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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?


To: venividivici who wrote (4695)2/27/2006 6:22:07 PM
From: the-phoenix  Read Replies (1) | Respond to of 41424
 
No downside target. The trade stays open until I get a buy signal, or get stopped out. OR decide to take profits sooner :)

25 point minimum for profit-taking, tho.

The inability of the markets to build on the morning gains through the rest of the day looks bearish to me. SPX went to new highs and NDX broke out over a range and there was no followthru. The base at highs for some hours before the late day pullback smelled of distribution.

That's a wild guess, of course.