hmmmm
so... the futures started this morning at 3am at like 0 or 1.5 on the spx
then most the morning spent their time at 4 to 4.5...
they are now at 3....
My rule of thumb is to watch the trend of the last hour... so if it holds at 3 to the open...
we may gap fade the 3 pts... it's not far....
I'm not sure that is a good "Bet".... I may give the morning some time...
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Tuesday, June 16, 2009
Hate the open
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment