Thursday, November 12, 2009

Thurs #3, 4 and 5


#3 price is now pushing down with momentum, dow jones open and dipping into negative territory...i hopped in as price moved out of the rainbow for the next leg down a quick 5


#4 got yellow on the rammy at 65 area price stalled and moved back into the rainbow stepping up in 69 out 72 for a couple quick ones s/l was a break below the low at 65


#5 got red on the rammy throw indicating an area for selling into the trend..in a bit late at 79.9 and out as price stalled on the downmove lowest i saw was 70 i exited 72 s/l was a break higher by 4 or 5 pips

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