Tuesday, August 11, 2009

Downtime.


Well, It took awhile but the markets are officially rolling over. Stochastics are trading down, MACD about to go negative and the ADX has turned inwards. We will be looking for some great setups on the pullback and feel very comfortable riding out our shorts/puts. This market has been extremely strong so we will be quick to take profits and adjust our stops along the way.
Trade well,
Trader D

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