Major indexes could very well fall back to at least their 50 day moving averages.. NYSE to 5750 for example... stockcharts.com[w,a]daclyyay[db][pb50!b!f][vc60][iLa12,26,9]&pref=G COMPX back to around 1840 stockcharts.com[w,a]daclyyay[db][pb50!b!f][vc60][iLa12,26,9]&pref=G DOW back to around 9500 stockcharts.com[w,a]daclyyay[db][pb50!b!f][vc60][iLa12,26,9]&pref=G But it's another big earnings week.. with some bellweathers checking in... So I am keeping my powder dry, playing the short side mostly, but almost entirely in day trades, with very few overnighters. |