Monday, March 26, 2007

Flat Opening

09:41pm PRICE going nowhere...
09:59pm Still sidelined for a clearer setup.
10:01pm Market doesn't like the data just out...getting hit.
10:03pm A 6pt drop so far from the news - "New home sales fall to seven-year low in February".
10:05pm Will this Bull "climb the Wall of Worry"?
10:07pm The drop is escalating. Still no trade.
10:08pm We are in PRIME on the Trend Chart.
11:18pm LONG 1435.75 / STOP 1434.75
11:19pm Moving STOP to 1435.00
11:22pm Will to to milk this move...
11:35pm Moving STOP to 1437.00
11:37pm Trying to target 1439.75 as my "profit area"
11:40pm Out at 1440.00 / +4.25pts
12:22am I'm done for the night. 1 Trade. 1 Winner.

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