11 April 2007

Wild Ride

Alright, so the bullish bus hits a pot hole and nervousness before the FED notes takes the market down pretty hard on better volume...so our strategies the past few sessions of setting sell stops under the market would have worked perfectly today...they might blame 8 month highs in gasoline or the weaker dollar...it's not our job to find answers...it is our job to make money...I still expect buyers to show...lows put in here at 1812.75...those should hold...if there is no pop from here in the next hour, I am folding the tent and heading to the beach...we are ticking 1815...long from 1814...and looking for a spike into 1824...jfg.

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