking is we are just going to drop out of this recent range above 1820 and fall into 1800 with dip buyers getting slammed later in the day...so again I'm going to place some sell stops under yesterday's lows at 1818....I figure they are going to get hit in the first ten minutes of trade...this type of trade is filled with risk but I feel that it is going to be tough today to find a short entry and I want to shoot and ask questions later...stop goes above 1825, where if they manage to take them up there, I will take the loss and reenter...jfg

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