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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (4458)	12/10/2004 12:05:03 PM
From: Michael Watkins	Read Replies (2) \| Respond to of 12411

Stopped out at break even earlier; am short again though. Even though I see plenty of potential for price to push up here (I will get long if the big picture charts - 15, 45M - give me an entry) I've been stalking aggressively the short side to try and get ahead of a break of the day's low should it ever materialize. 11:27:23 Mike: I am going to do an aggressive short under the last 5M up bar in ES; I don't expect it to be filled but just n case these bounces to trendlines fail, I want to have something in there. 11:28:05 Mike: In the meantime if you are buying these pauses the targets are the HOD and then yest HOD 11:29:01 Mike: YM I have moved stop up 10560 again. 11:29:01 Mike: YM I have moved stop up 10560 again. Internals weakening a bit here today. Still an ever expanding triangle intraday. Low expectations in either direction until it breaks up or down for good.