YM Traders

in for a small long at 10715

stop 700

 

Everybody still long?

 

I would not buy on here. Looks too ugly and this action doesn't bode well for next week. We might even see the first 2 percent day for a long long long time.

 

That last post should mark the bottom for a few days.

 

rule of 20 gave a buy at 710 so I did

holding from 715 and 710.

 

sold at 718 for some lunch money.

 

IMHO the key to today's trading is no "2nd time through to trigger buy stops" Thus except for stalling at pivots no buy signals (thus far).

 

long at 703

holding til mon.

 

dumped them at 701.

bears win !

 

Seems nobody wants to hold over the weekend. The dip buyers are waiting for lower prices.