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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (76344)8/4/2007 10:22:10 AM
From: Walkbarr  Read Replies (2) | Respond to of 94695
 
Volume was a little lighter yesterday then last Friday sell off.
When I go long it will probably be with the YM or the NDX.
They have held up better then the ES.

Question is when to go long....



To: GROUND ZERO™ who wrote (76344)8/4/2007 12:45:32 PM
From: Gersh Avery  Read Replies (2) | Respond to of 94695
 
Went half long (403b) at the close Friday.

I'm holding the other half to see if a three day pattern shows up.

3day: down flat down .. which would make Tuesday the next down day.

The center day can also be an up day and still be a three day pattern.
If we head north on Monday, I wouldn't chase it. Tuesday should (if Monday is flat/up) then give another chance to get in lower.

Then again .. if I quit smoking, it might look different.

Who's got the glue bong these days?