Monday, May 02, 2005
12:10
You might be asking why I am long if the market has been weak. We have defended the 200ma and now we are also using the 20 as a support. Ticks have been on avg above 0 and the Trin is about where we opened, neutral. So I used the Stochs as the entry and the 200 and 20ma as support. My stop is now up to 115900. 12:30 is a pivot time so I will hang in there until then. Stochs have turned down but 200 is supporting us. I'm not looking for much on this trade. 116175
