Observe & Trade*

Monday, December 27, 2010

Exit YM for a gain of 4 points.

Looking for a 10+ point gain on YM. Will move stop to break even. Keep monitoring.

Moved my stop at 11478 at YM (115.38, DIA).

DIA looking good!

Get back at YM at 11481 again with same stop at 11473.

Looks like it's getting back to its feet again.

Bailing out YM. It doesn't look good!

We'll try to get YM at 11482 (115.42, DIA) with a close stop at 11473 (115.32, DIA).

Looks like it is forming cup with a handle. It's a low volume day.