Monday, June 8, 2009

Open-out cry is closed We are in extended Globex trading

We gave more than  two sets of entries today.  Our second sell entry was covered at a small profit  but the  third which was given along with a buy reco at 67.80 would have made  members money on both sides of the market. The last entry on the sell side at 68.75 was not a stop out as the highest it reached was 68.95  and If you followed directions and were not scalping you also had the cue to buy on a dip to 67.8 which also was hit. All in all chances today if you listened but you also would have needed the patience of Job as they say. I was too close trading for small change and wish I went the route I suggested to members there would be more money and  less trades. I am still selling into strength  right below 69 with the dollar this high and a correction of some sorts is extremely possible.







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