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

To: venividivici who wrote (4888)4/29/2006 5:12:42 PM
From: venividivici  Respond to of 41477
 
Got out of that long with a reasonable profit on the spike this week. Scalped long and short yesterday. Still think we're going to new NDX/QQQQ highs, hopefully by the end of the week. In any case, this is a great risk/reward situation on that index because of the clear stop-loss points at either Thursday's low or last week's low. Can't really ask for a better scenario than one with a clearly defined risk management point like that.


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